Power Grid Corporation of India Management Change
Power Grid promoted Shri Sunil Kumar to Executive Director (Senior Management) effective June 1, 2026. Kumar brings three decades of internal expertise in power grid management.
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Power Grid promoted Shri Sunil Kumar to Executive Director (Senior Management) effective June 1, 2026. Kumar brings three decades of internal expertise in power grid management.
Shri Mohammad Quamrul Huda has retired as Executive Director of Power Grid Corporation of India effective May 31, 2026. This superannuation marks a routine senior management transition.
Power Grid Corporation completed the full redemption of its Series XXXV NCDs. The company paid ₹178.85 Crore, covering both principal and annual interest obligations.
POWERGRID acquired Tumkur II RE Transmission Limited for ₹15.46 Crore via competitive bidding. The acquisition expands its power transmission footprint in Karnataka through a BOOT project.
Power Grid Corporation submitted its FY 2025-26 Annual Secretarial Compliance Report. The auditor confirmed general compliance despite historical governance deviations regarding board composition.
POWERGRID received non-compliance notices from BSE and NSE regarding Board composition, resulting in a ₹0.11 Crore fine. The company has requested a waiver from the exchanges.
Power Grid announced the ₹333.13 Crore redemption and interest payment for its 9.30% Bond XL Issue. The record date is June 13, 2026.
Power Grid Corporation fixed June 4, 2026, as the record date for interest payments on its 7.30% LIX bonds. Payments are due June 19, 2026.
Power Grid Corporation of India released ₹81.98 Crore in interest payments for its 8.40% Bond L Issue. The timely disbursement confirms stable debt service capabilities.
Power Grid Corporation confirmed timely payment of ₹20.50 Crore interest and ₹244.00 Crore principal for its Bond L series. This successful redemption strengthens its credit profile.
Power Grid (FY26) reported record gross fixed assets exceeding ₹3 lakh crore. Management highlighted a major shift toward TBCB projects (81% of work-in-hand) and successful commissioning of the world's first 765 kV digital substation.
Power Grid Corporation of India released ₹322.47 Crore for bond interest and principal redemption. The timely payment reinforces the company's strong debt servicing capabilities.
Power Grid remains the dominant transmission utility, pivoting from RTM to TBCB while leveraging massive national energy transition targets through FY26-FY27.
POWERGRID delivered strong FY26 performance, exceeding its own Capex and Capitalization guidance. The company is pivoting toward large-scale HVDC projects and international expansion (Kenya/Uganda) to sustain leadership in India's power backbone.
Power Grid Corporation recommended a final dividend of ₹0.125 per equity share for FY 2025-26. This reflects the company's commitment to consistent shareholder returns.
Power Grid promoted Shri Jiten Das, Rajiv Gandhi, and Sanjay Kumar Gupta to Executive Directors. These senior leadership changes take effect from May 15, 2026.
Smt. Sajal Jha completed her tenure as Independent Director at Power Grid Corporation on May 15, 2026. This administrative change follows a Ministry of Power order.
POWERGRID completed ₹79.78 Crore in interest payments and partial redemption for its 7.40% Bond LXX Issue. The timely servicing of these NCDs maintains financial credibility.