Power Grid Corporation of India has announced significant senior management changes with the promotion of two Chief General Managers to Executive Director positions. The appointments, effective 01st April, 2026, were disclosed under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Leadership Appointments

The company has promoted Shri Gyaneshwar Prasad Payasi and Shri Pradeep Kumar from their Chief General Manager positions to Executive Director roles. Both appointments represent senior management personnel positions, which are one level below the Board of Directors within the organizational hierarchy.

Executive Profiles and Experience

Shri Gyaneshwar Prasad Payasi brings more than three decades of distinguished experience across multiple functions including PESM, CMD Coordination, TBCB, CMG and project execution. He holds a BE degree with an ME from IIT Roorkee and PGDM from MDI Gurgaon. His expertise encompasses:

• Asset management and Project Management
• Telecom and IT operations
• TBCB (Tariff Based Competitive Bidding) processes
• Asset Monetization initiatives
• Transmission line projects for power evacuation from remote locations in Rajasthan
• Independent Power Producer projects in Chhattisgarh

In his new role, he will be in-charge of the CMD-Coordination Cell, leveraging his extensive operational and strategic experience.

Shri Pradeep Kumar contributes nearly three decades of diversified experience across asset management, substation maintenance, and consultancy assignments. An Electrical Engineering graduate from Dayalbagh Educational Institute, Agra, he joined POWERGRID as Executive Trainee in 1994 and also possesses management qualifications.

Strategic Appointments

Currently, Shri Pradeep Kumar heads a strategically significant Government of India project in Arunachal Pradesh focused on the Comprehensive Scheme for Strengthening of Transmission & Distribution (T&D) Systems. His promotion to Executive Director (CTDS-AP) recognizes his leadership in this critical infrastructure development initiative.

Terms of Appointment

Both executives' terms of appointment will be governed by POWERGRID's Service Rules. The company has confirmed that neither executive has any relationships with existing directors, maintaining independence in the senior management structure.

The promotions reflect POWERGRID's commitment to recognizing internal talent and promoting experienced professionals who have demonstrated expertise across various operational and strategic functions within the power transmission sector.

Power Grid Corporation of India Limited has formally announced the appointment of Shri Burra Vamsi Rama Mohan as Chairman & Managing Director through its Board meeting held on 01st April, 2026. The appointment was made in compliance with SEBI LODR Regulation 30 requirements, following a Ministry of Power order dated 18th March, 2026.

Board Meeting Outcome and Regulatory Compliance

The Board of Directors approved Shri Vamsi's appointment during their meeting on Wednesday, 01st April, 2026, which commenced at 09:50 A.M. and concluded at 10:10 A.M. The company has submitted the required disclosures to both NSE and BSE under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015.

Shri Vamsi has assumed charge of the CMD position with immediate effect from 01st April, 2026. The company has confirmed that he is not related to any Directors or Key Managerial Personnel and is not debarred from holding the office by any SEBI order or other authority.

Professional Background and Qualifications

Shri Burra Vamsi Rama Mohan brings over 33 years of rich and diverse experience in the power transmission and telecom sectors to his new role. His educational credentials include:

• Graduate in Engineering
• Post Graduate Diploma in Planning & Project Management
• Post Graduate Diploma in Management from Management Development Institute (MDI, Gurugram)
• Harvard Manage Mentor (HMM) Program
• Advanced management programmes at Indian School of Business (ISB), Hyderabad

Key Career Achievements and Strategic Leadership

Throughout his tenure at POWERGRID, Shri Vamsi has held several key leadership positions spanning critical business domains including Projects, Procurement, Commercial, Regulatory Affairs, Asset Management, and Telecom.

Transformational Reforms and Digital Initiatives

As a strong proponent of digitalization and mechanization, Shri Vamsi has introduced transformational reforms in project monitoring and execution, significantly enhancing efficiency, transparency, and delivery outcomes across large-scale infrastructure projects. His deep understanding of the power sector's regulatory framework has been critical in shaping POWERGRID's regulatory strategy and positioning the company in the evolving competitive power transmission market.

The appointment represents continuity in POWERGRID's leadership structure, with Shri Vamsi's extensive experience in project management and strategic planning positioning him well for the CMD role. His proven track record in business expansion and regulatory affairs is expected to support the Maharatna Central Public Sector Undertaking's continued growth trajectory.