Power Grid raises FY26 capex to Rs 35,000 crore, exceeds target
Power Grid Corporation of India (PGCIL) has increased its capital expenditure (capex) guidance for FY26 to Rs 35,000 crore and has already surpassed the target, reporting actual capex of Rs 35,540 crore as of March 22, 2026, or about 102% of the revised estimate. The company had initially set a capex target of Rs 28,000 crore at the start of FY26. This was revised to Rs 32,000 crore in February 2026 and further raised to…