Power Grid Corporation of India Limited
247.60
INR
-4.30
(-1.71%)
ISIN
INE752E01010
Return %
Stock
S&P 500
1Y
-14.25
14.20
3Y
22.03
81.12
5Y
69.87
68.34
Capital Structure
INR
•
in mil. unless spec.Working Capital
INR
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in mil. unless spec.Growth Rates
INR
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in mil. unless spec.Quarterly Revenue
INR
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in mil. unless spec.Quarterly Earnings Per Share
INR
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in mil. unless spec.Quarterly Dividends Per Share
INR
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in mil. unless spec.Company Description
- CEO
- Vamsi Ramamohan Burra
- Full Time Employees
- 30,489
- Sector
- Utilities
- Industry
- Electric utilities
- Address
- Saudamini, Plot No. 2 Gurgaon HA India 122001
- IPO Date
- Oct 8, 2007
- Website
- powergrid.in
- Similar Companies
- Business
- Power Grid Corporation of India Limited is a Maharatna central public sector undertaking primarily engaged in electric power transmission. The company operates and maintains one of the largest extra-high voltage alternating current (EHVAC) and high voltage direct current (HVDC) transmission networks in India, facilitating the movement of surplus power from generating stations to load centers across the country. Its core offerings include interstate transmission services through its Inter-State Transmission System (ISTS); telecom services utilizing its extensive fiber optic network; and consultancy services in power transmission infrastructure. POWERGRID also develops and operates regional and national power grids, supporting grid management and renewable energy integration. Founded in 1989 and headquartered in Gurugram, India, the company functions under the administrative control of the Ministry of Power, Government of India, and holds a 51.34% government stake. Recent strategic developments include the acquisition of multiple transmission project special purpose vehicles (SPVs) with a focus on renewable energy integration, such as Davanagere Power Transmission Limited in Karnataka and the acquisition of MEL Power Transmission Limited, strengthening its renewable energy transmission portfolio. POWERGRID forged a strategic joint venture partnership with Nepal Electricity Authority to jointly develop transmission infrastructure in India and Nepal, reflecting an expansion into regional cross-border power collaboration. It also signed a USD 200 million green loan pact with Sumitomo Mitsui Banking Corporation to boost sustainable energy transmission projects. The company has invested substantially in new transmission projects to enhance energy reliability and support India’s renewable energy targets, including two inter-region transmission projects worth approximately ₹3,375 crore. Partnerships for green hydrogen and clean energy initiatives with ONGC mark POWERGRID’s diversification into emerging energy markets in India. POWERGRID serves various customer segments, including central generating agencies, state electricity boards, power distribution companies, and private power producers, with operations extending across India. The company’s businesses are segmented into transmission services, telecom services, and consultancy, operating 180,195 circuit kilometers of transmission lines and 276 substations as of March 2025. It continues to invest in state-of-the-art technology to support grid stability and enhance capacity for renewable energy sources. The company’s latest annual report highlights strong operational and financial performance underpinning its leadership in India’s power transmission sector.