KSEB Approves ₹64.78 Billion Capital Investment for FY 2026-27, Focusing on Power Generation and Transmission
The Kerala State Electricity Board (KSEB) has approved a capital investment of ₹64.78 billion for the fiscal year 2026-27, up from ₹47.89 billion in the previous year. The budget focuses on power generation, transmission, and infrastructure projects, with significant allocations for hydropower initiatives and transmission upgrades, including ₹11.75 billion for transmission infrastructure and ₹8.49 billion for generation. The investment is contingent upon the release of government funds and adheres to regulatory requirements for competitive bidding on large projects.
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The Kerala State Electricity Board (KSEB) has approved a capital investment of ₹64.78 billion (~$721.75 million) for the fiscal year 2026-27, an increase from ₹47.89 billion (~$533.62 million) for 2025-26. The budget includes allocations for power generation, transmission, distribution, IT systems, and infrastructure projects, subject to government fund release.
The generation segment is allocated ₹8.49 billion (~$94.5 million), primarily for hydropower projects such as Mankulam and Thottiyar. Thermal generation will receive ₹30 million (~$334,000), and ₹2.80 billion (~$31.1 million) is set for renovating existing hydel stations.
KSEB has also allocated ₹11.75 billion (~$130.7 million) for transmission infrastructure, with ₹5.99 billion (~$66.6 million) for TransGrid 2.0 projects. The Kerala State Electricity Regulatory Commission mandates that intrastate projects over ₹2.5 billion (~$28.2 million) must use tariff-based competitive bidding.
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