Power Grid approves ₹485 crore upgrade of power monitoring systems

The board of directors of Power Grid Corporation of India Ltd (Power Grid) on Wednesday approved the upgradation of SCADA and associated systems at its NTAMC and RTAMCs at an estimated cost of ₹485.04 crore, the company said in a regulatory filing.The board also approved availing an unsecured term loan facility of JPY (Japanese Yen) 80 billion from the Japan Bank for International Cooperation (JBIC) and participating financial institutions.

Further, the company appointed Anjana Luthra, General Manager (Company Secretariat), as Company Secretary and Compliance Officer with immediate effect.
The board also approved the appointment of Venkata S V, Chief General Manager (Finance & Accounts), as Chief Financial Officer with effect from July 1, 2026.The decisions were taken at the board meeting held on June 10, 2026.

Q4FY26 resultsCompany had reported a 9.7% year-on-year rise in consolidated net profit for Q4FY26, at ₹4,546.3 crore, beating the CNBC-TV18 poll estimate of ₹4,451 crore. Net profit stood at ₹4,143 crore in the corresponding quarter last year.

However, revenue from operations declined 5% year-on-year to ₹11,666 crore from ₹12,275 crore and came in below the CNBC-TV18 poll’s projected ₹12,859 crore.

Power Grid’s earnings before interest, tax, depreciation and amortization (EBITDA) declined 11.3% to ₹9,066 crore from ₹10,224 crore in the previous year.

The company had also approved raising up to ₹5,000 crore through unsecured rupee term loans or line of credit facilities from its existing consortium of bankers and lenders through a competitive bidding process.

Shares of Power Grid Corporation of India settled 0.47% higher at ₹287.05 on the NSE on Wednesday.

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