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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 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

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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

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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

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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

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The foundation stone of Lilo construction project

New Delhi: Hon ' ble Minister of State (Independent Charge) (Electrical & Innovative & Renewable Energy) & Minister of State (Skill Development & Entrepreneurship), Govt of India Shri R K. 400/220/132 k of power grid by Singh. V. 400 k at saharsa sub-centre. V. The foundation stone of Lilo co
Posted Date :  14-09-20

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Power Grid constructed Aryabhatta male hostel at Science College

Mumbai: Historical and renowned educational institute of Darbhanga C. M. The building of the Aryabhatta male hostel at Science College will be constructed by the Maharatna Company Power Grid Corporation of India Limited (Power Grid) by its Corporate Social Responsibility (CSR) item. Today, the fo
Posted Date :  13-09-20

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Raigarh pugalur HVDC Pole I put into commercial operationa

New Delhi: POWERGRID commissions Pole-1 of the Raigarh Pugalur HVDC Transmission system comprising {1500 Mega Watt (MW)} +800 kilovolt (kV), Raigarh HVDC Terminal Station (Chhattisgarh) & Pugalur HVDC Terminal Station (Tamil Nadu) along with 1765 kms long ±800 kV, HVDC line from Raigarh to Pugal
Posted Date :  09-09-20

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Powergrid signed an MoU with NHAI

New Delhi: An MoU has been signed with National Highways Authority of India - NHAI for dismantling of part of the existing 400 kV Patna-Balia 1&2 Patna-Balia 3&4 & 400 kV DC Biharsharif-Balia Transmission Lines of POWERGRID and Diversion/ Shifting of the same.
Posted Date :  26-08-20

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POWERGRID signs an MoU with ACTREC

New Delhi: POWERGRID signed an MoU with Advance Centre for Treatment, Research and Education in Cancer (ACTREC), Tata Memorial Centre (TMC), a Cancer Research Institute, under Department of Atomic Energy, Govt. of India for construction of “POWERGRID OT COMPLEX” - a Modular Operation Theatre
Posted Date :  25-08-20

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