Power Grid Corporation of India Limited (POWERGRID) announced that its board, at a meeting held on 10 June 2026, approved the upgradation of SCADA and Associated Systems of NTAMC/RTAMC at an estimated cost of Rs 485.04 crore. The board also approved availing an unsecured term loan facility in Japanese Yen (JPY) 80 billion from Japan Bank for International Cooperation (JBIC) and participating financial institutions.
The SCADA and associated systems upgradation project covers the National Transmission Asset Management Centre (NTAMC) and Regional Transmission Asset Management Centres (RTAMC). The project is estimated to cost Rs 485.04 crore.
The JPY 80 billion unsecured term loan from JBIC and other participating financial institutions will be used for capital expenditure and general corporate purposes.
The board appointed Smt. Anjana Luthra, General Manager (Company Secretariat), as Company Secretary and Compliance Officer with immediate effect from 10 June 2026. Luthra is a Fellow Member of the Institute of Company Secretaries of India and holds a B.Com (Hons) and an LLB degree from the University of Delhi. She has over 25 years of experience in corporate secretarial, legal, finance, and compliance functions.
Shri Venkata Subrahamanayam Vallurie, Chief General Manager (F&A), was appointed as Chief Financial Officer effective 1 July 2026. Vallurie is a qualified Cost Accountant from the Institute of Cost Accountants of India with over 35 years of post-qualification experience, including more than 32 years at POWERGRID. He has served in regional headquarters and the corporate centre, handling resource mobilisation, financial concurrence, ERP, financial accounting, and internal audit.
The board meeting commenced at 5:15 PM IST and concluded at 6:20 PM IST on 10 June 2026.
Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.