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…
Atlanta Electricals Limited has secured an order worth approximately Rs 190 crores from Rajasthan Rajya Vidyut Prasaran Nigam Limited (RVPN), the state’s power transmission utility, for the supply of power transformers and associated fire protection systems. The contract covers 53 units of 50 MVA, 132/33 KV power transformers, along with 53 Nitrogen Injection Fire Prevention…
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 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…
Bajel Projects Limited announced its financial results for the third quarter and nine-month period ended December 31, 2025, reporting a sharp improvement in profitability. The company said the expansion in margins was driven by a strategic shift toward higher value and more complex power transmission projects. For the nine-month period of FY26, Bajel Projects Limited…
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,…
The Indian government is considering various incentive options, including a production-linked incentive (PLI) scheme, to localise equipment for the power transmission sector, according to Union Power Secretary Pankaj Agarwal. Speaking at a Central Electricity Authority (CEA) event, Agarwal encouraged industry stakeholders to explore ways to localise the supply chain for transmission equipment. At the same…