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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

Drone Based Transmission Line patrolling by POWERGRID

NEW DELHI- Power Grid Corporation of India Limited (POWERGRID) has initiated use of drones for EHV (Extra High Voltage) transmis-sion line patrolling to identify defects using high resolution cameras.  Drones are being deployed for activities such as tower inspection, clearance measurement &
Posted Date :  21-03-23

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Power Minister presented CBIP Award to POWERGRID

NEW DELHI- Hon’ble Union Minister for Power & NRE, Sh. R. K. Singh presented the CBIP Award for ‘Best Performing Power Transmission Utility - Central Sector’ to POWERGRID. The award was received by Sh. R. K. Tyagi, Director (Operations) POWERGRID.
Posted Date :  06-03-23

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POWERGRID conferred with five awards at 9th PSU Awards

NEW DELHI- POWERGRID has been conferred with five awards - CSR Leader; Environment & Sustainability; National Building Award; Research & Innovation Award and Digital PSU Award by Governance Now at the 9th PSU Awards. Dr. V. K. Singh, Director (Personnel) was honored with CSR Leader Award
Posted Date :  17-02-23

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Power Grid CMD visits Smart Meter stall at India Energy Week 2023

Bengaluru: Sh. K. Sreekant, Chairman and Managing Director, Power Grid Corporation of India Ltd., as he visited the Smart Meter stall at the India Energy Week 2023 exhibition in Bengaluru. Delegates & visitors from across the world visited the stall on the first day of the exhibition. At the
Posted Date :  07-02-23

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PowerGrid awarded with prestigious 2022 Platts Global Energy Award

New Delhi: Power Grid Corporation of India Limited, an Indian central public sector undertaking (CPSE) under the ownership of Ministry of Power, Government of India (PowerGrid) has been awarded with the prestigious 2022 Platts Global Energy Awards in the Corporate Impact Award - Critical Response ca
Posted Date :  09-12-22

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Shri Ravi P Singh, Former CMD, Powergrid Passes away

New Delhi: Shri Ravi P Singh, Chief Executive Officer, of the Power Sector Skill Council (PSSC), and Former Chairman and Managing Director and Former Director (Personnel), of Powergrid Corporation of India, passed away yesterday, on November 16, 2022.  A highly decorated globa
Posted Date :  17-11-22

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PowerGrid Q2 Results: Profit hikes 8% at Rs 3,651 cr

New Delhi: India's Maharatna Public Sector Enterprise of Govt. of India Power Grid Corporation Limited (PGIL) on 5 November 2022 announced its second quarter result for the current fiscal year.  The company reported an increase of 8 percent in its consolidated net profit at Rs 3,650 cror
Posted Date :  05-11-22

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G. Ravisankar takes over as Director (Finance) of POWERGRID

New Delhi: Shri G. Ravisankar has assumed the charge of Director (Finance) of Power Grid Corporation of India Limited (POWERGRID), Prior to this, he was working as Executive Director (Finance) at POWERGRID. An accomplished technocrat, he has post qualification experience of 32 years, serving pred
Posted Date :  23-09-22

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PowerGrid to source 50% of its Electricity Consumption by 2025

New Delhi: An Indian PSU, Power Grid Corporation of India Limited to Source 50% of its Electricity Consumption from Non-fossil Sources by the year 2025 Roof Top Solar (RTS) Systems with an aggregate capacity of 7.6 MWp installed at 118 locations contribute to a CO2 emission reduction of 9,300 MT/
Posted Date :  01-09-22

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Ravindra Kumar Tyagi joins PowerGrid as Director-Operations

New Delhi: Mr. Ravindra Kumar Tyagi has joined as Director (Operations) at Power Grid Corporation of India Limited (POWERGRID) on 12th August 2022. He is having work experience of over 32 years in Power Transmission systems, out of which over 26 years are in Operation and Maintenance (O&M) of Su
Posted Date :  13-08-22

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PowerGrid is among Top 500 companies in Power sector

New Delhi: Indian public sector undertaking Power Grid Corporation of India Limited has been recognised among Dun & Bradstreet India's Top 500 Companies 2022 in the Power Transmission & Distribution sector.  The company transmits about 50% of the total power generated in Ind
Posted Date :  14-07-22

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PowerGrid recognised as Top 100 Best Companies

New Delhi: Power GridCorporation of India Limited has been once again recognised as Top 100 Best Companies to Work For in India in 2022 by Great Place to Work with unique distinction as the only PSU in Top 100.  It also won 3 more awards for being amongst the Best Employers in Energy, Nation
Posted Date :  19-06-22

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