Powergrid is Most Expensive At This Level

​Power Grid Corporation of India Limited (POWERGRID) is a 'Maharatna' Public Sector Enterprise under the Government of India, incorporated on October 23, 1989. It is India's largest electric power transmission company, responsible for planning, implementing, operating, and maintaining the nation's high-voltage transmission systems. citeturn0search0

As of the fiscal year 2023-24, POWERGRID reported a turnover of ₹46,913 crore and a net profit of ₹15,573 crore. The company's gross fixed assets stand at ₹2,75,991 crore. POWERGRID consistently achieves over 99% network availability by employing advanced operation and maintenance techniques that align with global standards. citeturn0search6

The Government of India holds a 51.34% stake in POWERGRID, with the remaining shares held by institutional investors and the public. The company is headquartered in Gurugram, Haryana, and operates across various regions in India. citeturn0search3

In addition to its core transmission services, POWERGRID offers consultancy services in the transmission, distribution, and telecom sectors, including planning, design, engineering, load dispatch, optical ground wire (OPGW) on intra-state transmission networks, procurement management, operation and maintenance, financing, and project management. citeturn0search7

For more information or to get in touch with POWERGRID, you can visit their official website

POWERGRID continues to play a strategic role in the development of India's power sector, ensuring the optimum utilization of generating resources and maintaining a robust national grid.