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Powergrid board approves proposal to raise ₹4,000 cr from SBI
Powergrid, a key player under the Ministry of Power, is India's largest electric power transmission utility. This move strengthens its financial position for future operations.
cityfalcon.com·5h ago
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Powergrid board approves proposal to raise ₹4,000 cr from SBI
Powergrid, a key player under the Ministry of Power, is India's largest electric power transmission utility. This move strengthens its financial position for future operations.
cityfalcon.com·5h ago
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Powergrid board approves proposal to raise Rs 4,000 cr from SBI
Power Grid Corporation of India has secured a significant financial boost. Its board approved raising up to Rs 4,000 crore. This funding will come from the State Bank of India through a bank facility. Powergrid, a key player under the Ministry of Power, is India's largest electric power transmission utility. This move strengthens its financial position for future operations.
cityfalcon.com·6h ago
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Powergrid board approves proposal to raise Rs 4,000 cr from SBI
Power Grid Corporation of India has secured a significant financial boost. Its board approved raising up to Rs 4,000 crore. This funding will come from the State Bank of India through a bank facility. Powergrid, a key player under the Ministry of Power, is India's largest electric power transmission utility. This move strengthens its financial position for future operations.
cityfalcon.com·6h ago
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'Grid bottlenecks, execution risks slow power expansion': Report
India's renewable energy goals are facing hurdles. Power Grid Corporation of India Ltd, or PGCIL, is struggling with delays in building power transmission lines. These delays are caused by land acquisition and other issues. This is affecting PGCIL's profits and its stock market performance. The company is undertaking a large capital expenditure program to address these issues.
cityfalcon.com·10d ago
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'Grid bottlenecks, execution risks slow power expansion': Report
India's renewable energy goals are facing hurdles. Power Grid Corporation of India Ltd, or PGCIL, is struggling with delays in building power transmission lines. These delays are caused by land acquisition and other issues. This is affecting PGCIL's profits and its stock market performance. The company is undertaking a large capital expenditure program to address these issues.
cityfalcon.com·10d ago
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Inside Keonjhar fraud: How a PGCIL manager diverted Rs 18 lakh for years in Odisha
Police have arrested a former manager of the Power Grid Corporation of India Ltd (PGCIL) for allegedly orchestrating a financial fraud amounting to approximately Rs 18.66 lakh. According to the Times of India, Banothu Ravi Kumar, 44, who headed the Naranpur sub-station, was detained on Thursday following an investigation into systemic irregularities committed during his tenure between April 2021 and January 2025. Case Registered The case, formally registered at Keonjhar Town police station on April 15, 2026, details how the accused allegedly bypassed standard operating procedures. By misusing SAP credentials and manipulating e-office documents, Kumar allegedly created forged contracts, fake purchase orders, and fabricated bills to process payments for work that was never executed. Investigations cliamed that contracts were frequently awarded to a set list of vendors, including a firm linked to his spouse. The fraudulent payments were subsequently encashed through these channels. Police sources confirmed that the manager manipulated official records to facilitate repeated payments against single works.
cityfalcon.com·13d ago
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Inside Keonjhar fraud: How a PGCIL manager diverted Rs 18 lakh for years in Odisha
Police have arrested a former manager of the Power Grid Corporation of India Ltd (PGCIL) for allegedly orchestrating a financial fraud amounting to approximately Rs 18.66 lakh. According to the Times of India, Banothu Ravi Kumar, 44, who headed the Naranpur sub-station, was detained on Thursday following an investigation into systemic irregularities committed during his tenure between April 2021 and January 2025. Case Registered The case, formally registered at Keonjhar Town police station on April 15, 2026, details how the accused allegedly bypassed standard operating procedures. By misusing SAP credentials and manipulating e-office documents, Kumar allegedly created forged contracts, fake purchase orders, and fabricated bills to process payments for work that was never executed. Investigations cliamed that contracts were frequently awarded to a set list of vendors, including a firm linked to his spouse. The fraudulent payments were subsequently encashed through these channels. Police sources confirmed that the manager manipulated official records to facilitate repeated payments against single works.
cityfalcon.com·13d ago
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DC Srinagar hands over AI based X-ray units to major City Hospitals to strengthen TB screening
Srinagar, Apr 15: Deputy Commissioner (DC) Srinagar, Akshay Labroo today handed over advanced diagnostic equipments, including three Truenat machines and handheld X-ray unit with AI technology to major City hospitals of the district, aimed to significantly enhance early detection and treatment outcomes of tuberculosis. The three Truenat Machines have been sponsored by Indian Oil Corporation Limited (IOCL) under their CSR initiative. The machines were formally handed over to the Medical Superintendents of Super Speciality Hospital, Children Hospital and District Tuberculosis Office Srinagar in a function held here at Meeting Hall ozf the DC Office Complex. On the occasion, the Deputy Commissioner also felicitated senior officers of District Administration, Block Development Officers, Senior functionaries and other healthcare workforce in recognition of a remarkable public health achievement to attain TB-Free Panchayat status in 21 Gram Panchayats in District Srinagar. Speaking on the occasion, the Deputy Commissioner urged healthcare personnel to continue their dedicated efforts under the Pradhan Mantri TB Mukt Bharat Abhiyan and assured full support from the District Administration in sustaining and further advancing these achievements.
cityfalcon.com·15d ago
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DC Srinagar hands over AI based X-ray units to major City Hospitals to strengthen TB screening
Srinagar, Apr 15: Deputy Commissioner (DC) Srinagar, Akshay Labroo today handed over advanced diagnostic equipments, including three Truenat machines and handheld X-ray unit with AI technology to major City hospitals of the district, aimed to significantly enhance early detection and treatment outcomes of tuberculosis. The three Truenat Machines have been sponsored by Indian Oil Corporation Limited (IOCL) under their CSR initiative. The machines were formally handed over to the Medical Superintendents of Super Speciality Hospital, Children Hospital and District Tuberculosis Office Srinagar in a function held here at Meeting Hall ozf the DC Office Complex. On the occasion, the Deputy Commissioner also felicitated senior officers of District Administration, Block Development Officers, Senior functionaries and other healthcare workforce in recognition of a remarkable public health achievement to attain TB-Free Panchayat status in 21 Gram Panchayats in District Srinagar. Speaking on the occasion, the Deputy Commissioner urged healthcare personnel to continue their dedicated efforts under the Pradhan Mantri TB Mukt Bharat Abhiyan and assured full support from the District Administration in sustaining and further advancing these achievements.
cityfalcon.com·15d ago
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