Power Grid Corp Live Stock Chart

POWERGRID Chart by TradingView

Power Grid Corporation of India was incorporated on Oct. 23, 1989 and was mandated with the establishment, operation and maintenance of regional & national power grids including load dispatch centers. The company started commercial operation in 1992 when it got its current name. The Government of India (GOI) has notified the company as a central transmission utility (CTU). R.P. Singh is the chairman and managing director of the company. The company owns and operates most of India`s interstate and inter-regional electric power transmission system (ISTS). As of March 31, 2007 it owned and operated 59,461 circuit km of electrical transmission lines and 104 electrical substations, and had 48 transmission projects at various stages of implementation. In Fiscal 2006, It transmitted approximately 45% of all power generated in India. It manages the national grid with inter regional capacity of 13,700 MW, to be more than 37,000 MW by 2012. It developed the 2,000 MW Tata transmission project with Tata Power Company. It is currently establishing a national load dispatch centre to be complete in 2008. It holds 20.63% of the paid-up capital of Jaypee Powergrid. The consultancy division provides transmission-related consultancy services to more than 90 clients in over 200 domestic and international projects. It facilitates the implementation of GoI-funded projects for distribution of electricity to end-users. It has created a telecommunication network principally using its overhead transmission infrastructure. It owns and operates a fiber-optic cable network that as on March 31, 2007 was over 19,000 km long and connected over 60 Indian cities including all major metropolitan areas. It leases bandwidth on this network to more than 60 customers including Bharat Sanchar Nigam, Videsh Sanchar Nigam, ..etc. The company is a Mini Ratna Category-I public sector undertaking since October 1998 and has received the highest annual performance rating from the GoI in each year since Fiscal 1994. It is ISO 9001 and ISO 14001 certified. The registered office is at B-9, Qutab Institutional Area, Katwaria Sarai, New Delhi 110016 and corporate office at Saudamini, Plot No.2, Sector 29, Gurgaon 122001.