Power Grid Share Price in Focus; Board Approves ₹485.04 Crore SCADA Upgradation and ¥80 Billion Loan

Power Grid Corporation of India Limited has announced key approvals following its board meeting held on June 10, 2026. 

The board approved investments related to SCADA system upgradation, a Japanese yen-denominated loan facility, and key management appointments.  

Board Approves ₹485.04 Crore SCADA Upgradation 

According to the company, the board has approved the upgradation of SCADA and associated systems of NTAMC/RTAMC at an estimated cost of ₹485.04 crore.  

Company To Avail ¥80 Billion Loan Facility 

To support the company's financing requirements, the board also approved availing an unsecured term loan facility of ¥80 billion from the Japan Bank for International Cooperation (JBIC) and participating financial institutions.  

Board Approves Key Management Appointments 

POWERGRID has appointed Smt. Anjana Luthra as Company Secretary and Compliance Officer with immediate effect from June 10, 2026. 

The board has also approved the appointment of Shri Venkata Subrahamanayam Vallurie as Chief Financial Officer (CFO) with effect from July 1, 2026. 

Read More: Power Grid Share Price in Focus; Revises FY26 Capex Target to ₹35,000 Crore! 

Power Grid Share Price Performance 

As of 11 June 2026, at 12:17 PM, Power Grid share price was trading at ₹287.30 per share, reflecting a surge of 0.03% from the previous closing price. 

Conclusion 

The board approvals include a ₹485.04 crore investment for SCADA system upgradation, the availing of a ¥80 billion loan facility, and the appointment of a new Company Secretary and Chief Financial Officer.  

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