Power Grid Corporation of India Ltd - POWER GRID CORPN Share Price

Summary

Power Grid Corporation of India Ltd (PGCIL) is Indias principal electric power transmission company. The Company is engaged in the transmission of bulk power across different states of India. It owns and operates 90% of Indias interstate and inter-regional electric power transmission system. The companys business segments are Transmission, Consultancy, Telecom and ULDC/ RLDC. The company has 168140 circuit kilometers of transmission network and 252 sub-stations as on 31 January 2021. It has a total transformation capacity of about 422430 lakh MV ampere as on 31 January 2021. This gigantic transmission network, spread over length and breadth of the country, is consistently maintained at an availability of over 99%. The company has diversified into telecom business to utilize spare telecommunication capacity of unified load dispatch center (ULDC) schemes, using countrywide transmission infrastructure. PGCIL is a public sector undertaking. The Government of India (GoI) held 51.34% stake in the company as on 31 December 2020.The company is certified for PAS 99:2006, which integrates the requirements of ISO 9001:2008 for quality, ISO 14001:2004 for environment management and OHSAS 18001:2007 for health and safety management systems. They are also certified for Social Accountability Standard, SA 8000:2008 for all their operations.Power Grid Corporation of India Ltd was incorporated on October 23, 1989 with the name National Power Transmission Corporation Ltd. The company was... Read More