capital expenditure

  • India | Finance | News

    POWERGRID approves Rs 914 crore capex for cold spare equipment

    Power Grid Corporation of India Limited (POWERGRID) announced on 20 January 2026 that its Committee of Directors on Investment on Projects has approved three capital expenditure proposals for procuring cold spare transformers and reactors. The combined estimated cost of the approvals is about Rs 914 crore. The approvals cover three separate procurement packages, each with an implementation period of 30 months from the date of investment approval. The first relates to procurement sanctioned by the…

  • India | Finance | News

    KSEBL approves Rs 648 crore capex plan

    The Kerala State Electricity Board Limited (KSEBL) has approved a capital expenditure plan of Rs 647.8 crore for the 2026-27 financial year. The plan focuses on strengthening transmission and distribution networks, supporting energy storage development, and expanding smart metering and electric vehicle charging infrastructure. KSEBL has allocated Rs 117.5 crore for transmission works and Rs 166.9 crore for distribution upgrades. Within the transmission segment, Rs 598.75 crore has been assigned to the ongoing TransGrid 2.0…