Power Grid Corp Approves ₹485 Crore SCADA Upgrade and Secures JPY 80 Billion Loan

Psuconnect.In

Power Grid Corp Approves ₹485 Crore SCADA Upgrade and Secures JPY 80 Billion Loan

First seen 10 Jun 2026, 17:14 UTC • •18.8

Article Content

1 / 11

Browse articles

ThreatCluster •June 11, 2026 at 17:12 UTC

•Power Grid Corp approved a ₹485.04 crore SCADA upgrade on June 10, 2026.
•An unsecured loan of 80 billion JPY was secured from JBIC to finance the upgrade.
•Key leadership changes include a new CFO and Company Secretary effective July 2026.

On June 10, 2026, Power Grid Corporation of India approved a ₹485.04 crore upgrade for its SCADA systems and secured an 80 billion JPY loan from the Japan Bank for International Cooperation. The upgrade aims to enhance the monitoring and control capabilities of the national grid, ensuring operational efficiency. Key leadership appointments were also announced, with Shri Venkata Subrahamanayam Vallurie as the new CFO effective July 1, 2026, and Smt. Anjana Luthra as Company Secretary effective immediately. The SCADA upgrade is critical for grid stability, while the loan diversifies funding sources for capital expenditures. The company faces potential risks, including execution delays and currency fluctuations. Power Grid is a major player in India's electricity transmission sector, responsible for managing the national grid's infrastructure.

Start a free Starter trial for enhanced analysis

Ask AI about this cluster

Answers cite the sources they use

Updated 102d ago How this analysis works

Timeline

2026-06-10

Power Grid approves SCADA upgrade

The Board sanctioned a ₹485.04 crore investment for upgrading SCADA systems to enhance grid management.

2026-06-10

JPY 80 billion loan secured

Power Grid secured an unsecured term loan facility of 80 billion JPY from JBIC and other financial institutions.

2026-06-10

New Company Secretary appointed

Smt. Anjana Luthra was appointed as Company Secretary & Compliance Officer effective immediately.

2026-06-10

New CFO appointed

Shri Venkata Subrahamanayam Vallurie was appointed as CFO effective July 1, 2026.

More articles in this cluster (10)

Continue Reading

Critical WSO2 API Manager Vulnerability Under Active Exploitation A critical vulnerability (CVE-2026-5430) in WSO2 API Manager is being actively exploited, allowing unauthenticated attackers to forge admin tokens via JWT authentication bypass. This flaw, which has a CVSS score of 10.0, affects multiple WSO2 products including API Manager, Universal Gateway, Traffic Manager, and API…

Critical Linux Kernel Vulnerability CVE-2025-39682 Under Active Exploitation A critical vulnerability (CVE-2025-39682) in the Linux kernel allows remote code execution through mishandling of zero-length TLS records. This flaw affects kTLS-enabled hosts running vulnerable kernel versions, exposing them to attackers without authentication. CISA added this vulnerability to its Known Exploited…