POWERGRID Elevates Three Chief General Managers to Executive Director Positions Effective 15th May, 2026

2 min read     Updated on 16 May 2026, 03:14 PM
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POWERGRID has promoted Shri Jiten Das, Shri Rajiv Gandhi, and Shri Sanjay Kumar Gupta from the position of Chief General Manager to Executive Director, effective 15th May, 2026. The promotions, disclosed under Regulation 30 of SEBI LODR, place these professionals at the Senior Management Personnel level, one level below the Board of Directors. Each executive brings over three decades of experience across areas including substation operations, transmission line engineering, and international business. Their terms of appointment are governed by the Service Rules of POWERGRID.

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Power Grid Corporation of India has announced the promotion of three Chief General Managers to the position of Executive Director (ED), effective 15th May, 2026. The development was disclosed to the stock exchanges on 16th May, 2026, by Company Secretary & Compliance Officer Satyaprakash Dash, in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The promoted executives — Shri Jiten Das, Shri Rajiv Gandhi, and Shri Sanjay Kumar Gupta — now hold Senior Management Personnel status, positioned one level below the Board of Directors.

Promotion Details at a Glance

The following table summarises the key details of the three promotions as disclosed under Regulation 30 of SEBI LODR:

Parameter: Details
Names: Jiten Das, Rajiv Gandhi, Sanjay Kumar Gupta
Previous Designation: Chief General Manager (CGM)
New Designation: Executive Director (ED)
Effective Date: 15th May, 2026
Level: Senior Management Personnel — One level below the Board of Directors
Term of Appointment: As per Service Rules of POWERGRID

Profiles of the Promoted Executives

Shri Jiten Das — Executive Director (CTUIL)

Shri Jiten Das brings more than three decades of experience spanning AC/DC substation maintenance, asset management, project execution, and system operations. He holds a BE degree in Electrical Engineering from Utkal University and an ME from BIT, Mesra. Over the course of his career, he has led major assignments in Patna, Pusauli, Vadodara, Kolkata, and Gurgaon. His areas of expertise include asset reliability, commercial functions, and CTUIL operations. Shri Das has made significant contributions to grid modernization efforts, transmission planning, and the strengthening of national power system reliability.

Shri Rajiv Gandhi — Executive Director (Engineering-Survey)

Shri Rajiv Gandhi has more than three decades of expertise in transmission line engineering, TBCB processes, project monitoring, and survey management. He is a BE (Electrical) graduate and holds a PGDM from MDI. His career has encompassed key assignments at the Corporate Office in Gurgaon, Regional HQ-Lucknow, and Mohanlal Ganj. Shri Gandhi has made notable contributions to transmission line engineering design and competitive bidding frameworks, and continues to strengthen POWERGRID's transmission survey capabilities, project precision, and strategic infrastructure development.

Shri Sanjay Kumar Gupta — COO (IB)

Shri Sanjay Kumar Gupta is an accomplished professional with over 30 years of experience in corporate planning, international business, and AC substation operations. He holds an Electrical Engineering degree along with advanced management qualifications from IIT Delhi, XLRI, and MDI. His career includes postings at the Corporate Planning Department of the Corporate Office in Gurgaon, Seoni sub-station, and Regional HQ-Secunderabad. Shri Gupta has significantly contributed to strategic planning and business development at both domestic and international levels, and continues to drive POWERGRID's international business initiatives, global partnerships, and business expansion.

Regulatory Disclosure

The promotions were formally communicated to the National Stock Exchange of India Limited and BSE Limited on 16th May, 2026, in accordance with Regulation 30 of SEBI LODR read with the SEBI Master Circular dated 30th January, 2026. The disclosure confirms that there are no relationships between the promoted executives and any directors of the company. The term of appointment for all three executives shall be governed by the Service Rules of POWERGRID.

Historical Stock Returns for Power Grid Corporation of India

1 Day5 Days1 Month6 Months1 Year5 Years
+1.36%-2.53%+1.83%+12.73%+3.35%+137.59%

How might Shri Sanjay Kumar Gupta's appointment as COO (IB) accelerate POWERGRID's international business expansion into specific emerging markets or cross-border transmission projects?

Could these leadership changes signal a strategic shift in POWERGRID's approach to Tariff-Based Competitive Bidding (TBCB) processes, potentially impacting its market share in upcoming transmission projects?

With Shri Jiten Das leading CTUIL operations, what implications could this have for the Central Transmission Utility's role in India's planned renewable energy transmission infrastructure buildout?

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POWERGRID's Committee of Directors Approves ₹584.13 Crore Investment Across Three Infrastructure Projects

1 min read     Updated on 16 May 2026, 12:21 AM
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Power Grid Corporation of India's 'Committee of Directors on Investment on Projects' approved three infrastructure projects on 15th May, 2026, with a combined estimated cost of ₹584.13 crore. The projects include transformer augmentation at Tuticorin-II GIS Sub Station at ₹132.06 crore and OPGW communication system installations in the Western Region at ₹308.49 crore and Eastern Region at ₹143.58 crore. All three projects are scheduled for commissioning by 2028, with the WR and ER Region OPGW projects targeted by 18th September, 2028, and the Tuticorin-II project by 17th February, 2028. The disclosures were made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

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Power Grid Corporation of India 's 'Committee of Directors on Investment on Projects' convened on 15th May, 2026, and accorded investment approval for three infrastructure proposals with a combined estimated cost of ₹584.13 crore. The disclosures were made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.

Approved Projects at a Glance

The three approved proposals span transformer augmentation and optical fibre ground wire (OPGW) communication system installations across multiple regions. The following table summarises the key details of each approved project:

Project: Estimated Cost Scheduled Commissioning
Augmentation of 1x500MVA, 400/230kV ICT (7th) at Tuticorin-II GIS Sub Station ₹132.06 crore 17th February, 2028
Installation of OPGW & associated communication systems on existing ISTS lines in WR Region ₹308.49 crore 18th September, 2028
Installation of OPGW & associated communication systems on existing ISTS lines in ER Region ₹143.58 crore 18th September, 2028

Project Details

Tuticorin-II GIS Sub Station Augmentation

The first proposal involves the implementation of the "Augmentation of 1x500MVA, 400/230kV ICT (7th) at Tuticorin-II GIS Sub Station" at an estimated cost of ₹132.06 crore. This project is scheduled to be commissioned by 17th February, 2028.

OPGW Installation in Western Region

The second proposal covers the "Installation of OPGW & associated communication systems on the existing ISTS lines in WR Region" at an estimated cost of ₹308.49 crore. The project is to be commissioned within 30 months from the date of allocation of the project, i.e., by 18th September, 2028.

OPGW Installation in Eastern Region

The third proposal pertains to the "Scheme for Installation of OPGW & associated communication systems on the existing ISTS lines in ER Region" at an estimated cost of ₹143.58 crore. Similar to the WR Region project, this is also scheduled to be commissioned within 30 months from the date of allocation of the project, i.e., by 18th September, 2028.

Regulatory Compliance

The investment approvals were disclosed by Company Secretary & Compliance Officer Satyaprakash Dash on 15th May, 2026, in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The combined estimated investment across all three projects amounts to ₹584.13 crore, with all projects targeted for commissioning by 2028.

Historical Stock Returns for Power Grid Corporation of India

1 Day5 Days1 Month6 Months1 Year5 Years
+1.36%-2.53%+1.83%+12.73%+3.35%+137.59%

How will the OPGW installations across the Western and Eastern regions enhance Power Grid's ability to monetize its telecom infrastructure through subsidiaries like POWERTEL?

Could the Tuticorin-II substation augmentation signal broader capacity expansion plans in Tamil Nadu to support the state's growing renewable energy evacuation needs?

Are there additional ISTS lines in the Northern and Southern regions being considered for similar OPGW upgrades, and what would be the estimated investment pipeline?

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