New Delhi: Union Minister of Power, Mr. R.K. Singh, today received a cheque worth ₹2067.68 crore as the first interim dividend for the fiscal year 2025-26 from the Power Grid Corporation of India Limited (POWERGRID). The cheque was presented by Mr. R.K. Tyagi, Chairman and Managing Director of POWERGRID, during a formal event attended by Mr. M.L. Khattar, Union Minister of Power, Mr. Pankaj Agarwal, Secretary (Power), Government of India, along with other senior officials and members of the POWERGRID Board.
Power Transmission and Financial Strength
This substantial interim dividend reflects POWERGRID’s consistent financial strength and its ongoing commitment to contributing to the exchequer of the Government of India. The presentation of the dividend comes at a time when the company continues to play a critical role in enhancing India’s power transmission infrastructure. POWERGRID’s efforts in expanding and modernizing the electricity transmission network are pivotal in meeting the country’s growing energy demands and achieving energy transition goals.
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A Step Towards Nation-Building
Speaking on the occasion, Union Minister Mr. R. K. Singh commended the financial performance of POWERGRID, emphasizing the corporation’s significant role in strengthening the power transmission infrastructure of the nation. He noted that the strong financial results and commitment to paying dividends to the government underline POWERGRID’s integral position in the country’s energy sector.
POWERGRID’s Continued Role in Nation’s Growth
In addition to the financial contributions, POWERGRID continues to focus on the development and maintenance of an efficient power transmission system, which is critical for both the industrial and residential sectors. The company’s long-term vision aligns with India’s broader goals for energy sustainability and economic development.
About POWERGRID:
POWERGRID, a Maharatna public sector enterprise, is the central transmission utility of India. The company is responsible for planning, developing, and maintaining a strong power transmission network across the country. POWERGRID plays a vital role in ensuring uninterrupted and reliable power transmission, supporting the nation’s energy transition and economic growth.
