{"id":151413,"date":"2026-07-15T12:38:50","date_gmt":"2026-07-15T07:08:50","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=151413"},"modified":"2026-07-15T12:38:52","modified_gmt":"2026-07-15T07:08:52","slug":"psu-stocks-strong-esg-ratings-expansion-capex-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/psu-stocks-strong-esg-ratings-expansion-capex-2026\/","title":{"rendered":"PSU Stocks With Strong ESG Ratings and Expansion Capex"},"content":{"rendered":"<div class=\"meta-block\"><\/div>\n<p style=\"border-left: 4px solid #1F4E79; background: #EBF3FB; padding: 10px 16px; font-style: italic;\"><em>NTPC, Power Grid and BEL combine sustained capex programmes with improving ESG disclosure and governance standards.<\/em><\/p>\n<p>NTPC, Power Grid Corporation and Bharat Electronics are among the PSU stocks with strong ESG ratings and expansion capex, combining sustainability credentials with continued growth investment across their respective power generation, transmission and defence electronics businesses.<\/p>\n<p>Institutional investors increasingly weigh environmental, social and governance factors alongside traditional financial metrics, and PSU stocks with strong ESG ratings and expansion capex demonstrate that sustainability improvement and growth investment are not mutually exclusive priorities.<\/p>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&amp;utm_medium=psu-esg-ratings-expansion-capex\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<p>This article examines NTPC, Power Grid and BEL as PSU stocks with strong ESG ratings and expansion capex, covering their sustainability initiatives and the risks of balancing ESG priorities with growth.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/psu-stocks-strong-esg-ratings-expansion-capex-2026\/#What_Are_PSU_Stocks_With_Strong_ESG_Ratings_and_Expansion_Capex\" title=\"What Are PSU Stocks With Strong ESG Ratings and Expansion Capex\">What Are PSU Stocks With Strong ESG Ratings and Expansion Capex<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/psu-stocks-strong-esg-ratings-expansion-capex-2026\/#Why_These_PSU_Stocks_Combine_Strong_ESG_With_Capex_Growth\" title=\"Why These PSU Stocks Combine Strong ESG With Capex Growth\">Why These PSU Stocks Combine Strong ESG With Capex Growth<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/psu-stocks-strong-esg-ratings-expansion-capex-2026\/#NTPC_Environmental_Profile_Improvement_With_Growth\" title=\"NTPC: Environmental Profile Improvement With Growth\">NTPC: Environmental Profile Improvement With Growth<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/psu-stocks-strong-esg-ratings-expansion-capex-2026\/#Power_Grid_Governance_Transparency_With_Capex_Growth\" title=\"Power Grid: Governance Transparency With Capex Growth\">Power Grid: Governance Transparency With Capex Growth<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/psu-stocks-strong-esg-ratings-expansion-capex-2026\/#BEL_Strategic_Sector_Governance_Standards\" title=\"BEL: Strategic Sector Governance Standards\">BEL: Strategic Sector Governance Standards<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/psu-stocks-strong-esg-ratings-expansion-capex-2026\/#Factors_Affecting_PSU_Stocks_With_Strong_ESG_Ratings_and_Expansion_Capex\" title=\"Factors Affecting PSU Stocks With Strong ESG Ratings and Expansion Capex\">Factors Affecting PSU Stocks With Strong ESG Ratings and Expansion Capex<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/psu-stocks-strong-esg-ratings-expansion-capex-2026\/#Benefits_of_Investing_in_PSU_Stocks_With_Strong_ESG_Ratings_and_Expansion_Capex\" title=\"Benefits of Investing in PSU Stocks With Strong ESG Ratings and Expansion Capex\">Benefits of Investing in PSU Stocks With Strong ESG Ratings and Expansion Capex<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/psu-stocks-strong-esg-ratings-expansion-capex-2026\/#Risks_of_Investing_in_PSU_Stocks_With_Strong_ESG_Ratings_and_Expansion_Capex\" title=\"Risks of Investing in PSU Stocks With Strong ESG Ratings and Expansion Capex\">Risks of Investing in PSU Stocks With Strong ESG Ratings and Expansion Capex<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/psu-stocks-strong-esg-ratings-expansion-capex-2026\/#How_to_Choose_PSU_Stocks_With_Strong_ESG_Ratings_and_Expansion_Capex\" title=\"How to Choose PSU Stocks With Strong ESG Ratings and Expansion Capex\">How to Choose PSU Stocks With Strong ESG Ratings and Expansion Capex<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/psu-stocks-strong-esg-ratings-expansion-capex-2026\/#How_to_Invest_in_PSU_Stocks_With_Strong_ESG_Ratings_and_Expansion_Capex\" title=\"How to Invest in PSU Stocks With Strong ESG Ratings and Expansion Capex\">How to Invest in PSU Stocks With Strong ESG Ratings and Expansion Capex<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/psu-stocks-strong-esg-ratings-expansion-capex-2026\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/psu-stocks-strong-esg-ratings-expansion-capex-2026\/#FAQs\" title=\"FAQs\">FAQs<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/psu-stocks-strong-esg-ratings-expansion-capex-2026\/#Which_PSU_stocks_combine_strong_ESG_ratings_with_expansion_capex\" title=\"Which PSU stocks combine strong ESG ratings with expansion capex?\">Which PSU stocks combine strong ESG ratings with expansion capex?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/psu-stocks-strong-esg-ratings-expansion-capex-2026\/#How_is_NTPC_improving_its_ESG_profile_alongside_growth\" title=\"How is NTPC improving its ESG profile alongside growth?\">How is NTPC improving its ESG profile alongside growth?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/psu-stocks-strong-esg-ratings-expansion-capex-2026\/#Why_does_Power_Grid_score_well_on_governance\" title=\"Why does Power Grid score well on governance?\">Why does Power Grid score well on governance?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/psu-stocks-strong-esg-ratings-expansion-capex-2026\/#What_governance_factors_support_BELs_ESG_standing\" title=\"What governance factors support BEL&#8217;s ESG standing?\">What governance factors support BEL&#8217;s ESG standing?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/psu-stocks-strong-esg-ratings-expansion-capex-2026\/#Do_ESG_considerations_conflict_with_growth_capex_for_these_PSUs\" title=\"Do ESG considerations conflict with growth capex for these PSUs?\">Do ESG considerations conflict with growth capex for these PSUs?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/psu-stocks-strong-esg-ratings-expansion-capex-2026\/#What_risks_apply_to_PSU_stocks_with_strong_ESG_ratings_and_expansion_capex\" title=\"What risks apply to PSU stocks with strong ESG ratings and expansion capex?\">What risks apply to PSU stocks with strong ESG ratings and expansion capex?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_Are_PSU_Stocks_With_Strong_ESG_Ratings_and_Expansion_Capex\"><\/span><strong>What Are PSU Stocks With Strong ESG Ratings and Expansion Capex<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>PSU stocks with strong ESG ratings and expansion capex are government-owned companies that combine favourable environmental, social and governance assessments with sustained capital expenditure programmes supporting business growth.<\/p>\n<p>This combination reflects a company&#8217;s ability to pursue growth investment while maintaining improving sustainability practices, governance transparency and social responsibility standards that institutional investors increasingly prioritise in allocation decisions.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_These_PSU_Stocks_Combine_Strong_ESG_With_Capex_Growth\"><\/span><strong>Why These PSU Stocks Combine Strong ESG With Capex Growth<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>NTPC&#8217;s renewable diversification, Power Grid&#8217;s transmission enablement role and BEL&#8217;s governance standards all illustrate how PSU stocks with strong ESG ratings and expansion capex can pursue sustainability improvement alongside continued business growth investment.<\/p>\n<ul>\n<li><strong>Renewable capacity diversification:<\/strong> Among PSU stocks with strong ESG ratings and expansion capex, NTPC&#8217;s shift toward renewable generation improves its environmental profile.<\/li>\n<li><strong>Essential infrastructure governance:<\/strong> Power Grid&#8217;s regulated business model provides transparent, predictable governance standards alongside its capex programme.<\/li>\n<li><strong>Defence sector governance standards:<\/strong> BEL&#8217;s PSU status and stock exchange listing requirements support transparent governance practices.<\/li>\n<li><strong>Government oversight benefits:<\/strong> PSU status often provides baseline governance and disclosure standards that support ESG assessment.<\/li>\n<\/ul>\n<table border=\"1\" cellspacing=\"0\" cellpadding=\"6\">\n<tbody>\n<tr>\n<th>Company<\/th>\n<th>CMP (Rs)<\/th>\n<th>ESG Strength Area<\/th>\n<th>Expansion Capex<\/th>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/user\/stocks\/ntpc\/ntpc-ltd-share-price-today\">NTPC Ltd<\/a><\/td>\n<td>344.55<\/td>\n<td>Renewable diversification, emissions reduction<\/td>\n<td>100 GW target by FY32<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/user\/stocks\/powergrid\/power-grid-corporation-of-india-ltd-share-price-today\">Power Grid Corporation<\/a><\/td>\n<td>282.90<\/td>\n<td>Governance transparency, clean energy enablement<\/td>\n<td>Rs 82,000 Cr FY27-28<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/user\/stocks\/bel\/bharat-electronics-ltd-share-price-today\">Bharat Electronics Ltd<\/a><\/td>\n<td>414.85<\/td>\n<td>Governance standards, strategic sector oversight<\/td>\n<td>Order book execution<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3><span class=\"ez-toc-section\" id=\"NTPC_Environmental_Profile_Improvement_With_Growth\"><\/span><strong>NTPC: Environmental Profile Improvement With Growth<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>NTPC is among the PSU stocks with strong ESG ratings and expansion capex, improving its environmental profile through renewable and nuclear diversification while continuing to pursue its 100 GW capacity target by FY32, demonstrating growth and sustainability can align.<\/p>\n<p>The company&#8217;s separately listed NTPC Green Energy subsidiary provides a transparent, dedicated vehicle for tracking renewable capacity growth, supporting improved environmental assessment alongside NTPC&#8217;s broader capex programme.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Power_Grid_Governance_Transparency_With_Capex_Growth\"><\/span><strong>Power Grid: Governance Transparency With Capex Growth<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Power Grid Corporation is among the PSU stocks with strong ESG ratings and expansion capex, benefiting from its regulated-return business model that provides transparent, predictable governance standards alongside its Rs 82,000 crore FY27-28 capex plan.<\/p>\n<p>The company&#8217;s essential role enabling clean energy transmission also supports a positive environmental narrative, complementing its governance strengths as a well-established, transparently regulated PSU.<\/p>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/sebi-registered-investment-advisor-india\"><strong>Get SEBI-Registered Research on ESG-Focused PSU Stocks<\/strong><\/a><\/p>\n<h3><span class=\"ez-toc-section\" id=\"BEL_Strategic_Sector_Governance_Standards\"><\/span><strong>BEL: Strategic Sector Governance Standards<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Bharat Electronics rounds out the PSU stocks with strong ESG ratings and expansion capex, maintaining governance standards appropriate for a strategically important defence sector PSU while continuing to execute its Rs 74,000 crore order book.<\/p>\n<p>As a government-owned company operating in a sensitive strategic sector, BEL&#8217;s governance and disclosure practices support institutional investor confidence alongside its consistent order book execution and margin improvement.<\/p>\n<p style=\"margin-top: 24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&amp;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track NTPC, Power Grid and BEL live prices.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Factors_Affecting_PSU_Stocks_With_Strong_ESG_Ratings_and_Expansion_Capex\"><\/span><strong>Factors Affecting PSU Stocks With Strong ESG Ratings and Expansion Capex<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>Environmental disclosure quality:<\/strong> The comprehensiveness and transparency of environmental impact disclosure affects ESG assessment quality.<\/li>\n<li><strong>Governance transparency standards:<\/strong> PSU status often provides baseline governance disclosure requirements supporting institutional investor confidence.<\/li>\n<li><strong>Capex execution alongside sustainability goals:<\/strong> Balancing growth investment with sustainability commitments requires careful capital allocation.<\/li>\n<li><strong>Social responsibility initiatives:<\/strong> Community and employee-related initiatives contribute to the social component of ESG assessment.<\/li>\n<li><strong>Regulatory ESG disclosure requirements:<\/strong> Evolving SEBI and regulatory ESG disclosure requirements affect reporting standards across listed PSUs.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Benefits_of_Investing_in_PSU_Stocks_With_Strong_ESG_Ratings_and_Expansion_Capex\"><\/span><strong>Benefits of Investing in PSU Stocks With Strong ESG Ratings and Expansion Capex<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>Institutional investor appeal:<\/strong> PSU stocks with strong ESG ratings and expansion capex can broaden the institutional investor base interested in these names.<\/li>\n<li><strong>Sustainable growth combination:<\/strong> These companies demonstrate that growth investment and sustainability improvement are not mutually exclusive.<\/li>\n<li><strong>Governance transparency confidence:<\/strong> PSU status combined with strong governance practices supports investor confidence in disclosure quality.<\/li>\n<li><strong>Long-term risk mitigation:<\/strong> Strong ESG practices can help mitigate long-term regulatory, reputational and environmental risks.<\/li>\n<li><strong>Alignment with global capital flows:<\/strong> Strong ESG credentials align with growing global capital allocation toward sustainability-focused investments.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Risks_of_Investing_in_PSU_Stocks_With_Strong_ESG_Ratings_and_Expansion_Capex\"><\/span><strong>Risks of Investing in PSU Stocks With Strong ESG Ratings and Expansion Capex<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>ESG rating methodology variability:<\/strong> Different ESG rating providers can arrive at different assessments, creating some inconsistency in evaluation.<\/li>\n<li><strong>Greenwashing perception risk:<\/strong> Companies need to ensure sustainability claims are substantively backed by genuine operational changes.<\/li>\n<li><strong>Capex execution risk:<\/strong> Balancing growth investment with sustainability commitments still carries standard execution risk.<\/li>\n<li><strong>Regulatory ESG requirement evolution:<\/strong> Changing ESG disclosure requirements could require additional compliance investment over time.<\/li>\n<li><strong>Trade-off complexity:<\/strong> Some capex decisions may involve genuine trade-offs between short-term growth and longer-term sustainability goals.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Choose_PSU_Stocks_With_Strong_ESG_Ratings_and_Expansion_Capex\"><\/span><strong>How to Choose PSU Stocks With Strong ESG Ratings and Expansion Capex<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li>Review specific ESG rating methodology and underlying data quality for each company.<\/li>\n<li>Assess whether sustainability claims are backed by substantive operational and capex evidence.<\/li>\n<li>Consider governance transparency standards alongside environmental and social factors.<\/li>\n<li>Track capex execution progress to confirm growth investment continues alongside ESG improvement.<\/li>\n<li>Evaluate long-term risk mitigation benefits from strong ESG practices for each company.<\/li>\n<\/ol>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Invest_in_PSU_Stocks_With_Strong_ESG_Ratings_and_Expansion_Capex\"><\/span><strong>How to Invest in PSU Stocks With Strong ESG Ratings and Expansion Capex<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li>Use the Univest platform to track ESG disclosure and capex execution for these PSU stocks.<\/li>\n<li>Open a demat and trading account with Univest for zero-brokerage execution.<\/li>\n<li>Track quarterly results and sustainability initiatives for NTPC, Power Grid and BEL through the Univest app.<\/li>\n<li>Consult a SEBI-registered advisor before allocating capital based on ESG considerations alongside fundamentals.<\/li>\n<li>Review positions periodically as ESG disclosure standards and capex execution progress evolve.<\/li>\n<\/ol>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>NTPC, Power Grid Corporation and Bharat Electronics remain the clearest PSU stocks with strong ESG ratings and expansion capex, combining sustainability credentials with continued growth investment across their respective sectors. Historically, this combination has appealed to institutional investors weighing both financial and sustainability considerations, though ESG rating methodology variability remains an important factor to understand. Consult a SEBI-registered advisor before making investment decisions.<\/p>\n<div style=\"background: #CC0000; border-radius: 8px; padding: 16px 20px; margin: 24px 0;\">\n<p style=\"color: #ffffff; font-size: 13px; line-height: 1.7; margin: 0;\"><strong style=\"color: #ffffff;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"FAQs\"><\/span><strong>FAQs<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Which_PSU_stocks_combine_strong_ESG_ratings_with_expansion_capex\"><\/span><strong>Which PSU stocks combine strong ESG ratings with expansion capex?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> NTPC, Power Grid Corporation and Bharat Electronics are among the PSU stocks with strong ESG ratings and expansion capex.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_is_NTPC_improving_its_ESG_profile_alongside_growth\"><\/span><strong>How is NTPC improving its ESG profile alongside growth?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> NTPC, among PSU stocks with strong ESG ratings and expansion capex, is improving its environmental profile through renewable and nuclear diversification while pursuing its 100 GW capacity target.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_does_Power_Grid_score_well_on_governance\"><\/span><strong>Why does Power Grid score well on governance?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Power Grid, one of the PSU stocks with strong ESG ratings and expansion capex, benefits from its regulated-return business model providing transparent, predictable governance standards.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_governance_factors_support_BELs_ESG_standing\"><\/span><strong>What governance factors support BEL&#8217;s ESG standing?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> BEL, among PSU stocks with strong ESG ratings and expansion capex, maintains governance standards appropriate for its strategically important defence sector PSU status.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Do_ESG_considerations_conflict_with_growth_capex_for_these_PSUs\"><\/span><strong>Do ESG considerations conflict with growth capex for these PSUs?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> No, PSU stocks with strong ESG ratings and expansion capex demonstrate that growth investment and sustainability improvement can align rather than conflict.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_risks_apply_to_PSU_stocks_with_strong_ESG_ratings_and_expansion_capex\"><\/span><strong>What risks apply to PSU stocks with strong ESG ratings and expansion capex?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Key risks include ESG rating methodology variability, greenwashing perception risk, and standard capex execution risk.<\/p>\n<div class=\"faq-schema\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>PSU stocks with strong ESG ratings and expansion capex, NTPC, Power Grid 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