renewable energy PSU - newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra

Selection Process Initiated for SJVN and NTPC Green Energy Chiefs

Newsmantra — Thu, 18 Jun 2026 10:25:28 +0000

The Public Enterprises Selection Board has officially opened the selection process for two top leadership positions in India’s energy sector. Applications are now being invited for the post of Chairman and Managing Director of SJVN, alongside the Managing Director role at NTPC Green Energy. This dual recruitment drive signals a significant leadership transition aimed at steering both public sector undertakings through India’s evolving clean energy landscape.

The post Selection Process Initiated for SJVN and NTPC Green Energy Chiefs appeared first on newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra.

IREDA Honoured with Data Centre Excellence Award at PSU IT Awards 2026.

Newsmantra — Wed, 03 Jun 2026 06:08:16 +0000

NEW DELHI. The award was presented by Shri Anurag Singh Thakur, Member of Parliament, in the presence of Shri Kailashnath Adhikari, Managing Director of Governance Now. The recognition was received on behalf of IREDA by Shri Kuber Malhotra, General Manager (IT), along with senior officials of the organisation.

The post IREDA Honoured with Data Centre Excellence Award at PSU IT Awards 2026. appeared first on newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra.

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.

The post POWERGRID Crosses Rs 3 Trillion Asset Milestone appeared first on newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra.