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companies name

POWERGRID

Powergrid Corporation of India (PGCIL) or POWERGRID is a state-owned electric utility company headquartered in Gurugram. The company transmits about 50 percent of the total power generated in India through its transmission network. Its former subsidiary company Power System Operation Corporation Limited (POSOCO) handles power management for the national grid and all state transmission utilities.

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 the financial year (FY 2007-08) as a public limited company, wholly owned by the government.

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 October 23, 1992.

POWERGRID News

Power Grid Executive Director (TD) gets 'IEC 1906 Award' by IEC

Power Grid’s Executive Director (TD) BN De Bhowmick has been awarded with the IEC 1906 Award by the International Electrotechnical Commission (IEC) ....

Govt appoints Abhay Choudhary as new Director (Projects) of Power Grid

The Appointments Committee of the Cabinet (ACC) has approved the appointment of Abhay Choudhary as Director (Projects) of Power Grid ....

Power Grid Director (Operations) Seema Gupta wins Gold Stevie Award 2020

Power Grid's Director (Operations) Seema Gupta has won Gold Stevie Award in 2020 Stevie Awards for Women in Business ....

POWERGRID to hire engineering graduates for Executive positions through GATE 2021

Power Grid Corporation of India Limited (POWERGRID) has released a job notification for the upcoming vacancies for Executive positions. The recruitment process will be done on behalf of GATE-2021 score ....

CAG pulls up PowerGrid for poor planning, non-collection of revenue

PowerGrid lost Rs 6,853 crore due to non-collection of relinquishment charges from power companies and Rs 112.51 crore as additional RoE, said CAG ....

Govt sets ball rolling on asset monetisation; these PSUs are on the list: Sources

If word from the corridors is to be believed, the government seems to have set the ball rolling on asset monetisation in the PSU sector ....

PowerGrid commissions 1500-MW capacity pole-1 of Raigarh Pugalur HVDC project

The pole-I having a 1500 MW capacity, is the first leg of the 6,000 MW Raigarh-Pugalur HVDC project of PowerGrid ....

Cabinet okays PowerGrid InvIT; assets worth Rs 7,000 cr to be monetised

The CCEA has approved monetisation of assets of PowerGrid through Infrastructure Investment Trust (InvIT) model ....

Dr RP Singh nominated as Chairperson of BoG of IIT-Bhubaneswar

Former Chief of POWERGRID, Dr RP Singh has been nominated as Chairperson of Board of Governors (BoG) of Indian Institute of Technology, Bhubaneswar with immediate effect for a period of 3 years ....

POWERGRID to construct 'POWERGRID OT Complex' at ACTREC, Mumbai

POWERGRID has extended financial support of Rs 26.40 crore for development of a modular operation theatre complex (POWERGRID OT Complex) at ACTREC, Mumbai under its CSR initiative ....

Govt asks gencos, transcos to charge late fee less than 12% per annum from discoms

The Centre has asked all power generating companies and transmission companies to charge Late Payment Surcharge at a rate not exceeding 12 percent per annum from discoms ....

POWERGRID invites job applications from experienced Company Secretary professionals

POWERGRID is looking for professionals with experience in Company Secretariat for engagement on short term contract basis. Eligible and interested candidates can apply for the job before September 12 ....

POWERGRID posts 18% profit growth in 1st quarter of FY'2020-21

Despite the ongoing Corona crisis, POWERGRID has posted a Profit After Tax (PAT) of Rs 2,048 crore and total income of Rs 9,817 crore on a consolidated basis for the first quarter of the current Financial Year (FY'2020-21) ....

POWERGRID's former CMD Ravi P Singh appointed as CEO of PSSC

Ravi P Singh, former CMD and Director (Personnel) of PowerGrid Corporation of India Limited, has been appointed as Chief Executive Officer (CEO) of Power Sector Skill Council (PSSC) ....

Abhay Choudhary set to be Director (Projects) of POWERGRID

Abhay Choudhary, who is currently serving as Executive Director at POWERGRID, has been recommended by the PESB for the position of Director (Projects) of the company ....

COVID fight: POWERGRID gives 2 ambulances to Haryana

POWERGRID’s Director (Personnel) VK Singh handed over the keys to two life support ambulances to Additional Chief Secretary and CEO of Gurugram Metropolitan Development Authority (GMDA)  ....

Mohd Taj Mukarrum appointed as Director (Finance) of POWERGRID

The government has appointed Mohammed Taj Mukarrum as Director (Finance) of Power Grid Corporation of India Limited (PGCIL) ....

POWERGRID invites applications for apprenticeship; click for details

Powergrid Corporation of India Limited (PGCIL) has invited applications for the apprenticeship in various trades. Eligible candidates can apply according to the given details below ....

Despite COVID-19 crisis Power Grid posts an impressive Q4FY20

In the times of slowdown and pandemic crisis the state-run power transmission Maharatna company Power Grid (PGCIL) has posted impressive Q4FY20 results of 8.2% rise in consolidated net profit to Rs 3313.47 crore chiefly driven by growth in the transmission business ....

Power sector to get a new PSU; PowerGrid is carving out CTU

State-run PowerGrid, a Maharatna PSU under the Ministry of Power, is now set to establish a 100 percent subsidiary company which will take on the functions of the CTU ....

POWERGRID invites applications for apprenticeship in various trades

Powergrid Corporation of India Limited (PGCIL) has invited applications for the apprenticeship. Eligible candidates can apply before June 29 ....

POWERGRID invites applications for apprenticeship; apply before June 14

Powergrid Corporation of India Limited (PGCIL) has invited applications for the apprenticeship. Eligible candidates can apply before June 14 ....

RK Singh reviewed power system restoration measures in West Bengal

Minister of State for Power & Renewables (IC) RK Singh said that the disruption caused by the Cyclone to the power systems was extensive, but the power system restoration work is being carried out swiftly ....

POSOCO, PowerGrid, NTPC lead emergency prep work ahead of AMPHAN

POSOCO, PowerGrid and NTPC Limited have put up a mechanism in place to handle power supply situation in the wake of super cyclonic storm AMPHAN ....

PowerGrid to place 20-25% rebate proposal before board in next meeting

PowerGrid said that it will place the proposal with respect to providing to 20-25% rebate to discoms before its Board of Directors at the next meeting ....

Govt asks PSUs to defer fixed charges, offer 20-25% rebate on power supplied to discoms

While extending a Rs 90,000-crore package to stressed discoms, the govt has asked PSUs to defer fixed charges and offer a 20-25% rebate to discoms ....

Seema Gupta assumes additional charge of Director (Finance) at POWERGRID

Seema Gupta, who is serving as Director (Operations) of Power Grid Corporation of India Limited (PGCIL), has assumed additional charge as Director (Finance) of the corporation ....

POWERGRID contributes Rs 1 crore for district hospital of Gorakhpur

POWERGRID has contributed Rs 1 crore to the district hospital of Gorakhpur for purchasing medical instruments for the eradication of Coronavirus (COVID-19) disease ....

PowerGrid in COVID-19: 1,562 Metric ton ration to 1.85 lakh people, and counting

PowerGrid has shown a resilient fight against COVID-19 and the Maharatna power PSU has so far reached out to 276 Locations across India providing free ration to 1.85 Lakh beneficiaries ....

Corona crisis: Here's how PGCIL is showing up as a 'friend in need' for the poor

POWERGRID has not just ensured the uninterrupted transmission of power but is also acting proactively by taking up humanitarian relief activities ....

POWERGRID shows comprehensive approach in fight against COVID-19

As the country is currently put into lockdown for preventing the spread of COVID-19, POWERGRID undertakes various CSR activities for providing relief to needy persons throughout India ....

POWERGRID commits Rs 200 crore to 'PM CARES Fund'

PowerGrid has announced a financial assistance of Rs 200 crore to 'PM CARES Fund' to fight against the Coronavirus (COVID-19) pandemic ....

Tanmay Kumar is new govt nominee Director of PowerGrid

Ministry of Power's Joint Secretary Tanmay Kumar has been appointed as Government Nominee Director of Powergrid Corporation of India Limited (POWERGRID) ....

POWERGRID signs MoU with HLL Lifecare under CSR

POWERGRID has signed an MoU with HLL Lifecare Limited for conducting health camps in nine aspirational districts under its CSR initiative ....

Exclusive: Soon a PowerGrid subsidiary for telecom business

PowerGrid is now set to turn its telecom business into a 100 percent owned subsidiary, a highly placed source at the ministry of power has confirmed the development to PSU Watch ....

POWERGRID bags 6 awards at 14th PRCI global conclave

POWERGRID has been awarded in 6 different categories including the "PRCI Corporate Communication Excellence" award for internal communication campaign of the year 2020 ....

Power Minister RK Singh dedicates 11 REMCs to the nation

Minister of State for Power and New & Renewable Energy RK Singh dedicated eleven Renewable Energy Management Centers (REMCs) to the nation ....

POWERGRID hires engineers from J&K through campus recruitment

POWERGRID hired 13 engineers, in various branches through "Campus Recruitment Programme 2019," from NIT Srinagar, Jammu & Kashmir (J&K) ....

POWERGRID signs MoU with CIPET to provide skill development training

POWERGRID has signed an MoU with the Central Institute of Plastic Engineering & Technology (CIPET) for providing skill development training ....

Don’t think SC ruling on AGR dues issue applies to PSUs: Pradhan

Petroleum Minister Dharmendra Pradhan said that he believes that the Supreme Court ruling on AGR dues issue does not apply to non-telecom PSUs ....

POWERGRID signs contract agreement with UETCL

POWERGRID has signed a contract agreement with Uganda Electricity Transmission Company Limited (UETCL) for providing PMC services ....

POWERGRID signs MoU with KSB and NFCH under CSR

POWERGRID has signed two separate MoU with Kendriya Sainik Board (KSB) and National Foundation for Communal Harmony (NFCH) under its CSR initiative ....

Taj Mukarrum set to be Director (Finance) of POWERGRID

Mohammed Taj Mukarrum, who is currently serving as ED in POWERGRID, has been recommended for the post of Director (Finance) at the PSU ....

VK Singh assumes charge as Director (Personnel) of POWERGRID

Vinod Kumar Singh, who was working as Senior General Manager of POWERGRID, has assumed charge as the Director (Personnel) of the company ....

PowerGrid Q3 net profit rises 14% to Rs 2,673 crore

PowerGrid has posted a Profit after Tax (PAT) of Rs 2,673 crore and Total Income of Rs 9,497 crore for Q3 of FY2019-20 ....

POWERGRID, ALIMCO to distribute aids to Divyangjan

POWERGRID has signed an MoU with ALIMCO for the distribution of aids & appliances to divyangjan in five aspirational districts ....

POWERGRID is first PSU to become PMI REP. But what is it?

POWERGRID becomes the first Indian PSU to be accredited as registered education provider (REP) of Project Management Institute (PMI) ....

POWERGRID signs MoU with Rewa Ultra Mega Solar Ltd

POWERGRID has signed an MoU with Rewa Ultra Mega Solar Limited for providing project management consultancy services for implementation of the transmission system ....

POWERGRID signs MoU with NIT Warangal

POWERGRID has signed an MoU with NIT Warangal to create a sustainable future through various Energy Management initiatives ....

VK Singh appointed as Director (Personnel) of POWERGRID

Vinod Kumar Singh, who was serving as Senior General Manager, has been appointed as Director (Personnel) of POWERGRID ....

POWERGRID gets consultancy assignment in Bangladesh

Powergrid Corporation of India Limited (PGCIL) has bagged a consultancy assignment for 'Transmission Planning and Project Preparatory Studies' in Bangladesh ....

IS Jha gets 'Best CEO Award 2019' by Business Today

Former Chairman & Managing Director of POWERGRID IS Jha has been awarded 'Best CEO Award 2019' by Business Today ....

PGCIL's Naresh Kumar in the 2019 list of influential PR professionals

The PowerGrid GM is the only name from the entire PSU sector in the 2019 list of influential PR professionals published by the magazine Reputation Today ....

POWERGRID signs cooperation agreement with Africa50

POWERGRID has signed an agreement with Africa50 for the development of transmission infrastructure in Kenya on PPP model ....

POWERGRID sings three consultancy contracts with NEA

Powergrid corporation of India Limited (PGCIL) has signed three consultancy contracts with Nepal Electricity Authority (NEA) ....

Power Minister inaugurates 'Powergrid Vishram Sadan'

Power Minister RK Singh inaugurated 'Powergrid Vishram Sadan,' built under welfare project of PGCIL, at IGIMS Patna for the general public ....

PowerGrid posts net profit of Rs 2,571.10 cr in Q2 of FY20

PowerGrid has posted a net profit of Rs 2,571.10 crores for Q2, an increase of 9 percent over the corresponding quarter of the previous fiscal ....

PowerGrid is looking to hire Director (Finance); click to know

PowerGrid has invited job applications for the post of Director (Finance), last date to apply for the job is December 23 ....

Its Official! POWERGRID gets Maharatna status

India's largest power transmission company Powergrid Corporation of India Limited (PGCIL) has finally joined the elite PSUs club with the award of 'Maharatna' status, PowerGrid is the 10th PSU to get into the much coveted category ....

PowerGrid gets CSR award for improving rural livelihoods

Powergrid has been awarded a CSR award for ‘Improving Rural Livelihoods through Farmer Integrated Watershed Management’ ....

POWERGRID gets a new Director (Personnel)

Vinod Kumar Singh is currently serving as Senior General Manager and selected as POWERGRID Director (Personnel) by a PESB panel on Wednesday ....

POWERGRID receives PMI India award 2019

PMI India award 2019 was presented to the POWERGRID for its contribution to the community for improving rural livelihood through its Watershed Management Project ....

POWERGRID signs an MoU with BHEL

Powergrid and BHEL have signed an MoU for collaborative research and development project on digital substation on Thursday at Secunderabad ....

PowerGrid gets Swachh Bharat Award from President

President Ram Nath Kovind presented the 'Swachh Bharat Award' to POWERGRID under PSU corporate category for significant CSR contribution ....

PowerGrid declares a total dividend of Rs 4358 cr for FY'19

The Navratna PSU 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. ....

PowerGrid declares highest-ever dividend payout at AGM

At the 30th AGM, PowerGrid CMD addressed the stakeholders and apprised them of the latest developments and future plans of the company ....

POWERGRID and PFC get D&B PSU Award

Seema Gupta, Director (Operations) received the D&B PSU Award from Arvind Sawant, Minister of Heavy Industries and Public Enterprise and SC Garg, Secretary (Power) ....

Kandikuppa Sreekant takes charge as CMD, PowerGrid

55-year-old Kandikuppa Sreekant has more than 33 years of experience in the power sector and more importantly he is PowerGrid's in house name who was working as the director (Finance) before taking charge of CMD ....

Foundation Stone laid for PowerGrid Vishram Sadan

Jharkhand CM Raghubar Das laid the foundation stone of ‘PowerGrid Vishram Sadan’ at RIMS in presence of the chief guest R. K. Singh, Union Minister of State (IC) Power, New & Renewable Energy ....

PowerGrid signs MoU with IIT Roorkee

With the signing of this MoU, PowerGrid has become the exclusive industry partner of IIT Roorkee in the areas of energy efficiency and sustainable energy ....

PowerGrid Conferred 1st prize for observance of Swachhta Pakhwada 2019

The much-coveted award was received by Ravi P Singh, CMD, POWERGRID from AK Bhalla, Secretary (Power) ....

At Kerala’s first-ever electric mobility expo, PowerGrid is showcasing Smart Grid

Besides that, POWERGRID’s first electric vehicle charging station in Kerala was inaugurated at Edappali Kochi ....

PowerGrid looking to raise Rs 10,000 cr via NCDs

The public sector undertaking is likely to take a call on the matter at its board meeting that will take place next week ....

PowerGrid First PSU to sign MoU with Energy Management Centre-Kerala

PowerGrid will dedicate its’ expertise to overall improvement of the Power scenario in Kerala through this MoU from Energy Efficiency to sustainable energy ....

Modi Govt setting up National Electricity Distribution Company, MoU Signed

India's two biggest state-run power companies POWERGRID and NTPC have signed an MoU for setting up National Electricity Distribution Company Ltd. (NEDCL) through JVC on 50:50 equity basis ....

POWERGRID is recruiting Vigilance officers. Apply before July 12

Commencement of online submission of application and payment of application fee to POWERGRID is June 12, while the last Date of receipt of online application and payment of application fee is July 12 ....

Power Grid signs MoU with District Administration Gurugram

Under the CSR project POWERGRID has signed an MoU with Gurugram District administration to assist in training of 2500 Candidates in E-governance Learning & Training ....

PowerGrid Will Change Mobile Coverage Landscape In India

In a win-win order for Telecos, Power Grid, consumers and environment, CERC has given its approval to the power PSU to offer its transmission towers to telecom companies for BTS (Base Trans-receiver Station) installation ....

PowerGrid signs an MoU setting out targets for FY2019-20

The MoU includes targets related to various parameters such as financial, physical, human resource management, project execution, technology upgradation, innovation etc ....

PowerGrid posts 52% hike standalone net profit in Q4FY19

The total standalone income for the March quarter settled at Rs 9,610.24 crore as opposed to Rs 8,098.93 crore a year ago ....

PowerGrid CMD meets CM to discuss transmission projects in Himachal

The meeting focussed on the development and strengthening of solar transmission and other transmission projects in Himachal Pradesh ....

POWERGRID helps restore power in ‘Fani’-affected Odisha

POWERGRID has successfully helped restore power in the quickest time possible with the use of state-of-the-art techniques, an official press release said ....

Deepak Kashyap assumes charge as CVO at PowerGrid

Apart from having varied experience, he is also credited with conceptualising and commissioning Indian Railways’ popular onboard magazine Rail Bandhu ....

Kandikuppa Sreekant Will be the New CMD, PGCIL

Currently working as the director (Finance) at PGCIL, 55-year-old Kandikuppa Sreekant has more than 33 years of experience in the power sector ....

PRSI Delhi organises lecture on PR for PowerGrid HR employees

PRSI Delhi Chapter launches Knowledge sharing initiative; first lecture by GS Bawa delivered at the POWERGRID Academy of Leadership (PAL) to  young... ....

Gridtech 2019: Sterlite Power launches 3 new products

Gridtech 2019: The R&D team of the company has designed products that will help increase its market reach across 40 countries and are compliant to stringent global norms ....

24x7 electricity is achievable but the govt needs to address this first, say industry insiders

Speaking on the sidelines of GridTech 2019 two sources from PowerGrid said that the existing infrastructure is totally capable of carrying 24x7 electricity ....

Vice president Naidu Inaugurates 6th Edition of GRIDTECH

Gridtech 2019 launched at Pragati Maidan will last till April 5, 2019. The mega event serves as an international platform for various stakeholders of power industry across the globe ....

GRIDTECH 2019 to be inaugurated by Vice President

To encourage entrepreneurship and innovation, the GRIDTECH 2019 has separate designated areas for Micro & Small Enterprises and Students’ Innovation Pavilions ....

PowerGrid pays Rs 1,600 cr as interim dividend to govt for 2018-19

PowerGrid handed over electronic payment remittance advice for payment of Rs 1,629.62 crores to the government. The total interim dividend disbursed is to the tune of Rs 3,050.02 crores to about 5.91 lakh shareholders ....

Signing of closing syndication agreement Between POWERGRID and SMBC

POWERGRID has fully drawn the JPY 22 Billion loan and utilised the proceeds toward part-financing of its capital expenditure ....

This Indian firm has made a world record for completing PGCIL project in record time

Infrastructure firm Megha Engineering and Infrastructures (MEIL) has found a place in the Limca Book of World Records and Asia Book of Records after it completed a power substation project in a record time of seven months. ....

PowerGrid’s Naresh Kumar is now chairman of Public Relations Society of India

Other committee members elected include SS Rao, AGM (CC), PFC, Dr HS Paul, Delhi Bureau Chief, Daily Excelsior, Jammu, Sarvesh Tiwari, Managing Director, PR Professionals, among others ....

Relinquishing PowerGrid duty, CMD IS Jha becomes CERC member

The power ministry has given Ravi P Singh, director of the state-run transmission utility, the duty of serving as CMD for three months, or till the appointment of a regular incumbent ....

PowerGrid puts Leh, Kargil on national electricity map

After transmission was switched on by PowerGrid and Jammu and Kashmir power department, electricity flowed for four hours through the 220-Kv line and its four sub-stations ....

Power Ministry seeks Maharatna tag for PowerGrid

The Maharatna status permits PSEs to have greater financial autonomy, allowing them to decide on investments of up to 15 percent of their net worth in a project without government approval ....