Power Grid buys INR 39.16 crore projects. Power Grid stock spans INR 244.65 to INR 324.95

Published on 10/15/2026 at 11:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The October 12, 2026 deals add 6,500 MW of renewable links. Power Grid stock had a 52-week low of INR 244.65 on October 8, 2026.

Transmission projects expand the pipeline

Power Grid completed two acquisitions totaling INR 39.16 crore on October 12, 2026.
First-quarter fiscal 2027 revenue reached INR 11,496.72 crore, while net profit was INR 3,598.42 crore.
Power Grid stock closed at INR 248.95 on October 14, 2026, within an INR 244.65 to INR 324.95 52-week range.

Power Grid, INE752E01010, Illustration mit AI erstellt.

Power Grid Corporation of India (INE752E01010) completed two acquisitions totaling INR 39.16 crore on October 12, 2026, expanding its renewable transmission project pipeline. According to Yahoo Finance, the company took full ownership of two special purpose vehicles linked to renewable energy zones in Gujarat and Maharashtra.

Three project milestones since September

On September 3, 2026, Power Grid won a 7,500 MW Lakadia renewable-energy transmission project with annual transmission charges of INR 1,152.49 crore, according to Sahi. On October 5, 2026, a 2,500 MW Bidar solar transmission scheme entered commercial operation, as reported by TradeBrains. The October 12 acquisitions form the latest step in that sequence.

What does the pipeline add?

The two project vehicles connect renewable capacity totaling 6,500 MW and will build substations and high-voltage lines. The immediate financial contribution is limited because the assets must secure transmission licenses and regulatory approval for their charges before commercial operation.

Power Grid's first-quarter fiscal 2027 consolidated revenue was INR 11,496.72 crore, up 2.68 percent from INR 11,196.22 crore a year earlier. Consolidated net profit fell 0.89 percent year over year to INR 3,598.42 crore from INR 3,630.58 crore, while basic earnings per share declined 0.77 percent to INR 3.87, according to TradeBrains. The figures put execution and financing alongside revenue growth as the central investor questions.

NSE quote and yearly range

Power Grid closed at INR 248.95 on the NSE on October 14, 2026. The same quote page lists an INR 244.65 52-week low from October 8, 2026 and an INR 324.95 high from April 27, 2026, leaving the new project awards as an operating-development story rather than a reported earnings event.