National Grid (National Grid) Construction In Progress

: $0 Mil (As of Sep. 2023)

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National Grid's quarterly construction in progress increased from Sep. 2022 ($0 Mil) to Mar. 2023 ($8,204 Mil) but then declined from Mar. 2023 ($8,204 Mil) to Sep. 2023 ($0 Mil).

National Grid's annual construction in progress increased from Mar. 2021 ($7,241 Mil) to Mar. 2022 ($7,361 Mil) and increased from Mar. 2022 ($7,361 Mil) to Mar. 2023 ($8,204 Mil).

National Grid Construction In Progress Historical Data

The historical data trend for National Grid's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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National Grid Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Construction In Progress

6,652.17

5,904.70

7,241.33

7,361.00

8,203.88

National Grid Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Construction In Progress																6,998.63	7,361.00	-	8,203.88	-

National Grid Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

National Grid (National Grid) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » National Grid PLC (NYSE:NGG) » Definitions » Construction In Progress

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Traded in Other Exchanges

NGGTF:USA NGl:UK NG.:UK NNGF:Germany NNGF:Germany NNGF:Germany NNGD:Germany N1GG34:Brazil NGG:Argentina

Address

1-3 Strand, London, GBR, WC2N 5EH

Website

https://www.nationalgrid.com

National Grid owns and operates the electric transmission system in England and Wales. It sold the bulk of its U.K. gas transmission business in fiscal 2023 to fund the acquisition of PPL's U.K. power distribution assets. In the Northeastern United States, it serves electricity and gas customers combined in three states. It also owns regulated transmission and electricity generation in the United States, metering services, merchant transmission lines in the U.K., and the Grain (U.K.) liquefied natural gas facility.