India’s Top PSUs 2019

India’s Top PSUs 2019 Advertorial 43 Power Grid Corporation of India Limited About the Company Established in 1989, Power Grid Corporation of India Limited (POWERGRID), the Central Transmission Utility (CTU) of the country and a ‘Navratna’ CPSE under the Ministry of Power, is responsible for the development, planning and coordination of the Inter-State Transmission System (ISTS) in the country. POWERGRID is engaged in bulk power transmission business at EHV (765/400kV) and (±500/800kV) HVDC voltage level and is implementing transmission systems for evacuation of power from the Central sector generation projects, Ultra Mega Power Projects, Independent Power Producers (IPPs), grid strengthening schemes and Green Energy Corridors (GEC) for integration of grid scale renewable energy sources and Ultra Mega Solar Parks. Presently, GoI holds 55.37% of the Company’s equity shares, while the rest are held by the public including foreign and domestic financial institutions. POWERGRID’s shares are listed on the national bourses, i.e. BSE & NSE, since October 2007. As on Mar 31, 2019, POWERGRID owns and operates a network of 158,298 ckm of transmission lines and 245 substations. Business Operations POWERGRID is principally engaged in the planning, implementation, operation and maintenance of inter-state transmission system (ISTS). The company has also diversified into the Telecom business as well as Consultancy, including Project Management Services. • Transmission Services: The company’s principal business is transmission of bulk power across different states of India. • Telecom Services: The company utilizes spare optical fibers available in the optical ground wire (OPGW) laid on the transmission network for providing telecom services. It operates as a neutral carrier in the point-to-point bandwidth leasing business. • Consultancy Services: POWERGRID provides consultancy services in the transmission, distribution and telecom sectors, including planning design, engineering, load dispatch, procurement management, operation & maintenance, and project management. Presently, POWERGRID has footprints in 20 countries by way of carrying out various consulting assignments. In the renewable energy space, POWERGRID has been working towards the implementation of GEC– ISTS at 765kV and 400kV levels in renewable resource- rich states of India. Key Highlights of FY19 • On a consolidated basis, profits crossed ` 100,000 mn for the first time • Transmission assets comprising of 8,468 ckm of transmission lines, 40,119 MVA transformation capacity and 10 new substations added. • Inter-regional power transfer capacity of 8,400 MW added • 12,950 km of OPGW network added to support voice and data communication with regional and state load dispatch centres for effective grid management. • 220kV Srinagar-Leh Transmission System commissioned, thereby connecting strategically important Ladakh region with the National Grid. • POWERGRID acquired its first intra-state transmission project through tariff-based competitive bidding (TBCB) • Four TBCB subsidiaries became fully operational. Dun & Bradstreet D-U-N-S® No 65-014-6749 Financial Snapshot ( ` Mn) Parameters FY18 FY19 Total Income 307,663.2 356,180.7 Net Profit 82,446.5 99,385.5 Total Assets 2,238,951.4 2,464,730.0 Ratios NPM (%) 26.8 27.9 C/R (Times) 0.46 0.56 ‘Ratna’ Status (As of June 2019) Navratna Management Details Chairman & Managing Director K. Sreekant Directors Ravi P Singh Rajeev Kumar Chauhan Seema Gupta Ghanshyam Prasad Jagdish I Patel Tse Ten Dorji Manoj Kumar Mittal A. R. Mahalakshmi Sunil Kumar Sharma M. N. Venkatesan Address Registered Office B09, Qutab Institutional Area, Katwaria Sarai, New Delhi – 110016 Corporate Office Saudamini, Plot No.-2, Sector -29, Gurugram -122001, Haryana Website www.powergridindia.com K. Sreekant Chairman & Managing Director