POWERGRID shifts strategy to renewable evacuation, battery storage, and HVDC for next growth phase
By
Manish Kumar
Summary
Power Grid Corporation of India (POWERGRID) is pivoting its growth strategy beyond traditional transmission to focus on renewable energy evacuation, battery energy storage systems (BESS), HVDC networks, and overseas expansion. During its FY26 analysts' meeting, the company outlined how India's clean energy transition demands transmission infrastructure as critical as renewable generation itself, with green energy corridors and storage solutions driving the next decade of growth.
Source
Key quotes
· 3 pulledIndia's clean energy transition is entering a new phase where transmission infrastructure will be as critical as renewable energy generation itself.
The company laid out a strategy centred on renewable energy evacuation, battery energy storage systems (BESS), high-voltage direct current (HVDC) networks and overseas expansion.
Renewable energy to remain the biggest transmission growth driver.
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