Power Grid Corporation of India Limited (POWERGRID) has commissioned the “Transmission Network Expansion in Gujarat to increase ATC from ISTS: Part-B” project aimed at strengthening transmission capacity in Gujarat. According to a stock exchange filing, the project achieved commercial operation with effect from May 13, 2026, while the Notification for Commercial Operation (DOCO) was received…
Toshiba Transmission & Distribution Systems (India) Private Limited (TTDI) has delivered an indigenously developed 132 kV mobile gas-insulated switchgear (m-GIS) system to Power Grid Corporation of India Limited (POWERGRID), expanding its portfolio of locally developed mobile substation solutions. The delivery marks the second indigenous product in TTDI’s mobile GIS portfolio and follows the launch of…
Four special purpose vehicles (SPVs) associated with power transmission projects changed ownership between May 29 and May 30, 2026, under the tariff-based competitive bidding (TBCB) framework. Power Grid Corporation of India Limited (POWERGRID) acquired Tumkur II RE Transmission Limited (TRETL) from PFC Consulting Limited, a wholly owned subsidiary of PFC, on May 29, 2026, for…
Power Grid Corporation of India Limited (POWERGRID) has announced the promotion of three Chief General Managers to the position of Executive Director (ED), classified as Senior Management Personnel one level below the Board of Directors, with effect from May 15, 2026. Shri Jiten Das has been appointed as Executive Director (CTUIL). He holds a Bachelor…
The Board of Directors of Power Grid Corporation of India Limited (POWERGRID) has approved a proposal to raise funds through an unsecured rupee term loan or line of credit of up to Rs 4,000 crore from State Bank of India (SBI). The decision was taken at a Board meeting held on Wednesday, April 30, 2026….
Power Grid Corporation of India Limited (POWERGRID) has approved procurement of cold spare transformers and reactors at an estimated cost of Rs 705.30 crore, according to a regulatory filing dated March 19, 2026. The approval was granted at a board meeting held on the same day and follows recommendations of the 77th Northern Regional Power…
Power Grid Corporation of India Limited (POWERGRID) has approved an expanded consolidation of its subsidiaries, with 28 wholly owned subsidiaries to be merged into two existing wholly owned entities. The decision was taken at a board meeting on March 19, 2026, replacing an earlier, smaller proposal. The consolidation programme began in December 2025, when the…
The Board of Directors of Power Grid Corporation of India Limited (POWERGRID) has approved several decisions during its meeting held on March 9, 2026, including a fund raising plan, investment in cybersecurity infrastructure, and an in-principle approval to divest its wholly owned subsidiary, Central Transmission Utility of India Limited (CTUIL). In a regulatory filing to…
Power Grid Corporation of India Limited (POWERGRID) has been declared the successful bidder for an intra-state transmission project in Maharashtra under the Tariff Based Competitive Bidding (TBCB) framework, the company informed exchanges today. The Letter of Intent (LoI) was received on February 11, 2026, for the project titled “Network Expansion scheme in Maharashtra for removal…
Power Grid Corporation of India Limited (POWERGRID) has informed the stock exchanges that it has promoted twelve senior officials to the position of Executive Director, effective 25 January 2026. The promoted officials are classified as Senior Management Personnel, one level below the Board. The appointments include Abhinav Verma, Executive Director for Rajasthan Projects; Vineeta Agarwal,…