Power Grid to separate telecos; to foray into data centres

06 Dec 2022 CW Team

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

Infrastructure Urban

17 Sep 2025

DCPC Prepares for Special Campaign 5.0 with Focus on E-Waste

The Department of Chemicals and Petrochemicals (DCPC), Ministry of Chemicals and Fertilisers, is gearing up for Special Campaign 5.0, to be held from 2nd to 31st October 2025. The initiative will focus on e-waste disposal as per MoEFCC’s E-Waste Management Rules 2022, space optimisation, and enhancing workplace efficiency across field offices.Special Campaign 4.0, conducted between October 2023 and October 2024, delivered notable results in record management, grievance redressal, scrap disposal, and cleanliness drives.Key outcomes of Special Campaign 4.0Records management: 2,443 physical fil..

BlackRock India Leases 1.4 Lakh Sq Ft in Bengaluru

BlackRock Services India, the domestic arm of global asset manager BlackRock, has leased 1.4 lakh sq ft of office space at IndiQube Symphony in Bengaluru, according to Propstack data. The 10-year deal is valued at around Rs 4.10 billion.The lease, among the largest transactions in India’s co-working sector, highlights the growing preference of global institutions for flexible office providers. The agreement, commencing October 1, 2025, covers ground plus five floors in KNG Tower 1 at Ashoknagar, MG Road — one of Bengaluru’s prime commercial hubs.As per the lease document, BlackRock will ..

L&T Bags Rs 25–50 Bn Order for Mumbai-Ahmedabad Bullet Train Track Works

Larsen & Toubro’s (L&T) Transportation Infrastructure business has secured an order valued between Rs 25 crore and Rs 50 billion from the National High Speed Rail Corporation Limited (NHSRCL) for the Mumbai-Ahmedabad High Speed Rail (MAHSR) corridor.The contract, Package T1, involves the design, supply, construction, testing, and commissioning of 156 route km of high-speed ballastless track on a Design-Build Lump Sum Price basis. The stretch runs from Mumbai’s Bandra-Kurla Complex to Zaroli village in Gujarat and includes 21 km of underground track and 135 km of elevated viaduct.Se..