INFORMATIONAL

Powergrid Corporation of India News

Published on 22 Jul, 2024

Powergrid share news bse, nse power grid corporation of india share buy or sell overview.

Overview of Power Grid Corporation

Name: Power Grid Corporation of India Limited (POWERGRID)
Founded: October 23, 1989
Headquarters: Gurugram, Haryana, India
Industry: Electric utility
Type: Public Sector Undertaking (PSU)

POWERGRID Share | nse: powergrid

PowerGrid Corporation of India Ltd. shares demonstrate a best performance with consistent growth in revenue and profitability, making it a strong investment choice. The company's strategic expansions and technological advancements in the power sector enhance its market position. Investors can expect steady returns due to its stable operations and government backing.

POWERGRID is Listed Company since 2007.

POWERGRID Business Operations

Core Services: POWERGRID is a state-owned electric utility company primarily involved in the transmission of electricity throughout India. The company designs, constructs, owns, and operates an extensive network of transmission lines, substations, and related infrastructure.
Transmission Network: As of recent reports, POWERGRID operates around 172,437 circuit kilometers of transmission lines and 264 substations with a transformation capacity of approximately 462,351 MVA, making it a critical player in India's power sector.
Inter-regional Capacity: The company has developed a robust inter-regional transmission network, with a capacity of over 112,250 MW, facilitating the transfer of power across different regions of India.

Financial highlights of powergrid

Revenue: POWERGRID consistently reports strong financial performance, with revenue exceeding INR 40,000 crore in recent fiscal years.
Profitability: The company maintains high profitability, with net profit margins typically around 30%. This financial strength enables significant reinvestment in infrastructure and technology.

Strategic Initiatives of powergrid corporation

Expansion Projects: POWERGRID consistently reports strong financial performance, with revenue exceeding INR 40,000 crore in recent fiscal years.
Digital Initiatives: The company is leveraging technology for enhanced grid management, including the implementation of smart grid technologies and real-time monitoring systems.

Corporate Governance

Leadership: The company is led by a professional management team with extensive experience in the power sector. The Board of Directors comprises seasoned professionals ensuring robust corporate governance.
Ownership: The Government of India holds a significant stake in POWERGRID, underscoring its strategic importance to the nation's infrastructure.

Sustainability and CSR

POWERGRID Environmental Initiatives: The company is led by a professional management team with extensive experience in the power sector. The Board of Directors comprises seasoned professionals ensuring robust corporate governance.
POWERGRID CSR Activitie: The company actively engages in Corporate Social Responsibility (CSR) activities, including rural electrification, healthcare, education, and community development programs.

POWER GRID CORPORATION OF INDIA LIMITED Vision 2030

POWERGRID aims to strengthen its position as a global transmission utility, focusing on the adoption of advanced technologies, international collaborations, and sustainable development practices to ensure reliable and efficient power transmission in the future.

Useful links	Links
Powergrid Official website	https://www.powergrid.in
For Latest Updates	https://tryslat.com/blog

FAQs

1. POWERGRID is a government company?

Yes, Power Grid Corporation of India Limited or POWERGRID Maharashtra Public Sector Enterprise of Government of India by the Ministry of Power

2. What does the POWERGRID do?

Powergrid do the largest Electric Power Transmission Utility in other words transmission of power through its EHVAC/HVDC transmission network.

3. What is the future of POWERGRID?

By 2030 POWERGRID aims to strengthen its position as a global transmission utility, focusing on the adoption of advanced technologies reliable and efficient power transmission in the future.

Disclaimer

The information provided on this blog is for general information purposes only and is not a substitute for professional advice. We make no guarantees about the completeness, reliability or accuracy of this information.