National News

B Anantha Sarma appointed as Non-Executive Director of PUTL

The Board of Directors of POWERGRID Unchahar Transmission Limited (PUTL) have appointed B Anantha Sarma as Non-Executive Director on the Board of the company

PSU Watch Bureau

New Delhi: The Board of Directors of POWERGRID Unchahar Transmission Limited (PUTL), the Investment Manager to POWERGRID Infrastructure Investment Trust (PGinvIT), have appointed B Anantha Sarma as Non-Executive Director on the Board of the company. According to an order issued by the Ministry of Power on Sarma has been appointed as Non-Executive of the company with effect from December 14, to fulfil the requirement of a minimum of three Directors in the company.

With this new assignment, Sarma has replaced MN Venkatesan, who ceased to be a Director on the Board of PUTL after completing his tenure on December 15. 

Anantha is a graduate with B Tech from Jawaharlal Nehru Technological University in Electrical & Electronics Engineering and a postgraduate with a Master of Business Administration in Human Resource Management from Indira Gandhi National Open University. He started his career in 1985 with NTPC and joined Power Grid in 1991. He has vast experience in Asset Management and Project Execution of HVDC & HVAC installations. He had been the head of the North Eastern Region and Head of Corporate Monitoring Group in Power Grid. Currently, he is functioning as Executive Director, heading the contract services & material management departments in Power Grid.

POWERGRID Unchahar Transmission Limited (PUTL) was incorporated to establish a transmission system for 'ATS of Unchahar TPS'. The company was incorporated on December 17, 2012, by RECTPCL as its wholly-owned subsidiary to initiate work on the project to build, own, operate and maintain the transmission system for 'ATS of Unchahar TPS.'

(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.)

Markets bounce back in early trade on buying in IT counters, optimism over India-US trade talks

Oil India inks 15-year gas pact with NEEPCO; completes Numaligarh–Siliguri pipeline upgrade

Facing profit squeeze, ONGC begins Rs 9,300-cr cost-cutting drive to stay afloat in $60-oil world

OIL, NEEPCO ink pact for gas supply to power station in Assam

ACC approves appointment of RBI officers as senior adviser and adviser to India’s Executive Director at IMF