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

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.

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