Power Grid Corporation of India Ltd
NSE: POWERGRID BSE: 532898
₹247.40
-1 (0.40%)
Tue, 03 Nov 2026, 01:58 pm
Market Cap (in Cr)229910.92
PE Ratio14.48
Dividend3.64
Utilities
Electric Utilities
24.5KPower Grid Corporation of India Ltd Company History
1989
- Incorporated as National Power Transmission Corporation Limited.
1990
- Received certificate for commencement of business.
1991
- Acquired transmission assets from Nuclear Power Corporation effective August.
1992
- Changed name to Power Grid Corporation of India Limited.
- Acquired transmission assets from NTPC, NHPC, and North-Eastern Electric Power Corporation effective April 1.
1993
- Acquired Tehri Hydro Development transmission assets effective August 1993.
- Achieved Excellent rating under MoU with MoP from 1993-94.
1994
- Entrusted with national and regional load despatch functions; transferred five RLDCs in phases.
- Entered annual MoU with MoP, achieving Excellent rating.
- Acquired Neyveli Lignite transmission assets effective April 1, 1992.
1996
- Assumed management of five Regional Load Despatch Centres.
1998
- Formulated Environment and Social Policy.
- Notified as Central Transmission Utility.
- Declared Mini Ratna Category I public sector undertaking.
2002
- Commissioned unified load despatch schemes for northern and southern regions.
- Commissioned part of Sasaram HVDC back-to-back system.
- Issued registration as Infrastructure Provider Category-I.
2003
- Entered joint venture with Tata Power for Tala transmission system.
- Commissioned 400 kV Raipur-Rourkela line; synchronized Western, Eastern, and NER grids.
- Secured first international consultancy contract from Bhutan Telecommunications.
- Granted internet service licence.
- Notified as continuing CTU under Electricity Act.
2004
- Entered MoU with REC for rural electrification under Rajiv Gandhi Grameen Vidyutikaran Yojana.
2005
- Commissioned unified load despatch and communications scheme for eastern region.
2006
- Commissioned unified load despatch and communications scheme for western region.
- Granted national long distance service licence.
2007
- Dedicated transmission system for Tala Hydro-Electric Project by Prime Minister.
- Listed equity shares on stock exchanges through IPO.
- Certified with PAS 99:2006 integrating ISO 9001, 14001, and OHSAS 18001.
2008
- Notified as Navratna company.
2009
- Established and commenced commercial operation of NLDC.
- Incorporated wholly owned subsidiary POSOCO.
- Completed 220 kV Pul-e-Khumri to Kabul transmission line in Afghanistan.
- Commissioned Chimtala 220/110/20 kV sub-station in Kabul.
- Received IEEMA Power Award.
- Received NDTV Profit Excellence in Power Transmission Award.
- Received MoP meritorious performance awards: Gold for NER, Silver for Western and Gooty-Raichur project.
- Featured in Platts Top 250 global energy companies and fastest growing.
2010
- Selected as consortium member for National Knowledge Network Project.
- Signed MoU with Jamia Millia Islamia University for technology support.
- POSOCO commenced operations.
- POSOCO entrusted with RLDC operations.
- Transferred RLDC and NLDC assets to POSOCO.
- Received MoP meritorious performance awards: Gold for Western, Silver for Eastern and LILO project.
- Certified with SA 8000:2008.
- Ranked 18th fastest growing Asian energy company by Platts.
- Featured in Forbes Global 2000.
- Received Scope Award for Excellence in Public Sector Management.
2011
- Participated in TBCB for the first time.
- Received Environmental Excellence & Sustainable Development Award.
- Received MoP meritorious performance awards: Gold for Eastern and NER, Silver for Southern regions.
2012
- Test charged 1,200 kV UHVAC line and established 1,200 kV test centre.
- Adopted new vision and mission statements.
- Established India’s first Smart Grid Control Centre at Puducherry.
- Received Excellence in Innovation in Tower Management Award.
- Conferred PowerLine Awards for Best Performing Transmission Company.
- Received India Power Awards for Largest Grid Operating PSU.
2013
- Received international ratings from S&P and Fitch.
- Became part of NOFN project.
- Signed agreements with six NER states for power system improvement and intra-state transmission consultancy.
- Received DSIJ PSU Award for Fastest Growing Navratna in Non-Manufacturing.
- Won Jury Award in Governance Now PSU Awards.
- Ranked Best Company by country in All-Asia Power Sector.
- Received Top Infrastructure Company Award by Dun & Bradstreet.
2014
- Signed MoU with Ministry of Power for FY 2014-15.
- Signed CSR MoA with AIIMS.
- Signed MoUs for Swachh Vidyalaya Abhiyan.
- Conferred Public Service Excellence Award.
- CMD conferred Eminent Electrical Engineer Award.
- Conferred DSIJ PSU Award for Fastest Growing Navratna PSU.
2015
- Acquired Vindhyachal Jabalpur Transmission Limited.
- Acquired Gadarwara (A) Transco Limited and Gadarwara (B) Transmission Limited.
- Approved Rs 2,247.37 crore investment for inter-state transmission project.
- Incorporated wholly owned subsidiary Grid Conductors Ltd.
- Acquired Vemagiri II Transmission Ltd.
2016
- Charged Khammam-Nagarjunasagar 400 kV D/C transmission line.
- Received board approval for Rs 3324 crore investment.
- Began E-Reverse auction for major power equipment.
- Operationalized 1,200 kV test station at Bina.
- Completed Unchahar-Fatehpur 400 kV D/C line under TBCB.
- Completed Srikakulam-Vemagiri 765 kV D/C line under TBCB.
2017
- Entered loan agreement with Asian Development Bank.
- Received unified licence for telecom services.
- Conferred Best Performing Power Transmission Utility Award by CBIP.
- Received Healthy Award by Arogya World.
- Received Dun & Bradstreet Infra Award in Power Transmission.
- Won Golden Peacock Award for Corporate Governance.
- Received Excellence in CSR Award by Amar Ujala.
- Conferred Energy Storage Project of the Year by IESA.
- Won 1st Prize for Best Garden by HUDA.
2018
- Setting up 5 MWp rooftop solar projects.
- Received Golden Peacock Award for CSR.
- Received Dun & Bradstreet Infra Award for Power Transmission.
2019
- Bagged inter-state transmission project.
- Adjudged one of India’s Best Companies to Work for.
- Won PMI India Awards.
2020
- Received GREENTECH Corona Warrior Award.
- Recognized as Best Workplace in Industrial Services by Great Place to Work Institute.
2021
- Won CSR Times Award for Water Conservation and Management.
- Received Gold Award at Exceed CSR Awards for project on education of children affected by violence.
- Issued bonus shares in 1:3 ratio.
2022
- Power Minister inaugurated POWERGRID Vishram Sadan at DMCH.
- Acquired Khetri Narela Transmission Ltd through TBCB.
- Conferred Best CSR Practices Award by World CSR Congress.
- Signed MoU with NFCH for education of violence-affected children.
2023
- Issued bonus shares in 1:3 ratio.
- POWERGRID Ramgarh Transmission Limited commissioned project.
- POWERGRID Meerut Simbhavali Transmission Limited commissioned project.
- POWERGRID Bhuj Transmission Limited commissioned project.
2024
- Acquired Rajasthan IV 4A Power Transmission Limited.
- Commissioned project under NERSS-XII.
- Acquired Khavda V-A Power Transmission Limited.
- Acquired Bikaner B Power Transmission Limited.
- Acquired Khavda PS1 and 3 Transmission Limited under TBCB.
