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

Ms Seema Gupta Assumes Charge As Director Of Finance At PowerGrid

New Delhi: Power Grid Corporation Director (operations) , Ms Seema Gupta has assumed additional charge of as Director (finance) of the company for a period of three months , till the appointment of regular incumbent of the post, or until further orders, whichever is the earliest,” a company st
Posted Date :  15-05-20

Read more

POWERGRID operates relief operation at over 270 locations

New Delhi: Power Grid  is operating Relief campaign (free ration distribution etc )  over 270 remote location of the country has benefitted  more than 1.85 lakh villegers . During the campaign , which is under operation in surrounding villages of Power Grid Corporation net work have provided a
Posted Date :  01-05-20

Read more

POWERGRID relief campaigns benefits over 81000 in 200 locations

New Delhi: POWERGRID has not just been ensuring uninterrupted 24x7 transmission of power but also acting proactively by taking up humanitarian relief activities to aid those impacted by the pandemic in India. PSU is also distributing food packets/groceries to its contractual workers, laborers and
Posted Date :  15-04-20

Read more

A big salute to our grid operators

New Delhi: Shri Indu Sekhar Jha , Formr CMD , POWERGRID has Congratulated to all you for showing solidarity in yesterday’s lighting event at 9 pm. Reportedly It’s impact on the grid was about 30,000 MW , more than 2 times what we expected. Still Grid remained stable. It proves robustness and
Posted Date :  06-04-20

Read more

POWERGRID Commits Rs. 200 Crore To PM CARES Fund

New Delhi: The COVID-19 pandemic is a cause of great concern while the whole nation is locked down, POWERGRID, the Central Transmission Utility of India, has been ensuring uninterrupted 24x7 power supply. As a Responsible Corporate Citizen, POWERGRID has contributed ?130 Crore to Prime Minist
Posted Date :  31-03-20

Read more

Powergrid Bags Excellence Award For Internal Communication Campaign

BANGLORE: POWERGRID Corporate Communication Deptt has received the PRCI Corporate Communication Excellence award for Internal. Communication Campaign of the year 2020 during the PRCI Global Communicators Conclave held at Banglore today . Shri Naresh Kumar , GM ( CC) , POWER GRID received the awar
Posted Date :  07-03-20

Read more

Powergrid Organised Campus Recruitment Program 2019

New Delhi: Power Grid Corporation of India Limited (POWERGRID), a ‘Maharatna’ Enterprise under Ministry of Power, Government of India organised Campus Recruitment Program 2019 in NIT Srinagar. Under this program 13 Engineers have been recruited from various branches of Engineering – 7 from
Posted Date :  26-02-20

Read more

POWERGRID signs MoU with CIPET

NEW DELHI .POWERGRID signed MoU with Central Institute of Plastic Engineering & Technology (CIPET) an autonomous institute under the aegis of Ministry of Chemicals & Fertilizers, Govt. of India today, for providing Skill Development training to 160 underprivileged/unemployed youth of society, und
Posted Date :  18-02-20

Read more

POWERGRID signed MoU with UETCL

New Delhi: Contract Agreement for project Management Consultancy services for 132 KV Transmission Lines and Substations in Uganda was signed today between POWERGRID and UETCL - Uganda Electricity Transmission Company Limited in Kampala, Uganda. The agreement was signed by Mr. Anil Mehra, Exec
Posted Date :  13-02-20

Read more

POWERGRID signed MoU with Kendriya Sainik Board

New Delhi: POWERGRID signed MoU with Kendriya Sainik Board, New Delhi, a nodal organization of the Govt. of India, Ministry of Defence, today for Contribution to Armed Forces Flag Day Fund (AFFDF) with the objective of Education Grant for Children of Ex-Servicemen, Martyrs and their widows,
Posted Date :  12-02-20

Read more

Shri V K Singh assumes charge of director personnel POWERGRID

NEW DELHI: Shri Vinod Kumar Singh has assumed the charge of Director (Personnel) of Power Grid Corporation of India Limited (POWERGRID) on 1st February, 2020. Prior to his joining as Director (Personnel), he worked as Senior General Manager (Human Resource Development) handling flagship projects
Posted Date :  01-02-20

Read more

POWERGRID Q3 net profit rises 15 pct to 2673 crore

New Delhi. Power Grid Corporation of India Limited has posted a Profit After Tax of ?2,673 crore and Total Income of ?9,497 crore for the third quarter (Oct-Dec,2019)on standalone basis.   On a consolidated basis, the Company has posted Profit After Tax and Total Income of ?2,672crore an
Posted Date :  01-02-20

Read more

H. E. Shri Bento Albuquerque Visited POWERGRID Manesar Complex

New Delhi: High-level delegation led by H. E. Mr. Bento Albuquerque, Hon’ble Minister of Mines & Energy, Brazil visited POWERGRID Manesar Complex on 27 January 2020. The Brazilian delegation was accompanied by officials from the Ministry of Power, Ministry of External Affairs and POWERGRID.
Posted Date :  28-01-20

Read more

POWERGRID accredited registered education provider of PMI

Mumbai: POWERGRID, becomes the first Indian PSU to be accredited as Registered Education Provider (R.E.P.) of Project Management Institute (PMI) the world's leading association for those who consider project, program or portfolio management their profession. With this accreditation, POWERGRID
Posted Date :  23-01-20

Read more

POWERGRID accredited registered education provider of PMI

Mumbai: POWERGRID, India’s largest Electric Power Transmission Utility and a Maharatna Company, becomes the first Indian PSU to be accredited as Registered Education Provider (R.E.P.) of Project Management Institute (PMI)®, the world's leading association for those who consider project, pr
Posted Date :  21-01-20

Read more