Power Grid Corporation of India Limited (POWERGRID), a Schedule ‘A’, ‘Maharatna ' Company operating under Ministry of Power, is engaged in bulk transmission of power through its EHVAC (upto 765 kV level) and ±800/±500kV HVDC transmission network. POWERGRID is a listed Company, with 51.34% holding of Government of India and balanceby Institutional Investors & public.
POWERGRID, as on 31July 2023, owns & operates around 176,109ckm of Extra High Voltage (EHV) transmission lines spread over the length and breadth of the country and 275 EHV AC & HVDC Sub-stations with transformation capacity of more than 512,001.4MVA. The availability of this huge transmission network is consistently maintained over 99% through the deployment of state-of-the-art operation & maintenance techniques at par with globalstandards.
During FY 2022-23, POWERGRID has achieved a turnover of about Rs. 46,605 crore and Net Profit of Rs. 15,417crores. As on 31.03.2023 Gross Fixed Assets of the company have also grown to Rs. 2,70,108crore.
POWERGRID being one of the largest transmission utilities in the world, is playing a strategic role in the development of Indian power sector and has proved its capabilities through timely execution of large & critical transmission projects.A strong and vibrant National Grid has already been established in the country and is being continuously augmented / strengthened to facilitate growing power transmission requirement with reliability. The present Inter-Regional power transfer capacity of the National Grid is about 112,250 MW.
The Company has an excellent credit rating with financial institutions, thereby, is placed in a comfortable position in terms of resource mobilization.
Conserving Right-of-Way (RoW), minimizing impact on natural resources, coordinated development of cost effective transmission corridor, flexibility in up gradation of transfer capacity of lines matching with power transfer requirement are major areas of concern in development of transmission network in the country. In this direction, the Company has been working on higher transmission voltages.
POWERGRID has diversified into telecom business, leveraging its country wide transmission infrastructure. Company is providing back-bone connectivity to all metros, major cities & towns including remote areas of J&K and North-Eastern States etc. Total network coverage is more than 82,294 kms and numbers of Points of Presence (PoPs) in 458 locations & Points of Interconnections in 780 locations. Having Intra city network in 256 cities across India, the Telecom Backbone Availability was greater than 99.5%.
POWERGRID is one of the implementing agencies for BharatNet project of GoI and has been entrusted with the task of development and maintenance of the National Optical Fibre Network in states, namely Andhra Pradesh, Telangana, Himachal Pradesh, Jharkhand and Odisha.
Further, POWERGRID has played a significant role in carrying forward the distribution reforms through undertaking Deendayal Upadhyaya Gram Jyoti Yojana (DDUGJY) and Integrated Power Development Scheme (IPDS) works on behalf of the Govt. of India in the country.
Presently, various electrical interconnections exist between India & Bhutan, India & Nepal and India & Bangladesh. Further, the interconnection between India & Bhutan, India & Nepal and India & Bangladesh are being strengthened for substantial exchange of power across borders.
POWERGRID is offering consultancy services to various National clients & International clients, including many South Asian, African, and Middle East countries.