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THE POWERS AND DUTIES OF OFFICERS AND EMPLOYEES

  • Powers and duties of officers (administrative, financial and judicial) and other employees
  • Rules/ orders under which powers and duty are derived and exercised and work allocation

Power Grid Corporation of India Limited was incorporated under the Companies Act, 1956. The Powers and Duties of Officers and Employees of the Company are in accordance with the provisions of the Companies Act, 1956, Memorandum of Association & Articles of Association of the Company, Works & Procurement Policy and Procedure (WPPP), Delegation of Powers, Operating Procedures, Code of Conduct Rules of the Corporation.

As per Memorandum of Association & Articles of Association of the Company, the business of the Company shall be managed by the Board of Directors subject to the compliance of conditions stipulated in Department of Public Enterprises Office memorandum No. DPE/11 (2)/97-Fin dated 22nd July, 1997 as modified from time to time.

Further, subject to provisions of section 179 and 180 of the Act, the Board may, from time to time, entrust and confer upon the Chairman, Managing Director, Director for the time being such of the powers as they may think fit and may confer such powers for such time and to be exercised for such objects and purposes and upon such terms and conditions and with such restriction as they may think expedient and may from time to time revoke, withdraw, alter or vary all or any such powers.

https://www.powergrid.in/memorandum-and-articles-association

https://dpe.gov.in/sites/default/files/power.pdf External Link

https://www.powergrid.in/wppp

POWERGRIDs Code of Conduct for Board Member (352.44 KB) PDF

POWERGRID Code of Conduct for Senior Management (332.76 KB) PDF

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