Power Grid Corporation of India Ltd sees ED Vibhay Kumar step down

0 min read | Published on 31 Aug 2026, 09:01 PM |Updated on 31 Aug 2026, 09:01 PM

Reviewed by

Riya DScanX News Team

Add as a preferred
source on Google

Key Highlights

Vibhay Kumar ceased to be Executive Director on August 31, 2026
Departure attributed to attaining age of superannuation
Disclosure made under Regulation 30 of SEBI LODR Regulations
Role classified as Senior Management Personnel below Board level

*this image is generated using AI for illustrative purposes only.

Power Grid Corporation of India Ltd announced that Executive Director Vibhay Kumar has ceased to hold his position on August 31, 2026. The departure follows his attaining the age of superannuation.

The company disclosed the change in senior management under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Vibhay Kumar served as an Executive Director, a role classified as Senior Management Personnel one level below the Board of Directors.

The intimation was issued to both the National Stock Exchange of India Limited and BSE Limited. Anjana Luthra, Company Secretary and Compliance Officer, signed the disclosure on August 31, 2026.

Historical Stock Returns for Power Grid Corporation of India

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.94%	-3.25%	-7.62%	-11.75%	-3.97%	0.0%

Who has been appointed or nominated as the successor to Vibhay Kumar, and what is their strategic vision for the company?

How might this leadership transition impact Power Grid's ongoing high-voltage direct current (HVDC) projects and infrastructure expansion plans?

Are there expected changes in the company's dividend policy or capital allocation strategy under the new senior management structure?

Power Grid Corporation of India

View Company Insights

View All News

Heatwave pushes India's power demand to record 271 GW

0 min read | Published on 31 Aug 2026, 09:10 AM |Updated on 31 Aug 2026, 09:10 AM

Reviewed by

Ritika DScanX News Team

Add as a preferred
source on Google

Key Highlights

India's power demand hit a record 271 GW amid an intense heatwave
Gas-based power plants provided critical grid stability during nighttime hours
Solar generation's absence after sunset increased reliance on dispatchable gas capacity
The record demand reflects significant stress on the national power grid

*this image is generated using AI for illustrative purposes only.

A heatwave drove India's power demand to a record 271 GW, with gas-based power plants stepping in to provide grid stability during nighttime hours, according to a newspaper report.

Gas plants' role in grid stability

As solar generation ceases after sunset, gas plants have emerged as a critical source of dispatchable power to meet the elevated demand driven by the heatwave. The record peak demand of 271 GW underscores the stress placed on the national grid during extreme weather conditions.

Record demand and grid pressure

The surge in power consumption to 271 GW reflects the intensity of the ongoing heatwave. Gas-fired plants, capable of ramping up generation quickly, have been instrumental in bridging the supply gap during nighttime periods when renewable sources such as solar are offline.

Parameter	Details
Record power demand	271 GW
Key stabilising source	Gas-based power plants
Period of grid stress	Nighttime hours
Trigger	Heatwave

The development highlights the continued relevance of thermal and gas-based generation capacity in supporting grid reliability, particularly during periods of peak demand when intermittent renewable energy sources cannot contribute.

Historical Stock Returns for Power Grid Corporation of India