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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

PowerGrid changed its Web address, know the more details here

New Delhi: The largest power transmission company in the world, PowerGrid Corporation of India Limited has recently changed its web address. To know the details about the company and further important notices you can now visit the latest website launched by PowerGrid.   The website can be
Posted Date :  16-04-21

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PowerGrid inks MoU with National Foundation for Communal Harmony

New Delhi: POWERGRID today signed an MoU with the National Foundation for Communal Harmony (NFCH), an autonomous organisation under the Ministry of Home Affairs, Government of India for financial assistance to violence-affected students from Assam, Manipur and Chhattisgarh. Shri V. K. Singh, Directo
Posted Date :  23-03-21

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PowerGrid Launched E-Tendering Portal PRANIT

New Delhi: Power Grid Corporation of India Limited (POWERGRID), a central PSU under the Ministry of Power has established an e-Tendering Portal-PRANIT which will lead to less paperwork and ease of operation, making the tendering process more transparent. It has been certified by Standardisation, Tes
Posted Date :  23-03-21

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Powergrid signs agreement with Jaiprakash Power Venture Limited

Gurugram: Power Grid Corporation of India Limited (POWERGRID) has signed a Share Purchase Agreement with Jaiprakash Power Ventures Limited (JPVL) to acquire a 74% stake in Jaypee Powergrid Limited-JV (JPL) in which POWERGRID holds 26% equity, will become a wholly-owned subsidiary of POWERGRID follow
Posted Date :  19-03-21

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Powergrid launches certified E-Tendering portal

Gurugram: Power Grid Corporation of India Limited (POWERGRID) has established an e-Tendering Portal-PRANIT which will lead to less paperwork and ease of operation, making the tendering process more transparent. It has been certified by Standardisation, Testing and Quality Certification Directorate (
Posted Date :  16-03-21

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PowerGrid signed MoU with Manipur State Power Corporation Limited

New Delhi: India’s largest Electric Power Transmission Utility Power Grid Corporation of India Limited, a “Maharatna” Central Public Sector Enterprise signed an agreement with Manipur State Power Corporation Limited for Operation and Maintenance of four 400 kV Thoubal ckt I &a
Posted Date :  15-03-21

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Power Grid Corporation acquires Ramgarh New Transmission Limited

New Delhi: On being declared as a successful bidder under Tariff Based Competitive Bidding (TBCB), Power Grid Corporation of India Limited (POWERGRID) on 9th March 2021 has acquired Ramgarh New Transmission Limited (RNTL) which is the Project company to establish Transmission System Strengthening Sc
Posted Date :  10-03-21

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Assam CM inaugurates three substations constructed by Powergrid

New Delhi: Hon'ble Chief Minister of Assam, Shri Sarbanada Sonowal inaugurated three Sub-stations (Bogibeel, Chabipool, and Hathimurha) constructed by POWERGRID under the NERPSIP scheme. These Sub-stations have improved the stability and quality of power in areas of Guwahati & Dibrugarh.&nbs
Posted Date :  02-03-21

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Powergrid participating in GoElectric Exhibition and Conference

New Delhi: Powergrid is participating in GoElectric Exhibition and Conference being held today at Vigyan Bhawan, New Delhi. The Exhibition was inaugurated by Cheif guest Sh Nitin Gadkari Ji Hon’ble Minister of Road Transport & Highways and guest of honour Sh R K Singh Ji Minister of State
Posted Date :  19-02-21

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PowerGrid's PAT rise by 10 percent to Rs 8420 crore

New Delhi: Power Grid Corporation of India Limited (POWERGRID), a ‘Maharatna’ Company under Ministry of Power, Government of India has posted Profit After Tax and Total Income for the nine months ended 31st December 2020 on a standalone basis as Rs 8,420 crore and Rs 29,822 crore respect
Posted Date :  11-02-21

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Powergrid western region II provides vacuum road sweeping machine

Bhopal: Powergrid Western Region-II C. S. Bhopal Municipal Corporation under RK (B. M. C) provided a 6.5 cubic meter capacity truck-mounted vacuum road sweeping machine at a cost of Rs 79.14 lakhs.  This vacuum road sweeping machine Mr. Bhupendra Singh, Hon ' ble Minister of Urban Develo
Posted Date :  10-02-21

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Powergrid won three major projects on build, own, operate basis

New Delhi: Power Grid Corporation (PGCIL) of India, a state-owned Maharatna power company has won three major power transmission projects in Rajasthan through competitive bidding. These power projects are built to evacuate 8.1 GW of power from solar energy zones in the state. In December 2020 REC
Posted Date :  04-02-21

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