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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

Power Minister Discussed with Powergrid Officials at WFES 2019

Abu Dhabi: Shri R.K. Singh, Minister of State for Power, New and Renewable Energy visited POWERGRID Stall at 'World Future Energy Summit 2019' (WFES) being held from 15 to 18 January 2018 in Abu Dhabi. He discussed with Powergrid Officials there. Complimenting efforts of POWERGRID h
Posted Date :  14-01-19

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Shri R.K. Singh Minister for Power Released a Book on Smart Grid

New Delhi: Union Minister (I/c) for Power & New and Renewable Energy, Shri R. K. Singh, released a book titled 'Smart Grid: Fundamentals & Applications' co-authored by Shri I. S. Jha, CMD, POWERGRID Limited, Dr. Subir Sen, COO (CTU Plg. & Smart Grid), Shri Rajesh Kumar, Sr. DGM (Smart
Posted Date :  08-01-19

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POWERGRID Received two Awards at CBIP Awards 2019

New Delhi: POWERGRID Ltd. won the Central Board of Irrigation & Power (CBIP) Award for ‘Best Performing Power Transmission Utility’. The award recognizes POWERGRID's 'Outstanding contribution to the Nation consistently by setting highest benchmarks in power transmission'. And the
Posted Date :  07-01-19

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Shri R k Singh Laid Down foundation Stone for Chandauti Sub-station

New Delhi: Shri R. K. Singh, Union Minister of State (Independent Charge) for Power, New & Renewable Energy, laid down the foundation stone for 400/220/132 KV POWERGRID Chandauti Sub-station which will supply power from Nabinagar Power station and supply to districts of Gaya, Rohtas and Aurangaba
Posted Date :  27-11-18

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Annual Cultural Meet and Handicraft Exhibition at POSOCO

Mumbai: Power System Operation Corporation Limited (POSOCO) organized the Annual Cultural Meet and Handicraft Exhibition-2018 at Mumbai recently. This event was inaugurated by Shri K.V.S. Baba, CMD, POSOCO by lighting the lamp. Ms. Bharati, Joint Secretary in the Ministry of Power, all Board
Posted Date :  14-11-18

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POWERGRID Conferred with Dun and Bradstreet Infra Award-2018

New Delhi: Power Grid Corporation of India (POWERGRID), has been conferred the 'Dun & Bradstreet Infra Award-2018' for Excellence in Power Transmission category. Shri K Sreekant, Director (Finance) received the award from Shri Amitabh Kant, IAS, Chief Executive Officer, NITI Aayog, Gover
Posted Date :  01-11-18

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POWERGRID Convenes Vendors Meet During Vigilance Awareness Week

New Delhi: Powergrid Corporation India Limited (POWERGRID) convenes Vendors’ Meet during Vigilance Awareness Week on 25th October 2018 at Corporate Center Gurugram.   Shri I S Jha, CMD, POWERGRID along with Shri V.K. Saksena CVO and Dy. CVO, interacted and engaged with vendors at Vendo
Posted Date :  27-10-18

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POWERGRID Pays Total Dividend of Rs. 2746.58 Crore

New Delhi: Powergrid Corporation of India Ltd. has declared the final dividend of Rs. 1464.84 Crore in addition to Rs. 1281.74 Crore of interim dividend for the Financial Year 2017-18, aggregating to Rs. 2746.58 Crore.    A cheque of Rs. 796.91 Crore towards final dividend for the year
Posted Date :  29-09-18

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Director HR of POSOCO Awarded

New Delhi: Ms. Meenakshi Davar, Director (HR), Power System Operation Corporation POSOCO has been felicitated as 'Women Super Achievers for Excellence in HR' under Women Leadership Excellence Awards by CMO Asia. She also has been awarded 'Innovative in HR practices' recently.
Posted Date :  25-09-18

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Prime Minister Dedicates IPDS Varanasi Project

New Delhi/Varanasi: Prime Minister of India, Shri Narendra Modi dedicated to the nation, the Integrated Power Distribution Scheme (IPDS) project of Old Kashi in Varanasi district on Tuesday. The project was dedicated in a function in the presence of Hon’ble CM of Uttar Pradesh, Shri Yogi Aditya
Posted Date :  18-09-18

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POSOCO Bags Award for Innovation in HR

New Delhi: Power System Operation Corporation Ltd. (POSOCO) has been adjudged amongst Top 50 Organisations for following Innovative in HR practices. Ms. Meenakshi Davar, Director (HR) received this Award in 17th Asia Pacific HRM Congress held in Bangalore recently.
Posted Date :  06-09-18

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POWERGRID NR-I Observes Swachhta Pakhwada

New Delhi: 'Swachhta Pakhwada' was observed from 16.08.2018 to 31.08.2018 in POWERGRID’s Northern Region-I, RHQ and in all the Sub-stations & establishments across the region. During this Pakhwada different activities were done to promote cleanliness and create awareness among the citiz
Posted Date :  05-09-18

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