Power Grid organises talk on corporate governance, business ethics & preventive vigilance 
Event News

Power Grid organises talk on corporate governance, business ethics & preventive vigilance

Power Grid organised a talk on ‘Corporate Governance, Business Ethics & Preventive Vigilance in PSUs’ at its corporate center on October 16, as precursor to Vigilance Awareness Week – 2023

PSU Watch Bureau

New Delhi: Power Grid Corporation of India Limited (PGCIL), a Maharatna PSU under the Ministry of Power, organised a talk on ‘Corporate Governance, Business Ethics & Preventive Vigilance in PSUs’ at its corporate center on October 16, as precursor to Vigilance Awareness Week (VAW) – 2023. The Central Vigilance Commission's (SVC) Secretary P Daniel and SEBI's Ex-Chairman M Damodaran were the eminent guest speakers in the talk organised.

Daniel in his address gave an overview of Central Vigilance Commission jurisdiction & functioning. He interacted & stressed upon preventive vigilance measures and the adoption of ethical conduct in government organisations. He appreciated the work carried out by Power Grid w.r.t. PIDPI resolution & public campaign carried out during G-20 Anti-corruption working group meeting held earlier in Gurugram.

While Damodaran spoke about the role and responsibilities of Independent Directors, internal auditors, management, and board members for a corruption free work environment for Corporate Governance.

Power Grid's CVO DK Madan in his inaugural address welcomed the dignitaries invited and briefed them about leveraging technology to eradicate corruption, promoting of PIDPI resolution and capacity building, implementation of commission guidelines and online complaints monitoring system by the Vigilance Department in Power Grid.

Power Grid board members, Executive Directors, and employees of the corporate center attended the Talk & interactive session. Senior officials & employees from all the regions of Power Grid joined online.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

Hindustan Copper nearly doubles PAT to Rs 920.67 cr in FY26; Q4 net surges 133% on strong volumes

India, UAE sign strategic petroleum reserves, LPG pacts; Abu Dhabi to raise stake in India's oil reserves to 30 mn barrels

SC rules UP cannot levy VAT on inter-state natural gas sales, upholds Allahabad HC order

SEBI says CBDT eases PAN norms for FPIs to streamline onboarding

NBCC secures work orders worth Rs 52.14 crore