March 26, 2013

Power Grid Corporation of India Ltd. has signed Memorandum of Understanding (MoU) with Ministry of Power, Govt. of India on March 25, 2013 detailing various targets to be achieved by Power Grid during FY 2013-14. The MoU has been signed by Mr. P. Uma Shankar, Secretary (Power), Government of India and Mr. RN Nayak, Chairman & Managing Director, Power Grid.

Physical targets set forth for Power Grid in the MoU 2013-14 include addition of Extra High Voltage transmission lines & transformation capacities. Special emphasis has been given to various activities under Human Resource Management, Research & Development, Corporate Social Responsibility and Sustainability Development, etc.

Power Grid has been consistently receiving highest rating i.e., “Excellent” under MoUs since signing of the first MoU in 1993-94. Company presently owns & operates about 98,370 ckms of transmission lines, 160 EHV sub-stations with transformation capacity of 1,59,000 MVA and wheels about 50% of total power generated in the country. Availability of this gigantic transmission network is consistently maintained over 99%.