Power Grid Corporation of India Limited is a Great Place to Work-Certified™ organization. Great Place to Work® Certification is recognized world over by employees and employers alike and is considered the ‘Gold Standard’ in identifying and recognizing Great Workplace Cultures. Power Grid Corporation of India Limited, has created a Great Place to Work FOR ALL their employees by excelling on the 5 dimensions of a High-Trust, High-Performance Culture™ – Credibility, Respect, Fairness, Pride and Camaraderie. Business Description:Formed in 1989, POWERGRID is the largest Electric Power Transmission Utility in India. It is also the 3rd largest CPSE in India in terms of Gross Block. It transmits approx. 97,290 MW of power which is >85% of India's Inter-Region Capacity with operational availability of 99.82%.
POWERGRID Group consists of 28 Subsidiaries, 11 Joint Ventures and 04 nos. of associates. 51.34% of the shares in the company is owned by Government of India. The key business verticals of POWERGRID includes Power Transmission, Telecommunication and Consultancy. In addition, the company is exploring new business opportunities in Smart Grid/Smart City Projects, Energy Audit & Energy Efficiency, Integration of Solar Power Projects, Dedicated Transmission System for Railways & other bulk users, Off-Shore Wind Generation Integration, Distribution (Wire Business).
The company is having a Market Cap of > INR 1,54,000 Crore. During FY 2021-2022 the company registered a revenue of INR 42,698 Crore and a profit of INR 16,824. The company is operating 1,72,662 circuit kilometre transmission lines, 267 Substations with a transformation capacity of 4,85,750 MVA. With a lean manpower of 8500+, POWERGRID has consistently maintained a gigantic transmission system with network availability of 99.82% with a meagre 0.2 Tripping per Line. In addition, the company owns and operates 74,109 km of Telecom Network. The company is having > 150 domestic clients and is having a global footprint in 23 countries catering to > 25 clients overseas. Being the national highway in Indian Power Sector, POWERGRID has played a vital role in the making of modern India. Thanks to POWERGRID, with all regional grids operating in a synchronous mode, India has achieved 'ONE NATION'-'ONE GRID'-'ONE FREQUENCY'. Also, thanks to POWERGRID; in the space of digitized network management, India is one of the few nations around the globe which has implemented many notable technologies including remote operations of substations; App based condition monitoring of transformers and reactors; digital substations; application-based patrolling; use of drones for patrolling etc.
With strong project management ability, POWERGRID is the leading player in winning and executing big projects including several projects under Tariff Based Competitive Bidding (TBCB). Till date cumulatively, POWERGRID has owned 28 subsidiaries in TBCB mode. As a responsible employer and corporate citizen, in the field of stakeholder development, besides executing mega CSR projects, POWERGRID has undertaken training of 5000+ unemployed youths as per national Skill India Mission. POWERGRID is also setting up 3 ITIs and is undertaking training of 1000+ apprentices (>@ 12% of manpower; beyond statutory minimum of 2.5%). As a partner of Make in India mission, POWERGRID has encouraged indigenous participation and undertakes most of the procurement through Domestic Competitive Bidding (DCB) wherein only Indian bidders are eligible to bid.