News

Power Grid Separates Telecom Business into Subsidiary Targeting INR 1,000 Crore Revenue in FY24

wirecableMay 24, 2023May 26, 2023

May 24, 2023May 26, 2023

Power Grid Corp is ready to separate its telecom business into a subsidiary by June 2023. The new subsidiary will target a revenue of INR 1,000 crore in FY24. May 24, 2023 Power Grid Corp will separate its telecom business into a subsidiary by June 2023. The public company will......

Power Grid should not be Central Transmission Utility: FICCI

wirecableSeptember 19, 2013April 28, 2016

September 19, 2013April 28, 2016

August 15, 2013 Industry body FICCI has suggested that state-run Power Grid Corp should no longer be the ‘Central Transmission Utility’ as its present powers can lead to arm-twisting private players. Power Grid was conferred with the title of Central Transmission Utility in 1998 with the idea that it would......

Govt plans to setup National Power Committee

wirecableMay 23, 2013June 7, 2013

May 23, 2013June 7, 2013

March 20, 2013 The Power Ministry is considering setting up a National Power Committee for ensuring stricter grid discipline among the States and penalize the ones overdrawing electricity from the grid. “The Power Ministry is working on it and CERC and CEA would also be part of the exercise. Not......