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10-Nov-2024

Power Grid Corporation of India

Capex for FY25 will be about Rs 20000 crore


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Power Grid Corporation of India hosted a conference call on Nov 8, 2024. In the conference call the company was represented by R K Tyagi, CMD.

Key takeaways of the call

Project capitalized during Q2FY25 & H1FY25 on standalone basis was Rs 825 crore and Rs 2173 crore respectively and on consolidated basis Rs 1686 crore and Rs 4006 crore respectively.

Capex spent during Q2FY25 & H1FY25 on standalone basis was Rs 1720 crore and Rs 3431 crore respectively and on consolidated basis Rs 5387 crore and Rs 10002 crore respectively.

Works in Hand as end of Nov 7, 2024 was  Rs 143295 crore of which TBCB project are Rs 93072 crore, ongoing RTM Projects are Rs 8896 crore, New RTM Projects are Rs 38008 crore and others (Includes Cross-Border, Data Centre, Smart Metering, Nagda Solar Generation) Rs  3319 crore. 

Projects worth about Rs 84000 are currently under bidding and as per NEP planned projec...



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