Power Grid Share Price Target 2024-2030 Fundamentals & Quarterly Results

Power Grid Share Price Target 2024, 2025, 2026, 2027, 2028, 2029, 2030 Fundamentals & Quarterly Results – Power Grid Corporation of India Limited is largest electric power transmission company in India and a Maharatna Central Public Sector Utility. As on March 31, 2021 GoI’s stake was 51.34%. It was established in 1989 for EHVAC and HVDC transmission corridors.

When large power blocks are transported from power stations at the center and areas having extra power all the way to the utilities in regions covering both national and international boundaries, such an operation is done by the company. Ministry of Power, GoI has got the oversight role of the corporation.

Latest Update – The net profit of Power Grid Corporation of India Ltd for Q1 2024-2025 increased by 3.52% from the previous year to ₹3,723.92 Crores. However, on a quarter-on-quarter basis, Power Grid Corporation of India Ltd has reported a decrease of -10.62% in its net profits over the last three months.

Power Grid Overview

Power Grid is an electricity transmission utility that is a government owned Maharatna company. The company has the ownership and responsibility for maintaining networks of transmission lines used in the distribution of electric power, as well as implementing projects of power transmission. It also provides consultative, maintenance and operational services for transmission systems; smart grid and telecom services are among these too.

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Power Grid Business Profile

The company is also working on several projects of strategic importance, all of which are given to it by GoI on nomination basis. Power Grid Corporation of India is mainly involved in the planning, execution, operation and maintenance of ISFT, telecommunication services and consulting services.

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PGCIL Outlook

The company’s importance to India’s power sector cannot be overstated: not only does it command 85% of the national interstate transmission network, but it also carts off 45% of the all generated power in the country. If this capacity to execute projects is anything close to what we think then it follows that the company will continue being awarded key projects located in difficult terrains or those that are so intricate.

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EV charging infra

In encouraging e-mobility, the company has adopted Electric Vehicles (EV) for its own use and put up fast EV charging stations throughout the country. 11 fast charging points for electric vehicles were established during the year. Currently, POWERGRID has 16 EV charging locations in public spaces located at Delhi, Gurugram, Hyderabad, Ahmedabad, Bengaluru, Kochi & Kozhikode. Delhi, Bengaluru, Mysuru and Shillong are some of the places where there are ongoing efforts to construct 24 more public EV charging stations.

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The company POWERGRID is installing 11 electric car charging locations in Shillong on the second stage of FAME India plan. POWERGRID is in certain stage of talks with different Municipal Corporations, DISCOMs, Metro Rail Authorities etc., as injection of Energy Vehicle Charging Station within the country will require such expansion.

Clients & International Presence

Company has been involved in starting business branches in 21 countries located in Asia, Africa, CIS countries, and Asia-Pacific formally. Our mission is to provide consulting and project management services along with asset management solutions to multiple clients among them, state-owned power utilities as well as various multi-lateral funding agencies such as the world Bank & ADB,IFC or even government of India.

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Some local clients include various government agencies, like NHAI and departments, CPSEs, state, and private power utilities, and the Indian Railways as well as other government entities and state departments.

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Invit monetization

Powergrid makes money from TBCB assets using its registered InVit (powergrid infrastructure investment trust) so that other expansion projects can have access to capital. Assets worth Rs 7700 cr were monetized in 2021 by the company through 5 InvITs.

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Power Grid Fundamentals & Quarterly Results

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Power Grid Quarterly Results

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CAGR Report

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Power Grid Shareholding Pattern

Power Grid Share Price Target 2024-2030 Forecast

POWER GRID Share Price Target 2025

POWER GRID Share Price Target 2026

POWER GRID Share Price Target 2027

POWER GRID Share Price Target 2028

POWER GRID Share Price Target 2029

POWER GRID Share Price Target 2030

Official Website – powergrid.in