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power grid corporation of india

The Power Grid Corporation of India Limited, is an Indian state-owned electric utilities company headquartered in Gurugram, India. POWERGRID transmits about 50% of the total power generated in India on its transmission network.

The Power Grid Corporation of India Limited (POWERGRID), (NSE: POWERGRID, BSE: 532898) is an Indian state-owned electric utilities company headquartered in Gurugram, India. POWERGRID transmits about 50% of the total power generated in India on its transmission network. Its former subsidiary company, Power System Operation Corporation Limited (POSOCO) handles power management for National Grid and all state transmission utilities. POWERGRID also operates a telecom business under the name POWERTEL. I S Jha, an alumnus of National Institute of Technology, Jamshedpur serves as the Chairman and Managing Director of the company.
 
Power Grid Corporation of India Limited (POWERGRID) was incorporated on 23 October 1989 under the Companies Act, 1956 with an authorized share capital of Rs. 5,000 Crore (subsequently enhanced to Rs. 10,000 Crore in Financial Year (FY) 2007-08) as a public limited company, wholly owned by the Government of India.
 
Its original name was the 'National Power Transmission Corporation Limited', and it was charged with planning, executing, owning, operating and maintaining high-voltage transmission systems in the country. On 8 November 1990, the National Power Transmission Corporation received its Certificate for Commencement of Business. Their name was subsequently changed to Power Grid Corporation of India Limited, which took effect on 23 October 1992.
 
POWERGRID started functioning on management basis with effect from August, 1991 and subsequently it took over transmission assets from NTPC, NHPC, NEEPCO, NLC, NPC, THDC, SJVNL etc. in a phased manner and it commenced commercial operation in 1992-93. In addition to this, it also took over the operation of existing Regional Load Despatch Centers (RLDCs) from Central Electricity Authority (CEA), in a phased manner from 1994 to 1996, which have been upgraded and modernized with State of-the-art Unified Load Despatch and Communication (ULDC) schemes. Consequently, National Load Despatch Centre (NLDC) was established in 2009 for overall coordination at National level.
 
According to its mandate, the Corporation, apart from providing transmission system for evacuation of central sector power, is also responsible for Establishment and Operation of Regional and National Power Grids to facilitate transfer of power within and across the Regions with Reliability, Security and Economy on sound commercial principles. Based on its performance POWERGRID was recognized as a Mini-ratna category-I Public Sector Undertaking in October 1998 and conferred the status of "Navratna" by the Government of India in May 2008. POWERGRID, as the Central Transmission Utility of the country, is playing a major role in Indian Power Sector and is also providing Open Access on its inter-State transmission system.

 

power grid corporation of india news

Foundation Stone Laid for POWERGRID Vishram Sadan

Ranchi: Chief Minister of Jharkhand, Shri Raghubar Das laid the foundation stone of 'POWERGRID Vishram Sadan’ at RIMS Ranchi in presence of Chief Guest, Shri R. K. Singh, Union Minister of State (I/c) for Power, New & Renewable Energy, and Minister of State Skill Development and Entrepreneu
Posted Date :  15-07-19

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POWERGRID Signs MoU with IIT Roorkee

New Delhi: Power Grid Corporation of India Limited (POWERGRID), has signed MoU with IIT Roorkee to create a sustainable future through various Energy Management initiatives in areas like Space Cooling or Heating, Lighting and Fans, Water Pumping, Power Distribution, Waste to Energy, etc.  
Posted Date :  13-07-19

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POWERGRID and NTPC Limited Signed an MoU to Set-up NCDC

New Delhi: An agreement has been signed between NTPC Limited and POWERGRID for setting up National Electricity Distribution Company Ltd. (NEDCL) - a pan-India power distribution firm in an equal joint venture through JVC on 50:50 equity basis. 'The main aim is to undertake the business for di
Posted Date :  22-06-19

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POWERGRID Celebrated International Yoga Day

New Delhi: On the occasion of the 5th International Yoga Day in all the areas of Powergrid, senior officers and personnel participated in yoga related activities. Director (Finance), Director (operating) & Director (project) attended the event organized at  hall on this occasion. Director of the
Posted Date :  22-06-19

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POWERGRID Participates in EI Asia 2019

Bangalore: Powergrid Corporation of India Limited (POWERGRID) stall at ELASIA-2019 EXHIBITION (El Asia 2019), international exhibition on power, electrical, control and lighting in Bangalore, the stall was inaugurated by Shri Naresh Kumar, GM, Corporate Communication, POWERGRID today along with t
Posted Date :  21-06-19

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POWERGRID s PAT Crossed 10000 Crore in FY - 2018 -19

New Delhi: Power Grid Corporation of India Limited (POWERGRID), a ‘Navratna’ Company under Ministry of Power, Government of India and the ‘Central Transmission Utility (CTU)’ of the country, crossed Rs. 10,000 Crore profit for the first time as it posted a Profit After Tax of Rs. 10,034 C
Posted Date :  30-05-19

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CMD POWERGRID meets Chief Minister Himachal Pradesh

New Delhi: Shri Ravi P. Singh, Chairman and Managing Director POWERGRID along with ED (BDD) POWERGRID and team held a meeting with Chief Minister of Himachal Pradesh, Shri Jairam Thakur at Himachal Sadan, New Delhi regarding development and strengthening of solar transmission and other transmissi
Posted Date :  28-05-19

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POWERGRID Signed an MoU with GoI for Financial Year 2019-20

New Delhi: POWERGRID has signed an Memorandum of Understanding (MoU) with Ministry of Power, Government of India for Financial Year 2019-20 on 24th May 2019 in New Delhi.   The MoU was signed by Shri Ajay Kumar Bhalla, Secretary (Power), Government of India and Shri Ravi P. Singh, Chairm
Posted Date :  25-05-19

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POWERGRID Helps Restore Power in Fani Affected Odisha

New Delhi: Power Grid Corporation of India Ltd. (POWERGRID) played a major role in quick restoration of power supply in the state of Odisha which was badly affected by the cyclone ‘Fani’, recently on May 3, 2019. Reportedly the strongest tropical cyclone to hit coastal areas in last 20 years,
Posted Date :  14-05-19

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Shri Deepak Kashyap Assumes Charge as CVO POWERGRID

New Delhi: Shri Deepak Kashyap has assumed charge of the post of Chief Vigilance Officer (CVO) in Power Grid Corporation of India Ltd. (POWERGRID). He is a graduate in English (Hons.) from Patna University and a 1986 batch officer of Indian Railway Traffic Service. He has held various key posts i
Posted Date :  13-05-19

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Shri K Sreekant selected for CMD, POWERGRID

New Delhi: PESB has recommended the name of Shri Kandikuppa Sreekant, as Director (Finance), Powergrid Corporation of India Ltd. (POWERGRID) for the post of Chairman & Managing Director. Prior to this, he was appointed as Director (Finance) of the company. He also served as General Manager (F
Posted Date :  02-05-19

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Dr. R K Srivastava CGM Powergrid ESMD Felicitated

New Delhi: Dr. R K Srivastava, CGM (I/c), Powergrid ESMD has been felicitated by Mr. Eric Hespenheide, Chairman and Mr. Tim Mohin, CEO of the Global Reporting Initiative (GRI), Netherlands, for his remarkable contribution in areas of Sustainable Development & Corporate Sustainability practices.
Posted Date :  01-05-19

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Vice President of India Inaugurates GRIDTECH-2019

New Delhi: Vice President of India, Shri M. Venkaiah Naidu, inaugurated GRIDTECH-2019, 6th International Exhibition and Conference today on 3rd April 2019. This international event has been organized by PowerGrid Corporation of India Limited (POWERGRID), with the support of Ministry of Power, Gov
Posted Date :  03-04-19

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Vice President of India Inaugurated GRIDTECH-2019

New Delhi: Vice President of India, Shri M. Venkaiah Naidu, inaugurated GRIDTECH 2019, the 6th International Exhibition and Conference GRIDTECH-2019 today on 3rd April 2019. He visited Powergrid Stall at the event. This prestigious International event is being organized by Power Grid Corporation
Posted Date :  03-04-19

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Powergrid Celebrates International Women Day

New Delhi: Power Grid Corporation of India (POWERGRID) celebrated International Women’s day at PAL Manesar on 8th March 2019. The HRD team organised a number of programs for female employees pertaining to women empowerment. Smt. Seema Gupta, Director (Operations), POWERGRID inspired the women e
Posted Date :  20-03-19

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POWERGRID has been Conferred with ET 2 GOOD Rating

New Delhi: POWERGRID has been conferred with ‘ET 2 GOOD' rating at the 2nd edition of ET 2GOOD 4GOOD Ratings conferral ceremony held at New Delhi.    POWERGRID was the only Power Sector CPSE to be conferred with the Rating at the ceremony. The Rating commends the All-Round Excelle
Posted Date :  04-03-19

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