New Delhi, Oct. 30 -- State-owned Power Grid Corporation of India expects its capital expenditure to exceed the Rs.40,000 crore invested in the previous financial year as it accelerates spending on transmission infrastructure to support India's growing electricity demand.

The expansion of renewable energy capacity, rapid urbanisation and rising electricity consumption from data centres are expected to create significant investment opportunities across the power transmission and electrical equipment sectors.

Power Grid Chairman Vamsi Rama Mohan Burra has urged domestic cable and wire manufacturers to expand production capacity, improve product quality and ensure timely execution of orders to meet the anticipated increase in demand.

"Las...