Power Grid Corporation of India Limited is a transmission company engaged in the power transmission business with responsibility for planning, implementation, operation and maintenance of inter-state transmission system and operation of national and regional load dispatch centres. The company's segments include transmission and consultancy. The transmission segment includes extra high voltage/high voltage (EHV/HV) networks and grid management. It also owns EHV alternating current (AC) and HV direct current (HVDC) sub-stations. The consultancy segment includes planning, design, engineering, load dispatch, procurement management, operation and maintenance, financing, and project management.
Company source: https://www.powergridindia.com/
Power Grid Corporation of India Limited
In June 2021, Power Grid Corporation of India Ltd. (PGCIL) acquired transmission project Sikar-II Aligarh Transmission Ltd. (SATL), which will evacuate electricity from 8.1 GW solar energy zones in Rajasthan.
In March 2021, Power Grid acquired Ramgarh New Transmission Ltd. to establish a transmission system strengthening scheme for evacuation of power from solar energy zones in RajasthanOn 11 February 2021, the company acquired a 74% stake in Jaypee PowerGrid
Power Grid to Monetise Transmission Assets of Rs. 70 billion (US$ 951.63 million) through the infrastructure Investment Trust (InvIT) model
|2019||Power Grid received CBIP Awards, 2019 for ‘Best Performing Power Transmission Utility’ and ‘CBIP Special Jury Award for Innovation Excellence in Power Transmission’|
|2018||Awarded EEI Asia-Oceania Index Award at EEI for Highest Total Shareholder Returns in Gold Large Capitalization category|
|2017||Power Grid was conferred the Best Performing Power Transmission Utility Award by Central Board of Irrigation and Power (CBIP)|
|2009||The company was awarded first prize at Indian Electrical and Electronics Manufacturers Association (IEEMA) Power Awards.|
|2008||The company was declared as a Navratna public sector undertaking by the Government of India.|
|2003||The company entered into a joint venture arrangement with The Tata Power Company Limited implementing a part of the entire transmission system associated with Tala Hydro-Electric Project.|
|2002||The company was commissioned contributing towards the development of the first phase of the construction of the National Grid.|
|1998||The company was declared as a Mini Ratna Category I public sector undertaking by the Government of India.|
|1992||The name of the company was changed from “National Power Transmission Corporation Limited” to “Power Grid Corporation of India Limited”.|
|1989||The company was incorporated as “National Power Transmission Corporation Limited”.|