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power grid corporation of india

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 news

Secretary Power Compliments POWERGRID

POWERGRID displayed its transmission and energy related services at the 24th World Energy Congress in Abu Dhabi. ?HE Engineer Awaidha Murshed Ali Al Marar, Member of the Abu Dhabi Executive Council & Chairman of the Department of Energy, UAE visited POWERGRID POD and complimented POWERGRID for it
Posted Date :  17-09-19

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PFC Receiving First Prize Rajbhasha Keerti Puraskar 2018

New Delhi: Shri Rajeev Sharma, CMD, PFC receiving the prestigious ‘Rajbhasha Keerti Puraskar’ (First Prize) for the year 2018-19 from Hon'ble Union Home Minister, Shri Amit Shah in a function held at Vigyan Bhawan on 14th September, 2019. PFC received this coveted Award for 6th time in a
Posted Date :  14-09-19

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POWERGRID NER contributes for Flood Relief

GUWAHATI. For the benefit of the people of Assam, who were badly affected by floods, employees of POWERGRID NER contributed their one day salary to CM’s Relief Fund. A cheque of Rs 21,54,408/- was handed over to Hon’ble CM of Assam, Sh.Sarba Nand Sonwal.
Posted Date :  12-09-19

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POWERGRID knows their job and they are the best.

ABHUDHABI. POWERGRID meeting with Hon'ble Energy Minister of Nepal Sh. Barshaman Pun 'Ananta' in presence of Secretary Power,Ambassador Nepal and Jt.Secretary Energy Nepal. Secretary Power,Shri Subhash Chandra Garg on this occasion complimented that "POWERGRID knows their job and they
Posted Date :  12-09-19

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Shri Subhash Chandra Garg inaugurated the Power Pavilion

AbuDhabi. Secretary Power,India Shri Subhash Chandra Garg inaugurating the Power Pavilion at AbuDhabi on the occasion of World Energy Council event. CMD, NTPC Shri Gurdeep Singh,Director ( HR), POWERGRID, Shri Ravi P Singh also seen in the picture.
Posted Date :  10-09-19

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POWERGRID awarded for Swacchata initiative.

New Delhi. Hon’ble President of India, Shri Ram Nath Kovind presented the Swachh Bharat Award to POWERGRID under PSU Corporate Category for significant CSR contribution under the initiative of Swachh Iconic Places (SIP) andSwachh Bharat Kosh (SKP) at an event organized by Department of Drinking
Posted Date :  10-09-19

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PowerGrid Declares Rs 4356 cr dividend

NEW DELHI. Power Grid Corporation of India Ltd. (POWERGRID), has declared final dividend of Rs 1307.90 Crore in addition to Rs 3050.02 Crore of interim dividend for the Financial Year 2018-19 i.e. aggregating to Rs 4357.92 Crore.   An RTGS advice of Rs 698.81 Crore towards final dividend
Posted Date :  06-09-19

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30th Annual General Meeting of POWERGRID held at New Delhi

New Delhi: The 30th Annual General Meeting of POWERGRID was held at Manekshaw Centre, New Delhi. CMD addressed the shareholders and apprised them about the achievements and future plans of the company. CMD said, “The total dividend payout thus works to Rs.8.33 per share as against Rs.5.25 per s
Posted Date :  27-08-19

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POWERGRID won three Awards for its Best performance

NEW DELHI: POWERGRID for the second year in succession won the Dun & Bradstreet PSU Awards 2019 event. In a repeat of last year, the Company won three awards, including the Award for ‘Best Navratna Overall’.   The other awards were for ‘Electricity Sector: Transmission’ and ‘B
Posted Date :  23-08-19

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Chief Minister of Meghalaya Meets team POWERGRID

New Delhi: Chief Minister of Meghalaya, Shri Conrad K Sangma met Shri R. K. Chauhan, Director (Projects), Shri Ananta Sharma (ED-NER), Shri Rajeev Kumar (ED-NERSIP) Powergrid Corporation of India Limited & officials to discuss E-Mobility, Distribution system upgradation & progress on NERSIP in Me
Posted Date :  08-08-19

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POWERGRID Presence at Ujwal Himachal Pradesh

Shimla: POWERGRID is exhibiting at Ujwal Himachal Pradesh Chamba 2019 Exhibition at Chamba. It was inaugurated by Shri Hans Raj, Deputy Speaker, Himachal Pradesh. POWERGRID stall was thronged by visitors who were apprised about achievements and strengths of the Company.
Posted Date :  29-07-19

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Foundation Stone Laid for POWERGRID Vishram Sadan

Ranchi: Chief Minister of Jharkhand, Shri Raghubar Das laid the foundation stone of 'POWERGRID Vishram Sadan’ at RIMS Ranchi in presence of Chief Guest, Shri R. K. Singh, Union Minister of State (I/c) for Power, New & Renewable Energy, and Minister of State Skill Development and Entrepreneu
Posted Date :  15-07-19

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POWERGRID Signs MoU with IIT Roorkee

New Delhi: Power Grid Corporation of India Limited (POWERGRID), has signed MoU with IIT Roorkee to create a sustainable future through various Energy Management initiatives in areas like Space Cooling or Heating, Lighting and Fans, Water Pumping, Power Distribution, Waste to Energy, etc.  
Posted Date :  13-07-19

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POWERGRID and NTPC Limited Signed an MoU to Set-up NCDC

New Delhi: An agreement has been signed between NTPC Limited and POWERGRID for setting up National Electricity Distribution Company Ltd. (NEDCL) - a pan-India power distribution firm in an equal joint venture through JVC on 50:50 equity basis. 'The main aim is to undertake the business for di
Posted Date :  22-06-19

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