Power Grid Corporation of India Net Worth, CEO, Founder, Head Office, History
The company Power Grid Corporation of India Limited, called as POWERGRID in short, is a primary source for Indian developing power infrastructure. For a proper and dependable electricity transmission solution in India, this company has a lot of contributions. In spreading electricity all over the nation, this is one of the companies that the government relied on. Here are a number of details about the company in brief.
|Anil Kumar Das
|Government of India
Net Worth of Power Grid Corporation of India
The net worth of Power Grid Corporation of India is roughly $31 billion USD.
CEO of Power Grid Corporation of India
Anil Kumar Das was Power Grid Corporation of India Limited’s Chairman and MD. The POWERGRID CEO leads the company, sets strategic directions, and ensures its development and success.
Founder of Power Grid Corporation of India
POWERGRID was built by Indian Government to improve power transmission and distribution. Thus, no one began it traditionally. Instead, government actions united POWERGRID to satisfy India’s electrical needs.
Head Office Location
Power Grid Corporation of India Limited is headquartered in Gurugram, Haryana. Here is the exact address:
Power Grid Corporation of India Limited, B-9, Qutab Institutional Area, Katwaria Sarai, New Delhi – 110016, India.
The company’s administrative, operational, and strategic operations are coordinated at POWERGRID’s main office, which ensures efficient power transmission nationwide.
History of Power Grid Corporation of India
POWERGRID went public on October 23, 1989. The Indian government formed it to enhance electricity transmission and distribution. In 2008, POWERGRID was recognized a ‘Navratna’ corporation for its power industry competence. POWERGRID’s creation was crucial to India’s growing power demands and energy transmission network reliability. To assure electricity flow, the company developed, constructed, and maintained high-voltage transmission networks.
POWERGRID has electrified millions of remote households and businesses. Innovation, sustainability, and expertise have made the firm an Indian power infrastructure mainstay. Grid Corporation of India has enhanced India’s power sector and economy. In India, POWERGRID develops, operates, and maintains high-voltage transmission lines. Customer power is consistent and continuous because energy flows smoothly from power sources to distribution networks.
Cross-border electricity transmission projects by POWERGRID promote energy security by moving power across countries. The corporation invests in R&D to adopt new technology, improve grid efficiency, and resistance to natural disasters. POWERGRID decreases carbon emissions for the environment. It promotes energy-efficient technologies and green behaviors.
The understanding of the future and what challenges are in store has made POWERGRID comes up with new ideas. For ensuring the grid reliability in the country, the company has never stopped to progress. Modernizing the practice of renewable energy, this company is on the verge of offering great new promises in the coming days.