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Date
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Announcement
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01-Jun-2023
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Power Grid Corporation of India announced that Vinod Kumar Singh (DIN: 08679313) has completed the tenure of Director (Personnel), POWERGRID on 31 May 2023 on attaining the age of superannuation.
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20-May-2023
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Power Grid Corporation of India announced that the Board of Directors of the Company at its meeting held on 19 May 2023, has recommended a Final dividend of Rs.4.75 per share (i.e.47.5%), subject to the approval of the shareholders.
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19-May-2023
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Power Grid Corporation of India announced that the committee of directors of the company accorded Investment Approval for “Capital Expenditure for procurement of Customer Premises Equipment (CPE) for augmentation of Telecom Access network for providing connectivity to new customers” at an estimated cost of Rs. 258.70 crore with a
commissioning schedule of 24 months from the date of award.
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18-May-2023
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Power Grid Corporation of India announced that Mohammad Afzal, Joint Secretary, Ministry of Power has ceased to be Govt. Nominee Director on the Board of the company w.e.f. 17 May 2023.
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10-May-2023
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Power Grid Corporation of India will hold a meeting of the Board of Directors of the Company on 19 May 2023.
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06-Apr-2023
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The Committee of Directors on Investment on Projects of Power Grid Corporation of India in its meeting held on 6 April 2023 has accorded Investment Approval for “Transmission System for evacuation of power from Rajasthan REZ Ph-IV (Part-1) [Bikaner complex]- Part-E” at an estimated cost of Rs. 146.66 crore scheduled to be commissioned by May, 2024.
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29-Mar-2023
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Power Grid Corporation of India pursuant to its selection as the successful bidder under Tariff Based Competitive Bidding, has on 28 March 2023 acquired “Bhadla Sikar Transmission” (BSTL), the Project SPV to establish “Transmission system strengthening scheme for evacuation of power from solar energy zones in Rajasthan (8.1 GW) under Phase-II
Part-E”, on build, own, operate and maintain (BOOM) basis from the Bid Process Coordinator - PFC Consulting.
The Transmission system comprises establishment of a new 765kV D/C Transmission lines passing through the state of Rajasthan and bays extension work. The transmission system is an Inter State Transmission System Project and is to be completed in 18 months.
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24-Mar-2023
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Power Grid Corporation of India has approved raising of Unsecured, Non-convertible, Non-cumulative, Redeemable, Taxable POWERGRID
Bonds-LXXII (72 nd) Issue 2022-23 on Private placement upto Rs. 600 crore by securitization of cashflows of 10 years i.e. till FY 2032-33 of its operational SPV viz. “POWERGRID NM Transmission (PNMTL)”.
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22-Mar-2023
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Power Grid Corporation of India will hold a meeting of the Board of Directors of the Company on 24 March 2023.
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09-Mar-2023
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Power Grid Corporation of India has approved raising of up to Rs 900 crore through issue of unsecured, non-convertible, non-cumulative, redeemable, Taxable POWERGRID Bonds-LXXI (71st) Issue 2022-23 on private placement basis by securitization of cashflows of 10 years i.e, till FY 2032-33 of its operational SPV viz., “POWERGRID Mithilanchal Transmission(PMTL)”.
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