India's Top PSUs 2021

118 Advertorial India’s Top PSUs 2021 K Sreekant Chairman & Managing Director Power Grid Corporation of India Limited About the Company Power Grid Corporation of India Ltd (POWERGRID), a Maharatna CPSE, is an Electric Power Transmission Utility in India. POWERGRID operates 85% of inter-state / inter-regional transmission networks. POWERGRID has offered transmission related consultancy services to approximately more than 150 domestic clients with global presence in 21 countries, catering to more than 25 clients. Business Operations POWERGRID undertakes transmission of electricity through Inter-State TransmissionSystem(ISTS)associatedwithcentral generatingstations, renewable projects, IPPs, high capacity corridors, system strengthening schemes. Also, company is maintaining transmission system for cross border interconnections link with neighboring countries such as Nepal, Bhutan, Bangladesh, Myanmar and is mandated to further strengthen international links. POWERGRID offers various solutions under consultancy services in the field of transmission (inter-state & intra-state), distribution side for engineering activities, contracting, project management, capacity building etc. Also, the company is providing commercial telecom services to various customers inter alia including telecom service providers, IT companies, Govt. depts., PSUs, State Govts., Defence establishments through pan India fiber optic-based communication network. Further, POWERGRID is having 22 subsidiaries and 9 joint venture companies. POWERLINKS, Torrent power, National High-Power Test Laboratory Private Ltd, EESL & Bihar Grid Company Ltd are some of the joint venture companies. Key Highlights of POWERGRID • As on 31.08.21, the company owns 169,397 circuit km transmission lines with 260 sub-stations and has 445851, Mega Volt Ampere (MVA) transformation capacity. • Company maintains system availability more than 99.5% with best of operational performance benchmarked against international utilities. • Company is implementing various projects associated with inter regional capacity and evacuation of renewable power under inter state and intra state segment. The marquee project of ±800 kV 6000 MW Raigarh - Pugalur HVDC system, to enable power transfer fromWestern Region to Southern Region is fully operational except Pole-IV and one AC line which are also in advance stage of completion. • Govt of India has appointed company as project management consultant (PMC) for implementation of Intra-State Transmission and Distribution Systems namely ‘NERPSIP’ in Manipur, Meghalaya, Mizoram, Tripura, Nagaland & Assam and ‘Comprehensive Scheme’ for strengthening of Transmission & Distribution in Arunachal Pradesh and Sikkim, the flagship projects of Govt of India. • POWERGRID owns and operates telecom network of approximately 71,673 km with an intra city network spread across 256 cities across India with point of interconnections in 780 locations. • Under Atmanirbhar Bharat Abhiyan, POWERGRID, in collaboration with BHEL, commissioned India’s first indigenously developed 400kV Optical Current Transformer along with Digital Substation components (IEDs and SCADA) at 400/220kV Bhiwadi Substation • Under Corporate Social Responsibility (CSR), Company spent ₹ 240.48 crore against a CSR budget of ₹ 234 crore during FY20-21 Dun & Bradstreet D-U-N-S® No 65-014-6749 Financial Snapshot ( ` Mn) Parameters FY20 FY21 Total Income 383,179.7 405,271.1 Net Profit 108,111.8 119,357.8 Total Assets 2,555,496.6 2,543,319.3 Ratios NPM (%) 28.2 29.5 C/R (Times) 0.6 0.8 ‘Ratna’ Status (As of July 2021) Maharatna Management Details Chairman & Managing Director K Sreekant Directors Seema Gupta - Director (Operations) Vinod Kumar Singh - Director (Personnel) M Taj Mukarrum - Director (Finance) Abhay Choudhary - Director (Projects) Government Nominee Directors Mritunjay Kumar Narayan - IAS, Joint Secretary (MoP) Dilip Nigam Independent Director M N Venkatesan Address Registered office B-9, Qutab Institutional Area, Katwaria Sarai, New Delhi – 110016, Delhi Corporate office Saudamini, Plot No.2, Sector 29, Near IFFCO Chowk, Gurgaon – 122001, Haryana Website www.powergrid.in Dun & Bradstreet