1. Home
  2.   Psu Companies In India
  3.   Power Grid Corporation of India Limited

Power Grid Corporation of India Limited

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 Limited news

Powergrid honoured with SHRM Excellence Award

New Delhi: Power Grid Corporation of India Limited has been declared the winner in the Excellence in Learning and Development (PSU) Category of SHRM Excellence Awards. This is the first award that the SHRM body has awarded to any PSU in India and Power Grid Corporation of India Limited has won th
Posted Date :  13-01-21

Read more

PowerGrid awarded with SKOCH Silver Award

New Delhi: PowerGrid Corporation of India Limited has been awarded the SKOCH Silver Award for its transformational performance in response to the COVID-19 pandemic. It acknowledged POWERGRID’s Skill Development and Employment generation program for sustainable growth of 200 underprivileged Wom
Posted Date :  08-01-21

Read more

Powergrid commissioned the first 400kV Digital Substation

Malerkotla: POWERGRID commissioned India’s first 400kV Digital Substation based on IEC 61850 Process Bus at Malerkotla, Punjab on 16th December 2020. With this POWERGRID becomes one of the very few utilities in the world to retrofit a complete substation with full digital technology. POWERG
Posted Date :  28-12-20

Read more

Powergrid provides support to Municipal Corporation Shimla

New Delhi: Power Grid Corporation of India Limited (POWERGRID) provides Compactor and Sweeping Machines to the Municipal Corporation Shimla under its CSR initiatives.    Urban Development Minister, Himachal Pradesh, Shri Suresh Bhardwaj inaugurated Compactor and Sweeping Machine
Posted Date :  24-12-20

Read more

Powergrid conferred with SHRM HR Excellence Award

New Delhi: Power Grid Corporation of India Limited, an Indian state-owned Maharatna company which is engaged mainly in Transmission of Power has been conferred “SHRM HR Excellence Award in Learning and Development” at SHRM India Annual Conference & Expo 2020.   
Posted Date :  16-12-20

Read more

Powergrid signed MoU with SGPGIMS for Tele-ICU

Lucknow: Power Grid Corporation of India Limited (POWERGRID) signed an MoU with Sanjay Gandhi Post Graduate Institute of Medical Sciences (SGPGIMS), in the presence of Shri Yogi Adityanath, Hon’ble Chief Minister of Uttar Pradesh for establishing POWERGRID –SGPGIMS Tele–ICU in t
Posted Date :  14-12-20

Read more

PowerGrid Patna ranked first in Swachh Govt Office Survey 2020

Patna: Patna Municipality has been given first place during the Swachh Govt Office Survey 2020 located in Patna Municipality of Power Grid Eastern Region-I Headquarters. Patna Municipal Corporation surveyed all government offices located in Patna.   On 13 December 2020, Chief Genera
Posted Date :  14-12-20

Read more

POWERGRID posts Profit After Tax of Rs 3117 crore for Q2FY21

Gurgaon: 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 Rs 3,094 crore and Total Income of Rs  9,831 crore on consolidated basis f
Posted Date :  12-11-20

Read more

Power Grid celebrates its 31st Raising Day

Gurugram: POWERGRID celebrates the 31st Raising Day in spirit of all employees and stakeholders who were part of more than three-decade journey of the Maharatna Company. The ceremony was held at Corporate Centre, Gurugram complying with all COVID-19 protocols and witnessed the presence
Posted Date :  26-10-20

Read more

IEC award presented to Shri BN De Bhowmick ED POWERGRID

New Delhi: The International Electrotechnical Commission has awarded the prestigious IEC 1906 Award to Shri B. N. De Bhowmick, ED (TD) POWERGRID and Expert of IEC Technical Committee 122, UHVAC Transmission Systems.   It recognises the major inputs made in furthering standardisa
Posted Date :  14-10-20

Read more

POWERGRID signed MoU with Ministry of Power Govt. of India

New Delhi: Power Grid Corporation of India Ltd. (POWERGRID) has signed Memorandum of Understanding (MoU) with Ministry of Power, Govt. of India on September 29, 2020. The MoU has been signed by Shri Sanjiv Nandan Sahai , Secretary (Power), Government of India and Shri K. Sreekant, Chairman & Mana
Posted Date :  30-09-20

Read more