Power Grid Corporation of India Limited (POWERGRID.BO)

313.45 +11.80 (+3.91%) At close: 03:57PM IST

Power Grid Corporation of India Limited

Saudamini, Plot No. 2
Sector-29 Near IFFCO Chowk
Gurugram 122001
India
91 12 4282 2999
https://www.powergrid.in

Sector(s): Utilities
Industry: Utilities - Regulated Electric
Full-time employees: 8,342

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Ravindra Kumar Tyagi	Chairman, MD & Director of Operations	8.55M	N/A	1967
Mr. G. Ravisankar	CFO, Director of Finance & Director	6.87M	N/A	1967
Mr. Abhay Choudhary	Director of Projects & Whole Time Director	8.43M	N/A	1964
Mr. Mrinal Shrivastava	Company Secretary & Compliance Officer	N/A	N/A	N/A
Dr. Yatindra Dwivedi	Director of Personnel & Director	N/A	N/A	1967
Mr. Deepak Kashyap	Chief Vigilance Officer	N/A	N/A	1962
S.C. Agarwal	Chief Operating Officer of Telecom	N/A	N/A	N/A
A. Anand	Dy. Chief Vigilance Officer	N/A	N/A	N/A
P.V. Nath	Executive Director and CISO of ERP & IT, Information Security	N/A	N/A	N/A
Y.K. Dixit	Chief Operating Officer of International Business, BDD & PI	N/A	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in INR.

Description

Power Grid Corporation of India Limited, an electric power transmission utility, engages in the transmission of power in India. It operates in three segments: Transmission Services, Telecom Services, and Consultancy Services. As of July 31, 2023, the company owned and operated 1,76,109 circuit kms of transmission lines, as well as 275 substations with transformation capacity of 5,12,001 mega volt ampere. It provides consultancy services, including power system planning and techno-economic feasibility studies; environmental and social impact assessment; design and engineering; procurement assistance; project management and construction supervision; asset management; and other services, such as owners' and lenders' engineer service; grid code and tariff mechanisms preparation; legal and technical advisory; and market analysis advisory services, as well as renewable energy certificate mechanism implementation. The company offers its consultancy services. In addition, it provides overhead optic fiber network services using optical ground wire on power transmission lines under the POWERTEL brand name; and operates EV charging stations. The company was formerly known as National Power Transmission Corporation Limited and changed its name to Power Grid Corporation of India Limited in October 1992. Power Grid Corporation of India Limited was incorporated in 1989 and is based in Gurugram, India.

Corporate governance

Power Grid Corporation of India Limited’s ISS governance QualityScore as of 29 April 2024 is 8. The pillar scores are Audit: 7; Board: 9; Shareholder rights: 5; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.