Top 10 Public Sector (PSU) Companies in India 2016
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9) POWER GRID CORPORATION OF INDIA LIMITED
The Power Grid Corporation of India Limited (also called as POWERGRID), a Navratna company, is one of the top India state-owned enterprises.
POWERGRID, an electric utilities company, was incorporated on October 23, 1989 and is headquartered in Gurgaon, India. It was initially established in the name of National Power Transmission Corporation Limited and now it is responsible for the transmission of about 50 percent of the total power generated in India.
POWERGRID is India’s largest Electric Power Transmission Utility and is a listed company since 2007 and in both NSE and BSE as well. Power System Operation Corporation Limited, a subsidiary of POWERGRID, deals with power management for POWERGRID. The company also has another subsidiary under it, namely POWERTEL which is a telecom business. Under POWERTEL, it owns and operates 36563 km of Telecom Network in over 595 locations. POWERGRID has an All India inter-regional capacity of 55350 MW. So, on the whole, POWERGRID deals with transmission, distribution and energy trading in India. Currently, the company employees more than 10000 people.
POWERGRID is exploring new business opportunities like handling Smart grid/ smart city projects, strengthening of intra-state transmission, Off-shore wind generation integration, power quality measurement etc.
Powergrid is listed on both the NSE and BSE. Powergrid became a Navratna company in 2008.