POWERGRID Promotes 12 Senior Officials as Executive Directors

New Delhi: State-owned power transmission major Power Grid Corporation of India Limited (POWERGRID) has approved the promotion and appointment of 12 senior-level officials as Executive Directors (EDs), strengthening its leadership team across key functional and project verticals.

The decision was taken by the Board of Directors at its meeting held on January 25, 2026, in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company informed stock exchanges.

The Board meeting commenced at 6:35 PM and concluded at 6:50 PM.

Senior Management Appointments Effective January 25

The officials have been promoted to the level of Executive Director (Senior Management Personnel – one level below the Board) with effect from January 25, 2026, with terms and conditions governed by POWERGRID’s service rules.

Key appointments include:

Shri Sanjay Sharma, CEO (POWERTEL), recognized for his role in asset monetisation and telecom infrastructure expansion
Shri Abhay Kumar, Executive Director (Engineering), with extensive experience in substation engineering and international consultancy
Shri Abhinav Verma, Executive Director (Rajasthan Projects), overseeing critical transmission projects for renewable energy evacuation
Smt. Vineeta Agarwal, CEO (PESL), a leader in smart grid, digital transformation, and distribution management systems
Shri M. S. Hejib, Executive Director (SR-II), with strong expertise in ERP, IT systems, and TBCB project execution
Shri Akhilesh Kumar Dixit, CEO (EESL), known for his contributions to renewable energy transmission and business development
Smt. Kumud Wadhwa, Executive Director (ERP & IT), instrumental in enterprise IT modernisation and smart grid initiatives
Shri Harinarayanan Puthan Kalam, Executive Director (HR), a seasoned HR professional with over 35 years of experience
Shri Vikas Bagadia, Executive Director (CTUIL), a key contributor to India’s HVDC transmission backbone
Shri Ashok Kumar Naik, Executive Director (ER-II), with expertise in cross-border transmission and consultancy projects
Shri Rajesh V, Executive Director (Khavda–Nagpur HVDC Project), leading critical RE evacuation infrastructure
Shri Arindam Chakraborty, Executive Director (Field Quality & Assurance), focused on grid reliability and quality systems

Strengthening Leadership for Future Growth

These appointments reflect POWERGRID’s focus on leadership continuity, technical excellence, and strategic execution, particularly in areas such as renewable energy evacuation, HVDC corridors, digital transformation, smart grids, and national grid planning.

The disclosure has been made to ensure transparency and timely communication with investors and stakeholders.

About PGCIL:

Power Grid Corporation of India Limited (POWERGRID) is a 'Maharatna' Public Sector Enterprise and India’s largest electric power transmission utility, managing approximately 90% of the country's inter-regional transmission network.

As of early 2026, the company operates an extensive network of over 182,500 circuit kilometers of transmission lines and maintains a high system availability of 99.84% while diversifying into telecom and consultancy services.

Key Highlights (as of 2026)

Dominant Market Position: It is the primary Inter-State Transmission System (ISTS) operator in India, with a transformation capacity of over 5.9 lakh MVA.
Major Expansion Plans: Unveiled a massive ₹1.3 lakh crore capital investment plan over the next five years, focusing on digital grid modernization and green energy corridors to support renewable energy.
Strategic Diversification: Beyond power, it operates a pan-India fiber optic network under the brand 'POWERTEL' and provides global consultancy in over 25 countries.
Recent Developments: In January 2026, the board approved a ₹914 crore investment for equipment procurement and recently strengthened its leadership by appointing 12 new Executive Directors.