Power Grid Corporation of India Limited is an Indian government electricity board and a Maharatna public sector undertaking which is owned by the Ministry of Power, Government of India and is headquartered in Gurugram, India. The company is mainly engaged in the transmission of bulk power across different states of India. It possesses 1,72,154 circuit kilometers (ckm) transmission lines along with 262 sub-stations and 4,46,940 MVA transformation capacity. The company provides transmission-related consultancy to more than 150 domestic clients and has its global footprint in 20 countries, catering to more than 25 clients.
In the telecom segment, the company owns and operates approximately 66,922 km of telecom network. It has a point of presence in 714 locations and an intracity network in 206 cities across India. Since 1993 the company has been paying a dividend and has 51.34 per cent holding by the Government of India and a balance of 48.66 per cent by the public. The company bears in-house expertise for domestic as well as international transmission sector consultancy. It has been diversifying the telecommunication business using existing transmission assets coupled with investment in energy efficiency and investment in smart grid.
Sector Overview
This story is from the July 19, 2021 edition of Dalal Street Investment Journal.
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This story is from the July 19, 2021 edition of Dalal Street Investment Journal.
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