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…

