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Ravindra Kumar Tyagi: Appointed As New CMD Of Power Grid Corporation

Utkarsh Classes 03-01-2024
Ravindra Kumar Tyagi: Appointed As New CMD Of Power Grid Corporation Appointment 3 min read

Public sector Maharatna company, POWERGRID Corporation of India Limited (POWERGRID) has appointed Ravindra Kumar Tyagi as its new Chairman and Managing Director (CMD).

  • Earlier, he was working as Director (Operations) of the company.
  • Ravindra Kumar Tyagi will replace Srikanth Kandikuppa.
  • Tyagi has over 33 years of experience working in various positions leading CPSUs in the power sector.
  • He has handled various Power Grid business areas: Asset Management, Engineering, Business Development (Domestic and Overseas), Telecom, Load Despatch and communication NTAMC and DMS.
  • Tyagi has done Electrical Engineering from Punjab Engineering College (PEC), Chandigarh.
  • He has an M.Tech in Energy Study from IIT Delhi.

Power Grid Corporation of India Limited (POWERGRID):

  • Power Grid Corporation of India Limited (POWERGRID) is a Schedule 'A', 'Maharatna' Public Sector Enterprise of the Government of India.
  • It was established as National Power Transmission Corporation Limited on 23 October 1989 under the Companies Act 1956.
  • In October 1992, it was named Power Grid Corporation of India Limited (POWERGRID).
  • POWERGRID is a listed company in which the Government of India holds 51.34% stake and the remaining stake is held by institutional investors and the public.
  • Headquarters – Gurugram

Maharatna companies in India:

  • At present, there are 13 Maharatna companies in India. Maharatna scheme for CPSEs was launched in May 2010.
  • 1 - Bharat Heavy Electricals Limited (BHEL) - 1964
  • 2 - Bharat Petroleum Corporation Limited (BPCL) - 1976
  • 3 – Coal India Limited (CIL) – 1975
  • 4 - Gas Authority of India Limited (GAIL) - 1984
  • 5 - Hindustan Petroleum Corporation Limited (HPCL) -1974
  • 6 - Indian Oil Corporation Limited (IOCL) - 1959
  • 7 - National Thermal Power Corporation (NTPC) - 1975
  • 8 - Oil and Natural Gas Corporation (ONGC) - 1956
  • 9 - Power Grid Corporation of India (POWERGRID) - 1989
  • 10 - Steel Authority of India Limited (SAIL) - 1954
  • 11 - Power Finance Corporation (PFC) - 1986
  • 12 - Rural Electrification Corporation Limited (REC) - 1969
  • 13 - Oil India Limited (OIL) - 1959

FAQ

Ans- Ravindra Kumar Tyagi

Ans- Srikanth Kandikuppa

Ans - It was established as National Power Transmission Corporation Limited on 23 October 1989 under the Companies Act, 1956.

Ans- Gurugram

Ans- May 2010
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