Transformer supply chain constraints
Domestic transformer capacity (228,000 MVA) is insufficient vs demand (421,000 MVA in FY27), potentially delaying projects unless Chinese component imports are allowed.
Powergrid · Material risks, their source context, and severity in the latest available quarter.
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Risk intelligence
Domestic transformer capacity (228,000 MVA) is insufficient vs demand (421,000 MVA in FY27), potentially delaying projects unless Chinese component imports are allowed.
While new guidelines have helped, ROW remains a challenge in some states; execution depends on timely adoption by local authorities.
Two major HVDC projects (Barmer II-Srikakulam, Bikaner V-Begunia) may slip beyond FY27, impacting CapEx phasing.
Intrastate projects (e.g., Maharashtra, Karnataka) involve higher execution risks; management will bid selectively based on risk assessment.