Power Grid Corporation Of India Limited · NSE:POWERGRID
Power Grid Corporation Of India — Investor Presentation (May 2026)
31 slides from Power Grid Corporation Of India's investor presentation, May 18, 2026
Slide 1: FY 2025-26 Investor Presentation
FY 2025-26 · Investor Presentation India’s power transmission backbone Analysts’ & Institutional Investors’ Meet 18-May-2026 · Mumbai Listings ISIN NSE: POWERGRID · BSE: 532898 INE752E01010 Actual picture: POWERGRID 400 kV Trichy/ Karaikudi - Madurai line
Slide 2: Disclaimer
Disclaimer By attending the meeting where this presentation is made, or by reading the presentation slides, you agree to be bound by the following limitations: ▪ This document has been prepared for information purposes only and is not an offer or invitation or recommendation to buy or sell any secur
Slide 3: Presentation Outline
STRUCTURE Presentation Outline 01 Highlights & 02 Execution & 03 Competition Overview Innovation 04 Order Pipeline 05 Financial 06 Sustainability, CSR & Outlook Performance & Recognitions 3
Slide 4: FY26: Strong Performance, New Initiatives and Sectoral Leadership
HIGHLIGHTS & OVERVIEW FY26: Strong Performance, New Initiatives and Sectoral Leadership Capex guidance : Exceeded Performance Capitalization guidance : Exceeded System Availability : Exceeded BESS project secured Solar generation plant commissioned Commissioning of world’s 765 kV digital substation
Slide 5: India's flagship power transmission utility
HIGHLIGHTS & OVERVIEW India's flagship power transmission utility India's largest ₹3 lakh crore+ 1,84,960 ckm 6,24,016 MVA Transmission utility Gross Fixed Assets Transmission lines Transformation capacity By assets, network length & revenue On consolidated basis 291 nos. substations 1,584 nos. line
Slide 6: Strong Market Position & Credit Profile
HIGHLIGHTS & OVERVIEW Strong Market Position & Credit Profile ₹2.75 lakh crore 51.34% 25.03% | 20.13% Market Cap Govt. of India shareholding FII/ DII Shareholding Stock part of BSE SENSEX & NIFTY A Maharatna CPSE CREDIT PROFILE DOMESTIC (Highest safety) I IN N T ETRE NRA TNI O ANTAILO N A L (At par
Slide 7: SPV Rationalization: Leaner Structure, Stronger Governance
HIGHLIGHTS & OVERVIEW SPV Rationalization: Leaner Structure, Stronger Governance SCHEMES A & B 17 SPVs merged into 2* other SPVs * POWERGRID Khavda II C Transmission Limited & POWERGRID Vataman Transmission Limited SCHEMES C & D 28 SPVs to be merged into 2# other SPVs - Process underway # POWERGRID
Slide 8: Execution led large-scale commissioning
EXECUTION & INNOVATION Execution led large-scale commissioning 4,765 ckm 72,055 MVA 9 nos. Transmission lines added 4,054 ckm in FY25 Transformation capacity 32,819 MVA in FY25 New substations 4 nos. in FY25 KEY T RANSM IS SIO N L INES SU B ST AT IO N S C O M M ISSIO N ED 765 kV Bhadla III - Sikar I
Slide 9: We Committed. We Delivered.
EXECUTION & INNOVATION We Committed. We Delivered. CAPEX CAPITALIZATION* Committed Delivered Committed Delivered ₹35,000 crore ₹39,967 crore ₹25,000 crore ₹28,206 crore 39,967 28,206 26,255 15,291 13,206 12,500 8,604 7,618 9,014 4,810 1,838 1,591 Q4 12M Q4 12M FY24 FY25 FY26 FY24 FY25 FY26 (₹ crore)
Slide 10: Sustained operating resilience
EXECUTION & INNOVATION Sustained operating resilience AVAILABILITY (%) ANNUAL TRIPPING PER LINE 99.83 99.82 99.85 99.82 99.84 99.75% 0.33 0.27 0.28 0.27 0.26 FY22 FY23 FY24 FY25 FY26 FY22 FY23 FY24 FY25 FY26 ENABLED BY AI-based defect detection Drone-based patrolling . Condition Monitoring . . Image
Slide 11: Asia's First Transformer With Synthetic Ester Oil
EXECUTION & INNOVATION Asia’s First Transformer With Synthetic Ester Oil KEY BENEFITS KEY BENEFITS 1 Replaces conventional mineral oil 2 Bio-degradable & fire-safe 3 Lower environmental footprint 315 MVA, 400/220 kV at HVDC Bhiwadi substation 11
Slide 12: India's First Insulated Cross-arms at 400 kV Voltage Level
EXECUTION & INNOVATION India’s First Insulated Cross-arms at 400 kV Voltage Level KEY K E Y BENEFITS BENEFITS Implemented on Maharanibagh - Narela line 1 ~20% reduction in Right-of-Way 2 Lower social and forest impact Deployment planned in 400 kV 3 Jhatikara -Dwarka line Insulated Cross-arm on Mahar
Slide 13: Indigenously developed 220 kV Mobile GIS for rapid restoration
EXECUTION & INNOVATION Indigenously developed 220 kV Mobile GIS for rapid restoration Actual picture – 220kV Mobile GIS Bay KEY BENEFITS Trailer-mounted, modular design Rapid deployment for emergencies Boosts grid resilience & uptime 132kV and 400kV under implementation 13
Slide 14: Battery Energy Storage System (BESS)
COMPETITION Battery Energy Storage System (BESS) MAIDEN BESS WIN · TBCB INTEGRATED ENERGY STORAGE SYSTEM Kalikiri, Andhra Pradesh CERC notified Regulations on 20-March-2026 to 150 MW / 300 MWh standalone BESS determine tariff for Integrated Energy Storage System by Transmission Service Provider ₹29.
Slide 15: Global Expansion
COMPETITION Global Expansion FIRST INTERNATIONAL TRANSMISSION PPP UGANDA OPPORTUNITY Kenya with Africa50 • PPP based transmission opportunities in Uganda First large project-financed transmission PPP in Africa 1st • Framework Agreement signed with Africa50 and Uganda ~$300 M Independent Transmission
Slide 16: FY26 TBCB outcomes
COMPETITION FY26 TBCB outcomes Total Projects in FY26 POWERGRID success ~ 44% Cumulative tariff market share across 28 9 all TBCB projects since inception TBCB wins (ISTS / InSTS projects) - ₹ Cr. (Annual Tariff) Sonbhadra PSP evacuation (UP) 328 SR-ER strengthening 312 NR-WR Vindhyachal corridor 32
Slide 17: Transmission Outlook - POWERGRID & Sector
ORDER PIPELINE & OUTLOOK Transmission Outlook - POWERGRID & Sector Total Outlook POWERGRID Works in Hand Bidding Pipeline Long Term Sectoral Opportunity (~ ₹1.7 lakh crore) (> ₹1.1 lakh crore) (> ₹15 lakh crore) Brahmaputra Under Bids to be CEA 900+ GW Basin Hydro OSOWOG TBCB RTM Plan opportunity Bi
Slide 18: ~₹1.70 lakh crore works in hand - multi-year visibility
ORDER PIPELINE & OUTLOOK ~ ₹1.70 lakh crore works in hand - multi-year visibility COMPOSITION TBCB ₹1,37,370 Cr. 81% RTM ₹28,931 Cr. 17% Other Business ₹4,217 Cr. 2% Smart Metering · Data Centre · Cross-border · Int’l · BESS Total works in hand# ₹1,70,518 Cr. 100% Pang - Kaithal HVDC: ₹22,942 Cr. (N
Slide 19: > ₹1.1 lakh crore bidding pipeline
ORDER PIPELINE & OUTLOOK > ₹1.1 lakh crore bidding pipeline UNDER BIDDING (A) TO BE FLOATED (B) TOTAL APPROVED COST (A+B) ₹1,05,334 crore ₹5,270 crore ₹1,10,604 crore Near-term opportunity COMPOSITION (UNDER BIDDING) MAJOR PROJECTS UNDER BIDDING* Inter-State (ISTS)* Rajasthan REZ Ph-IV (Part 5: 6 GW
Slide 20: Strategic drivers powering transmission investment cycle
ORDER PIPELINE & OUTLOOK Strategic drivers powering transmission investment cycle DOMESTIC GLOBAL 01 01 02 02 03 05 04 03 ANCHOR PROGRAM HYDRO POTENTIAL NEW DEMAND CENTRES GLOBAL INTEGRATION 900+ GW Non-Fossil Plan Brahmaputra Basin Hydro Data Centres & GH2 OSOWOG (Long Term) ~₹7.9 lakh crore ~₹6.4
Slide 21: Upcoming HVDCs - 22 nos. at various stages of bidding & planning
ORDER PIPELINE & OUTLOOK Upcoming HVDCs - 22 nos. at various stages of bidding & planning TOTAL HVDC SCHEMES ENVISAGED COMBINED HVDC CAPACITY 22 ~ 127 GW Under bidding and planning CEA 900+ GW HVDC Schemes 14 Brahmaputra Basin Outlook Hydro-linked HVDC corridors 6 Cross-border/ Undersea 2 • Barmer-I
Slide 22: Financial Performance (Consolidated)
FINANCIAL PERFORMANCE Financial Performance (Consolidated) Description Q4FY26 Q4FY25 Growth (%) FY26 FY25 Growth (%) Income Transmission Charges 10,820 11,650 (7) 43,962 44,018 - Consultancy Services 582 372 56 1,755 798 120 Telecom 264 254 4 1,015 976 4 Other Income 305 315 (3) 952 1,667 (43) Total
Slide 23: Financial Performance (Standalone)
FINANCIAL PERFORMANCE Financial Performance (Standalone) Description Q4FY26 Q4FY25 Growth (%) FY26 FY25 Growth (%) Income Transmission Charges 9,579 10,751 (11) 40,013 40,843 (2) Consultancy Services 392 232 69 891 588 52 Other Income 1,984 1,500 32 6,092 4,894 24 Total Income 11,955 12,483 (4) 46,9
Slide 24: Financial Performance
FINANCIAL PERFORMANCE Financial Performance Description Standalone Consolidated As on 31.03.26 As on 31.03.25 As on 31.03.26 As on 31.03.25 Gross Fixed Assets$ (₹ in crore) 2,75,736 2,64,205 3,20,334 2,90,715 Capital Work-in-Progress# (₹ in crore) 8,951 12,565 47,980 36,341 Debt (₹ in crore) 1,48,00
Slide 25: Other Key Financial Information
FINANCIAL PERFORMANCE Other Key Financial Information Description FY26 FY25 Income for previous periods (Consolidated) 617 426 Interest on differential tariff* 705 837 Interest from Subsidiaries & JVs* 3,350 2,139 Incentive (Consolidated) 664 485 Dividend from JVs* 145 114 Dividend from Subsidiaries
Slide 26: Strong Collections
FINANCIAL PERFORMANCE Strong Collections ₹40,201 Cr. ₹40,684 Cr. 101.20% Billing (Apr’25-Mar’26) Realization (Apr’25-Mar’26) Realization rate 26.38* FY24 1,711 3,084 4,795 20.31* FY25 1,336 2,052 3,388 10.66* FY26 1,731 1,174 2,905 < 45 days > 45 days 26 # Corresponding to total outstanding dues of
Slide 27: Telecom & Consultancy
FINANCIAL PERFORMANCE Telecom & Consultancy POWERGRID Teleservices Limited CONSULTANCY (PowerTel) Total Income# Revenue from Operation FY25 FY26 FY25 FY26 ₹1,128 Cr. ₹1,195 Cr. +5.9% YoY ₹799 Cr. ₹1,755 Cr. +120% YoY # On consolidated basis before elimination of inter-segment revenue Smart-meter bus
Slide 28: Sustained commitment to ESG
SUSTAINABILITY, CSR & RECOGNITIONS Sustained commitment to ESG ESG VISION - COMMITMENTS 50% of electricity consumption Zero Waste to Landfill status Net Zero Emissions Status by Net Water Positive by 2030 from RE by 2025 by 2030 2047 ~ 90% Waste diverted from Progressing towards our Achieved ~ 55% a
Slide 29: Transmitting Smiles through Corporate Social Responsibility
SUSTAINABILITY, CSR & RECOGNITIONS Transmitting Smiles through Corporate Social Responsibility Major thrust areas Healthcare & Nutrition PM Internship Skill Development & Employability Rural Development & Education & Women Environmental Sustainability Empowerment 29
Slide 30: Accolades - national and global
SUSTAINABILITY, CSR & RECOGNITIONS Accolades - national and global PRESIDENTIAL INSTITUTIONAL INDUSTRY SCOPE Eminence Award Ranked in first quadrant BW People L&D Excellence 2026 Conferred by Hon’ble President of India for International Transmission Asset Best Use of AI in Learning HR Management Man
Slide 31: Thank you
Thank you Investor Relations www.powergrid.in Actual picture - Monopole Towers
Power Grid Corporation of India — Investor Presentation (May 2026) on 6ix