'
Power Grid Corporation of India
hosted a conference call on Nov 9, 2023. The company was represented by G. Ravisankar,
Director (Finance) & CFO Abhay Choudhary, Director (Projects) R.K. Tyagi,
Director (Operations).
Key takeaways of the call
Declared successful bidder and
LOI received for 2 ISTS IBCB projects in Q2FY24 and 4 ISTS TBCB projects won in
H1FY24 with annual tariff of Rs. 703 crore and NCT cost of Rs 6,393 crore.
Total 16 projects won since FY23
and that will tariff of Rs. 1800-1900 crore and capex of Rs. 19500-20000 crore.
Capex in H1FY24 was Rs 4246 crore
and Rs 2517 crore on consolidated and standalone level. FY24 capex plan is Rs 8800 crore (Rs 5000
crore RTM & Rs 3800 crore of others) but the company now expect to surpass
and close the fiscal with a capex of about Rs 10000 crore (RTM of Rs 5000 crore
and TBCB of RS 5000 crore). For
FY25 the capex is expected at ...
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