Power Grid commences Swachhata Pakhwada 2022

Power Grid commences SwachhataPakhwada2022 & is spreading awareness through van and various activities being conducted in Gurugram NCR from 16 May-31 May, 2022. 

Power Grid commences Swachhata Pakhwada 2022
Power Grid commences Swachhata Pakhwada 2022

NEW DELHI- Power Grid commences SwachhataPakhwada2022 & is spreading awareness through van and various activities being conducted in Gurugram NCR from 16 May-31 May, 2022. 

Power Grid Corporation of India Limited is an Indian statutory corporation under the jurisdiction of Ministry of Power, Government of India and is headquartered in Gurugram, India and engaged mainly in transmission of bulk power across different states of India. Power Grid transmits about 50% of the total power generated in India on its transmission network. 

The Power Grid Corporation of India Limited 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 with 51.34% stake in the company as on 31 December 2020 and as principal electric power transmission company for the country.

POWERGRID emphasizes on the overall development of areas and communities around its establishments. It undertakes various community development schemes through provision of facilities like health, education, drinking water besides infrastructure like roads, community centers etc.

POWERGRID as a responsible Corporate Citizen developed its Environment and Social Policy and Procedures (ESPP) in 1998 to address the environmental and Socio-economic issues arising from its activities. The ESPP was revised in 2005 and 2009 after extensive discussions with the World Bank and through Public consultations.

POWERGRID came out with its policy on CSR in 2009 way before the issue of CSR guidelines by Department of Public Enterprises in 2010. The CSR policy was revised in 2013, in 2014 and again in 2021 to make it compliant with the revised DPE guidelines, Companies (Corporate Social Responsibility Policy) amendment rules 2021 under the Companies Act 2013.