+
Power Grid to separate telecos; to foray into data centres
POWER & RENEWABLE ENERGY

Power Grid to separate telecos; to foray into data centres

According to senior company officials, Power Grid Corporation of India is in the process of separating its telecom vertical into a new fully-owned subsidiary, Powergrid Teleservices, in order to have a "focused approach" and move up the value chain.

The move by the state-owned power transmission company comes as the telecom sector ramps up its 5G service across the country to bring business transformation that can contribute 2% to the national GDP.

The Central Electricity Regulatory Commission (CERC) has also granted the state-owned power transmission company permission to operate data centres.

B Vamsi Rama Mohan, Powergrid's Executive Director (telecom),, stated that after receiving all regulatory approvals, the telecom division will be transferred to the new subsidiary Powergrid Teleservices to provide greater impetus to the business and move up the value chain by entering the data centre business. The regulatory clearance process is currently underway.

Also Read
ADB loan of $300 Million to boost regional trade and roads in India
Rijiju and CM Khandu unveil the PMGSY road projects at U/Subansiri

According to senior company officials, Power Grid Corporation of India is in the process of separating its telecom vertical into a new fully-owned subsidiary, Powergrid Teleservices, in order to have a focused approach and move up the value chain. The move by the state-owned power transmission company comes as the telecom sector ramps up its 5G service across the country to bring business transformation that can contribute 2% to the national GDP. The Central Electricity Regulatory Commission (CERC) has also granted the state-owned power transmission company permission to operate data centres. B Vamsi Rama Mohan, Powergrid's Executive Director (telecom),, stated that after receiving all regulatory approvals, the telecom division will be transferred to the new subsidiary Powergrid Teleservices to provide greater impetus to the business and move up the value chain by entering the data centre business. The regulatory clearance process is currently underway. Also Read ADB loan of $300 Million to boost regional trade and roads in India Rijiju and CM Khandu unveil the PMGSY road projects at U/Subansiri

Next Story
Real Estate

MoHUA Sanctions 1.47 Lakh Additional Houses Under PMAY-U 2.0

In a major push towards the Government’s Housing for All mission, the Ministry of Housing and Urban Affairs (MoHUA) has approved 1,46,582 additional pucca houses under Pradhan Mantri Awas Yojana – Urban 2.0 (PMAY-U 2.0) for 14 States/UTs, bringing total sanctions under the revamped scheme to 8.56 lakh.The decision came during the fourth meeting of the Central Sanctioning and Monitoring Committee (CSMC), chaired by Srinivas Katikithala, Secretary, MoHUA, at the Ministry’s Kasturba Gandhi Marg office. Senior officials, State Principal Secretaries, and PMAY-U Mission Directors participated ..

Next Story
Real Estate

Piyush Goyal Inaugurates Expanded ISA Building at Intellectual Property Office

Union Minister of Commerce and Industry, Piyush Goyal, today inaugurated the newly expanded International Searching Authority (ISA) building at the Intellectual Property Office (IPO) in Dwarka, New Delhi, marking a major step forward in India’s intellectual property ecosystem.Addressing the gathering, Goyal highlighted that innovation has been central to India’s heritage for centuries, citing the engineering brilliance of the Konark Temple as a historic example. He emphasised that innovation is not just intellectual property but a symbol of sovereignty, and a key driver in India’s journe..

Next Story
Real Estate

SIEGER Boosts Automation in Mumbai Realty

SIEGER, a leading automation solutions provider, is expanding its advanced manufacturing capabilities to meet the surging demand for precision, high-speed automation in Mumbai’s rapidly growing real estate sector.Operating from a 21,000 m² advanced production hub in Coimbatore—part of a 40,000 m² integrated campus—SIEGER offers complete solutions from design and prototyping to manufacturing and deployment. The fully digitalised facility features CNC machining, QR-coded component tracking, conveyorized powder coating, and a Government of India–certified R&D centre, ensuring unmatc..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?