New Delhi, May 21 -- Government-owned Maharatna' Public Sector company, Power Grid Corporation of India Ltd (POWERGRID) on Wednesday said that the company's estimated capex outlay will reach Rs 3,06,600 crore by 2032.

The capex outlay refers to the total amount of funds a company spends on projects or investments over a specific period. It also includes all expenses or expenditures related to operations, capital investments, or other financial commitments made by the company.

In its investor presentation, filed with the stock exchanges, the energy sector PSU said that its expected transmission business outlay by 2032 will be Rs 2,99,100 crore, while other businesses' outlay will be around Rs 7,500 crores.

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