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14th September 2015, 10:42 AM
Super Moderator
 
Join Date: May 2012
Re: Power Grid Corporation of India History

Power Grid Corporation of India is a Central Public Sector Enterprise. It is an electric utilities company headquartered in Gurgaon.

Company established on 23 October 1989 . Company established under the Companies Act, 1956 with an authorized share capital of Rs. 5,000 Crore.

Its original name was the 'National Power Transmission Corporation Limited'. Name of company was subsequently changed to Power Grid Corporation of India Limited, on October 23, 1992.


Some details :
Central Transmission Utility (CTU) of India.

India’s largest Electric Power Transmission Utility.

Listed Company since 2007.

Credit Rating

International : at par with Sovereign rating i.e. ‘BBB-’ (Outlook : Stable) by Fitch and S&P.

Domestic : Stable/ Highest Safety rating ‘AAA’ by CARE,CRISIL & ICRA


Consistently rated “Excellent” under Memorandum of Understanding with Ministry of Power since 1993-94



Company overview :



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