# POWERGRID posts ₹3,598 crore Q1 PAT, gets JBIC loan 2026-08-07T13:44:00+00:00 | Governance | Indian Opinion Desk Corroboration: 1 independent outlet State-run Power Grid Corporation reported a consolidated profit after tax of ₹3,598 crore for the first quarter of FY2026-27, with total income of ₹11,697 crore. The company incurred capital expenditure of ₹7,765 crore in the quarter and capitalised assets worth ₹5,277 crore. It operates 1,86,595 circuit km of transmission lines and achieved average system availability of 99.80%. During the quarter, POWERGRID secured a ¥80 billion loan from the Japan Bank for International Cooperation to finance the Khavda-Nagpur HVDC transmission project. The company also won five transmission projects under tariff-based competitive bidding and, in July 2026, India's first synchronous condenser project to support renewable energy integration. ## Coverage - hindustantimes.com This story was synthesised by AI from the source linked above. Tags: capital expenditure, JBIC loan, Khavda-Nagpur, POWERGRID, Q1 results, transmission projects Canonical: https://indianopinion.org/powergrid-posts-rs3598-crore-q1-pat-gets-jbic-loan/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/powergrid-posts-rs3598-crore-q1-pat-gets-jbic-loan/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes. How this brief was made: an AI model read the report linked above and wrote this summary and analysis, which were published automatically. Published briefs are sampled every hour by an automated quality check; the editor verifies its findings and approves corrections, and corrected briefs carry a dated correction line. We do no original reporting. Methodology: https://indianopinion.org/ai-use-policy/