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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 consolidated PAT of Rs 12,036 crore FY21

New Delhi: Power Grid Corporation of India Limited (POWERGRID), a Maharatna CPSU under the Ministry of Power has posted a Total Income of Rs 40,824 crore and Profit After Tax of Rs 12,036 crore on a consolidated basis for the financial year ended March 31, 2021, registering a growth of 6 % and
Posted Date :  18-06-21

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Powergrid taken up sustained efforts towards healthcare

New Delhi: Power Grid Corporation of India Limited (POWERGRID) is a Maharatna PSU under the Ministry of Power, Government of India. POWERGRID has taken up sustained efforts for aligning its CSR with the vision of the Government of India’s numerous development efforts for the country.As part of the
Posted Date :  10-06-21

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PowerGrid helps to restore power to DIU after Taukte cyclone

New Delhi: Power Grid Corporation of India Limited (POWERGRID), a Maharatna CPSU under the Ministry of Power, Government of India, was assigned the task of restoring 220 kV Timbdi-Dhokadva and Savarkundla-Dhokadva Transmission Lines feeding power to Diu following extensive damage due to the Taukte c
Posted Date :  31-05-21

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PowerGrid organises COVID19 vaccination camp in Bengaluru

Bengaluru: Government of India Maharatna CPSU, Power Grid Corporation of India Limited (POWERGRID) has been organising a number of vaccination drives across the country for its employees and their families to safeguard them from the COVID 19 pandemic. Vaccination camps are being organised in all the
Posted Date :  24-05-21

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Powergrid vaccinated around 2600 people in NCR territory

New Delhi: POWERGRID Corporation of India Ltd, a Maharatna PSU under the Ministry of Power, has organised vaccination camps in many locations for its employees at its establishments across the country like Kota, Bhiwadi, Misa, Namsai, Rourkela, Ara, Biharsharif, Saharsa, and Muzaffarpur etc . For al
Posted Date :  20-05-21

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PowerGrid completes work of Railway Crossing Span

New Delhi: PowerGrid Corporation of India Limited completed stringing work of Railway Crossing Span in section 85/0 to 86/0 of 765 kV D/C Medinipur-Jeerat Transmission Line between Railway Belmuri and Dhaniakhali Halt under Eastern Railway, Howrah Division. With the completion of this last cros
Posted Date :  18-05-21

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POWERGRID takes various initiatives to fight COVID-19

New Delhi: Power Grid Corporation of India Limited (POWERGRID), a ‘Maharatna’ Company under Ministry of Power, Government of India has actively taken up various initiatives for extending timely help to its employees in all its offices across the country.Vaccination is the most crucial weapo
Posted Date :  15-05-21

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PowerGrid dedicated 400 kV D/C NNTPS-Ariyalur Transmission Line

New Delhi: An Indian government electricity board and a Maharatna Public Sector Undertaking PowerGrid has dedicated 400 kV D/C NNTPS-Ariyalur Transmission Line as part of Bharat Ka Amrit Mahotsav celebrations. 400 kV D/C NNTPS-Ariyalur Transmission Line for evacuation of power from NN
Posted Date :  08-05-21

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PowerGrid InvIT set to announce IPO, Check out the dates

New Delhi: Power Grid Corporation of India Limited, a Maharatna Public Sector Undertaking to announce the IPO of its first Infrastructure investment trust ‌(InvIT). The IPO will be open on April 29 and set to close on May 3, 2021. The PowerGrid Infrastructure Investment Trust mentioned tha
Posted Date :  26-04-21

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