Power Grid Corporation of India Limited (POWERGRID) has announced that its Board of Directors has approved an investment for the procurement of cold spare transformers and reactors, as approved in the 77th Northern Regional Power Committee (NRPC) meeting. The project has an estimated cost of ₹705.30 crore and is scheduled to be completed within 30 months from the date of investment approval.
The decision was taken during the Board meeting held on March 19, 2026, and the disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.
The company stated that the project will support operational readiness by maintaining cold spare transformers and reactors, which are essential for quick replacement during contingencies in the power transmission network.
The approval reflects POWERGRID’s continued focus on strengthening transmission infrastructure and enhancing system reliability across the national grid.
