POWERGRID reports H1 capex of 16,864 crore and approves ₹3 interim dividend
POWERGRID reported H1 FY2026 capex of ₹16,864 crore, approved a ₹3 interim dividend and agreed to sell its CTUIL stake to GRID-INDIA, per a TradingView summary.
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what happened
POWERGRID spent 16,864 crore rupees on capital projects in the first half of FY2026 and capitalized 9,300 crore rupees of assets. Gross fixed assets reached 3,29,852 crore as of 30 September 2026, according to a TradingView summary that warns its AI-generated text may contain errors.
The company approved an interim dividend of ₹3 per share. The record date is 6 November 2026 and the payout is scheduled for 30 November 2026.
POWERGRID also agreed to sell its entire stake in CTUIL to GRID-INDIA. The initial price is 73.46 crore rupees, with the final figure subject to a valuation true-up, and the transaction is expected to close within three months.
why it matters
For markets this is a routine update: the dividend is modest and the initial CTUIL sale price is small, so the deal alone is unlikely to move the sector. Investors usually focus on the record date, which determines who receives the payout, and on the final deal price once the valuation is settled. The figures come from an automated summary, so they should be checked against the company's filings.
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instruments
sources
- Key facts: POWERGRID capex ₹16,864cr; ₹3 div; CTUIL sale to GRID-INDIA — TradingView, 2 November 2026 at 02:00 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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