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NTPC CMD Gurdeep Singh Gets Additional Charge as DVC Chairman.

Newsmantra — Fri, 05 Jun 2026 06:10:56 +0000

KOLKATA. Shri Gurdeep Singh, CMD of NTPC, has been given additional charge as Chairman of Damodar Valley Corporation (DVC) effective June 1, 2026. He visited DVC Headquarters in Kolkata and reviewed operations.During the visit, Shri Singh interacted with DVC senior management to understand ongoing initiatives and the future roadmap of the organisation. Key discussions focused on power generation, transmission systems, and operational efficiency. He also met representatives of employees’ unions, who extended their greetings on his assumption of additional charge.

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POWERGRID Leadership Connects with Market Analysts in Mumbai

Newsmantra — Thu, 21 May 2026 10:46:45 +0000

MUMBAI. The senior leadership team of Power Grid Corporation of India Limited (POWERGRID) recently hosted a major interactive session with market analysts and investment experts in Mumbai. Led by Chairman and Managing Director Vamsi Rama Mohan Burra, the meeting included key directors covering finance, personnel, and operations. The top management used this platform to share detailed insights into the company’s recent operational achievements, strong financial health, future capital expenditure plans, and upcoming power transmission projects across the country.

This high-level interaction highlights POWERGRID’s ongoing commitment to corporate transparency and active investor engagement. By providing financial experts with a clear view of the company’s long-term strategy and execution plans, the session successfully strengthened market confidence. The participating analysts gained a deeper understanding of POWERGRID’s evolving and crucial role in expanding India’s power transmission sector and creating steady value for its stakeholders.

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POWERGRID appoints Shri Gyaneshwar Prasad Payasi and Shri Pradeep Kumar as Executive Director

Newsmantra — Thu, 02 Apr 2026 12:33:42 +0000

NEW DELHI. POWERGRID,apointed Shri Gyaneshwar Prasad Payasi and Shri Pradeep Kumar as Executive Director . Shri Gyaneshwar Prasad Payasi, now Executive Director of the CMD-Coordination Cell, brings over 30 years of extensive experience in project execution, PESM, CMD coordination, TBCB, and asset management. A BE and ME graduate from IIT Roorkee and PGDM from MDI Gurgaon, he has successfully led major strategic assignments including power evacuation projects in Rajasthan and asset monetization initiatives.

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POWERGRID Officials Visit Power Pavilion at India Energy Week 2026

Newsmantra — Mon, 02 Feb 2026 08:07:10 +0000

PANJI. Dr. Yatindra Dwivedi, Director (Personnel), Shri Naveen Srivastava, Director (Operations), and Shri Vibhay Kumar, Executive Director (WR-I), POWERGRID, during their visit to the Ministry of Power Pavilion at India Energy Week 2026 in Goa, where POWERGRID showcased its technological capabilities, sustainability initiatives, and the upcoming Bharat Electricity Summit 2026 to be held at Yashobhoomi, Delhi, from March 19 to 22.

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POWERGRID Crosses Rs 3 Trillion Asset Milestone

Newsmantra — Mon, 02 Feb 2026 07:56:40 +0000

NEW DELHI. Power Grid Corporation of India Limited has reported robust financial performance for the third quarter of FY26, with consolidated profit after tax rising to Rs.4,185 crore and total income reaching Rs.12,599 crore. On a standalone basis, the Maharatna PSU recorded a PAT of Rs.4,160 crore and total income of Rs.12,436 crore, reflecting a year-on-year growth of about 7 percent. For the nine months ended December 31, 2025, consolidated PAT stood at Rs.11,382 crore with total income of Rs.35,714 crore.

The company’s board has declared a second interim dividend of ?3.25 per equity share, taking the total interim dividend for FY26 to Rs.7.75 per share, including the first interim dividend of Rs.4.50 per share. POWERGRID incurred a capital expenditure of Rs.26,761 crore during the first nine months of FY26 and capitalised assets worth Rs.12,915 crore on a consolidated basis. Its gross fixed assets, including gross lease receivables, rose to Rs.3.04 lakh crore as on December 31, 2025, crossing the Rs.3 trillion mark for the first time, while works in hand stood at around Rs.1.45 lakh crore by the end of January 2026.

Operationally, POWERGRID continued to expand its footprint, securing its first battery energy storage system project at Kalikiri in Andhra Pradesh under the build-own-operate model through the tariff-based competitive bidding route. As of January 29, 2026, the company and its subsidiaries operated 1.83 lakh circuit kilometres of transmission lines, 287 substations and nearly 6 lakh MVA of transformation capacity, maintaining an average system availability of 99.84 percent during the nine-month period. In line with its sustainability goals, the company met 50 percent of its power consumption from renewable sources and commissioned Asia’s first 315 MVA, 400/220 kV synthetic ester oil-filled transformer at its HVDC Bhiwadi substation.

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POWERGRID achieved Excellent Rating

Newsmantra — Tue, 13 Jan 2026 06:10:48 +0000

NEW DELHI. POWERGRID has once again achieved an ‘Excellent’ rating (score of 93.88) in the Memorandum of Understanding (MoU), signed with the Ministry of Power, Government of India for FY 2024-25. The company has maintained this ‘Excellent’ rating consistently since its first MoU in FY 1993–94, reflecting its unwavering commitment to operational excellence .

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