Power Grid Corporation of India Limited
Power Grid Corporation of India Limited, is an Indian government electricity board and a Maharatna Public Sector Undertaking owned by 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. It was established in 1989. Power Grid transmits about 50% of the total power generated in India on its transmission network. It is also certified for PAS 99. It is India’s largest Electric Power Transmission Utility.
POWERGRID had set its Vision of World Class, Integrated, Global Transmission Company with Dominant Leadership in Emerging Power Markets Ensuring Reliability, Safety and Economy.
Company’s CSR activities covers the thrust areas such as Education, Health, Skill Development, Rural Development, Environment, Drinking Water & Sanitation, etc. POWERGRID sets a long term strategy for Social & Economic Development of communities through initiatives in rural development, education, skill development, health and other areas of national importance and adhere to sustainable environmental practices.
POWERGRID endeavours to achieve sustainable development through five interlinked themes: Stakeholders, Environment, Networks, Statistics and Employees. There are several initiatives taken by POWERGRID towards Conservation of Environment by Avoiding ecologically sensitive areas while routing lines, Reducing Right of Way (ROW) Requirement, Employing Advanced Technology to Protect Ecosystems, Replenishment of Natural Resources, Reduction in Raw Material Requirement, Establishment of Waste Paper Recycling Plant, Community Development Works, Reducing Social Impact etc.
Covid-19 Response
POWERGRID has provided Cold Chain equipment (181 Ice Lined Refrigerators & 130 Deep Freezers) costing around ₹2.66 crore to the states of Punjab, Sikkim, Mizoram and UT of Ladakh. Two Insulated Vans have also been provided for facilitating COVID-19 vaccination drive in remote areas of Leh, Ladakh. For oxygen support, POWERGRID established Oxygen Generation Plants at Tau Devi Lal Stadium, Gurugram (Haryana) having capacity of 2 x 50 Nm3 per hour and at Jaisalmer (Rajasthan) having capacity of 50 Nm3 per hour. A catheterisation laboratory has been set up to diagnose and treat cardiac issues by Government Rajaji Hospital, Madurai through financial assistance provided by POWERGRID which will benefit the people of Tamil Nadu.
Their shareholding pattern consists of Promoters and Promoter Group having 51.34% of shares, Public having 6.51% shares, following by FII’s having 28.28% shares and DII’s with 13.88% shares.
