Top 10 Public Sector (PSU) Companies in India 2018

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8) Power Grid Corporation

This is a power utilities company incorporated on October 23, 1989 and is based in Gurugram, India.

Image: company website

PGC transmits around 50% of the entire power that is generated in India. The former subsidiary power system operation corporation limited handled the management of the power on the grid previously and there is also a telecom business of this company under the name POWERTEL.

The original name was National Power Transmission Corporation Limited. The company is involved in other activities like the executing, designing, planning, operating, and maintenance of transmission systems. Initially the company was operating on a management basis and then later on it took over the assets of NTPC, NEEPCO, NHPC, THDC etc. slowly and commenced operation later. This company is also responsible for establishing and operationalizing the regional and national power grids. These power grids were required for the transfer of power within the regions with both stability and reliability and all the while safety. When the three companies were merged to form power grid the employees of these companies became the employees of power grid. The facilitation of power across all the grids was done by this company.

Revenues (INR Cr): 26638

Profits (INR Cr.): 7450

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