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Power Grid Corporation of India (Power Grid) is an Indian state-owned electric utility company headquartered in Gurugram, India. The company is a ‘Maharatna’ Central Public Sector Enterprise and it is also Central Transmission Utility (CTU) of India. The company is one of India’s largest Electric Power Transmission Utility. It is Listed Company since 2007. The company undertakes transmission of electricity through Inter-State Transmission System (ISTS). It ensures development of an efficient, co-ordinated and economical system of inter-state transmission lines for smooth flow of electricity from generating stations to the load centers. The company also provides non-discriminatory open access to its transmission system for use by and licensee or generating company.

In 1980, the Rajadhyaksha Committee on Power Sector Reforms submitted its report to the Government of India suggesting that extensive reforms were needed in the Indian power sector. In 1981, the Government of India took a policy decision to form a National Power Grid, which would pave the way for the integrated operation of the central and regional transmission systems.

In October 23, 1989 under the Companies Act, 1956, the National Power Transmission Corporation Limited was formed, and assigned the responsibility of planning, executing, owning, operating and maintaining the high voltage transmission systems in the country. In October 1992, the National Power Transmission Corporations name was changed to Power Grid Corporation of India Limited.

Business area of the company

The company’s core business is the transmission of electric power. The company a transmission licensee takes continuous action regarding operation and maintenance to seek to ensure compliance with prescribed standards as well as to achieve high availability of the system for uninterrupted power supply to customers.

Shareholding Pattern