POWERGRID InvIT Subsidiary Appoints New CEO
POWERGRID Unchahar Transmission Limited (PUTL), the Investment Manager for POWERGRID Infrastructure Investment Trust (PGInvIT), announced the appointment of Shri K Nagraj Bhat as its new Chief Executive Officer (CEO) effective June 23, 2026. Shri Bhat brings over 30 years of experience in the power transmission sector, having joined POWERGRID in 1993. His background includes extensive work in commercial operations, project implementation, corporate planning, and securing multilateral financing from institutions like ADB and the World Bank. He has also been involved in strategic planning and the commissioning of various power transmission projects, as well as CSR initiatives focused on manpower development.
Key Highlights
- Shri K Nagraj Bhat appointed CEO of PUTL, Investment Manager for PGInvIT.
- Appointment is effective from June 23, 2026.
- Bhat has over 30 years of experience in the power transmission sector.
- His experience includes project implementation and securing multilateral financing.
- The appointment is a significant management change for the subsidiary.
Price Impact
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