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In Memory of Rajat Deb: Inspiring Man of Ideas and Remarkable Silicon Valley Archetype

By Anjuli Deb -- With deep sadness and profound appreciation, we share the passing of LCG's founder, Dr. Rajat K. Deb. He was our president and one of the first entrepreneurs in the computer revolution. He was also our friend, our teacher and mentor, and for a few of us, our father and grandfather.

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PJM Releases New Five-Year Strategy Plan

LCG, August 20, 2026--PJM released its new five-year strategy yesterday, entitled "Shaping a Powerful Change, Working to Perfect the Flow of Energy." The strategy specifies PJM’s mandate to be a mission-driven organization that serves the public interest as a FERC-authorized RTO. PJM's strategy plan outlines the need to meet the demands of accelerating load growth amid constrained capacity and a rapidly evolving industry. The plan states, "We are clear about our priorities: Reliability is our North Star.”

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Industry News

Allegheny Energy May Delay Annual Report

LCG, Mar. 10, 2003--A thorough analysis of prior years' financial statements may cause Allegheny Energy to have to release its 2002 Form 10-K and its annual report after March 31st.

The company has been receiving assistance in looking for financial statement errors from independent accountants while the audit of its 2002 results is being conducted. Allegheny plans to restate its books from the first two quarters of last year, and possibly all results through September 30th, 2002. The cause of the investigation was the discovery of errors in certain business units' calculations.

Allegheny obtained a credit faciity worth $2.4 billion last month, enabling it to avoid filing for bankruptcy. The energy company disclosed last week that chairman, president and chief executive Alan J. Noia would retire following a 34-year tenure. Noia will remain at the company until a successor is selected.
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