The Ministry of Power has appointed Smt. Anita Soren as Non-official Director (Independent Director) on the Board of POWERGRID Unchahar Transmission Limited (PUTL) for a period of three years. PUTL serves as the Investment Manager to powergrid infrastructure . The appointment is effective from the date of notification of her appointment or until further orders, whichever is earlier.

The appointment was conveyed via order No. 25-11/23/2019-PG dated July 6, 2026. PUTL is a wholly owned subsidiary of Power Grid Corporation of India Limited. The company is currently undertaking the necessary actions to complete the statutory formalities regarding the appointment.

Requisite details regarding the completion of these formalities will be informed in due course. The information was submitted to the National Stock Exchange of India Limited and BSE Limited by Shwetank Kumar, Company Secretary & Compliance Officer of POWERGRID Unchahar Transmission Limited.

POWERGRID has acquired a Special Purpose Vehicle (SPV) designated for a transmission project linking the Western Region (WR) and Eastern Region (ER) of India's power grid, secured through the Tariff Based Competitive Bidding (TBCB) route. This development highlights the company's ongoing efforts to strengthen inter-regional electricity transmission infrastructure across the country.

Acquisition of SPV for WR-ER Transmission Project

powergrid infrastructure 's acquisition of the SPV is aligned with the TBCB framework, a competitive mechanism used by the Indian government to award inter-state transmission system projects to private and public sector entities. Under this route, project developers bid on a tariff basis, with the lowest bidder awarded the right to develop, own, and operate the transmission asset.

The key details of this acquisition are outlined below:

Strategic Significance

The acquisition of an SPV through the TBCB route is a standard structural approach in India's transmission sector, where a dedicated legal entity is established to develop and operate a specific transmission asset. By acquiring this SPV, POWERGRID gains direct ownership and operational responsibility for the associated WR-ER transmission infrastructure.

Inter-regional transmission corridors such as the WR-ER link play a critical role in enabling the flow of electricity between regions with varying demand and supply profiles, contributing to grid stability and efficient power distribution across India's national grid.