The Modi government has extended the tenure of Enforcement Directorate Director Sanjay Kumar Mishra (IRS-IT:1984) by a year after modifying his appointment order that was issued in 2018. He was appointed the Enforcement Directorate Chief on November 19,2018 and his tenure was supposed to end on 18.11.2020.
The Finance Ministry order stated that the previous order dated November 19, 2018, through which Mr. Mishra was appointed as ED Director, has been modified with approval from the President. Accordingly, it would now read as appointment of Mr. Mishra as the Director of Enforcement Directorate for a period of three years.
The deputation tenure of Anand Swaroop (IPS:1992:UP) as Inspector General of ITBP has been extended for a period of two years beyond March 8, 2020. The Appointments Committee of the Cabinet (ACC) has approved the proposal of Ministry of Home Affairs for extension in his tenure on Wednesday.
Dhananjaya Singh (IRSE:2015) has been appointed as the Government Nominee Director on the Board of Rail Vikas Nigam Limited (RVNL). Currently, he is serving as Executive Director (Works) in the Indian Railways. In addition to this, he has also been appointed as Govt. Nominee Director of IRCON on November 10. He has been appointed to the post with effect from November 11, 2020 (the date of allotment of DIN) till he holds the post of Executive Director (Works), Railway Board, or until further orders, whichever is earlier. This information has been shared by the Railway PSU said during the regulatory filing to the stock exchange on Wednesday.
Kalyan Kumar Coari has assumed charge as Director (Finance) of Braithwaite & Co Ltd. on November 12. Prior to this assignment, he was serving as General Manager in Bharat Heavy Electricals Limited. Earlier, the Appointments Committee of the Cabinet (ACC) had approved his appointment on November 2. According to an order from the Department of Personnel & Training (DoPT), Coari has been appointed to the post with effect from November 12 till April 30, 2024, i.e. date of his superannuation.
Sanjay Malhotra (IAS:1990:RJ) assumed the charge of Chairman & Managing Director, REC Limited w.e.f. 09.11.2020. The Appointments Committee of the Cabinet (ACC) had approved the appointment of Additional Secretary, Ministry of Power, Sanjay Malhotra as Chairman & Managing Director of REC Limited under the Ministry of Power. Sanjeev Kumar Gupta, Director (Technical), REC Limited was hitherto holding the additional charge of post of CMD since 13.06.2020.
Prior to his joining as Chairman & Managing Director of REC Limited, he was posted as Additional Secretary in the Ministry of Power.
Power Grid Corporation of India Limited (POWERGRID), a ‘Maharatna’ Company under Ministry of Power, GoI and the ‘Central Transmission Utility (CTU)’ of the country, has posted a PAT of ₹ 3,094 crore and Total Income of ₹ 9,831 crore on consolidated basis for Q2FY21. On standalone basis, the Company posted PAT and Total Income of ₹ 3,117 crore and ₹ 9,890 crore respectively for Q2FY21, registering an increase of about 23% & 8% respectively with respect to the corresponding period of FY20.
For six-month period (H1FY21), the PAT and Total Income on consolidated basis are ₹ 5,142 crore and ₹ 19,648 crore respectively, which are about 1% and 6% higher with respect to the corresponding period of FY20, while on standalone basis, the PAT and Total Income are ₹ 5,097 crore and ₹ 19,511 crore respectively, registering a growth of 3% and 6% respectively.
The Company incurred a Capital Expenditure of about ₹ 3,100 crore and capitalized assets worth ₹ 10,693 crore (excluding FERV) on consolidated basis during Q2FY21.
During the quarter, POWERGRID commissioned Pole-1 of Bipole-I of the prestigious 6000 MW Raigarh – Pugalur HVDC system despite many challenges and lockdown restrictions encountered during COVID-19 pandemic alongwiththe 1765 km long ±800 kV Raigarh – Pugalur HVDC transmission line traversing through five states, 400 kV D/c Pugalur – Arasur and 400 kV D/c Pugalur – Pugalur transmission lines. The commissioned elements will facilitate power flow of 1500 MW from Western Region to Southern Region ensuring reliable and quality power supply.
Other major assets commissioned during the quarter are, 400 kV D/C NNTPS – Ariyalur TL, 400 kV D/C Banaskantha – Radhanesda TL and ICTs at Gorakhpur, Bhuj, Radhanesda, Raigarh and Pugalur substations of POWERGRID.
POWERGRID’s physical assets along with its subsidiaries at the end of H1FY21, stood at 168,140 ckm of transmission lines, 252 substations and more than 419,800 MVA of transformation capacity.
With the adoption of latest technological tools and techniques, enhanced use of automation and digital solutions, POWERGRID maintained average transmission system availability of 99.83% during H1FY21.
Rajendra Kumar Agrawal (IRPS:2000), CVO, Coal Mines Provident Fund Organisation (CMPFO) has been prematurely repatriated to his parent cadre in order to enable him to join on the higher post (Proforma promotion).
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