Power Grid Corporation of India Ltd Company History

The Company was incorporated as ‘National Power Transmission Corporation Limited’.

Transmission assets from Nuclear Power Corporation Limited were transferred to the Company.

Transmission assets from NTPC, NHPC and North-Eastern Electric Power Corporation Limited were transferred to the Company, with effect from April 1, 1992, pursuant to legislation promulgated by the Parliament. The name of the Company was changed from ‘National Power Transmission Corporation Limited’ to ‘Power Grid Corporation of India Limited’.

Transmission assets of Tehri Hydro Development Corporation Limited were transferred to the Company pursuant to a memorandum of understanding executed between the parties.

The Company entered into a memorandum of understanding with the MoP, which is revised annually. We achieved the highest rating of ‘Excellent’ under the memorandum of understanding. Transmission assets from Neyveli Lignite Corporation Limited were transferred to the Company, with effect from April 1, 1992, pursuant to legislation promulgated by the Parliament.

Five Regional Load Despatch & Communication Centres were in the management of the Company

The Company formulated an Environment and Social Policy and Procedures Code to deal with environmental and social issues relating to its transmission projects. The Company was formally notified as a CTU by the GoI. The Company was declared as a Mini Ratna Category I public sector undertaking by the GoI.

The unified load despatch and communications schemes for the northern and southern regions were commissioned. Part of the Sasaram HVDC back to back transmission system developed by The Company was commissioned contributing towards the development of the first phase of the construction of the National Grid. The Company was issued a registration for Infrastructure Provider Category- I (IP-I) from Director (BS-III), Ministry of Communications and Information Technology.

The Company entered into a joint venture arrangement with The Tata Power Company Limited implementing a part of the entire transmission system associated with Tala Hydro-Electric Project. The 400 kV Raipur-Rourkela transmission line developed by The Company was commissioned and the Western region, Eastern Region and North-Eastern Region began operating in a synchronized manner with a cumulative capacity of 50,000 MW.

The Company secured its first international consultancy contract from Bhutan Telecommunications.

The Company was granted the License for maintaining and operating Internet Service on a non-exclusive basis in India pursuant to the License Agreement dated May 29, 2003 entered into with the Assistant Director General (LR V), DoT.

The Company entered into an MoU with REC for undertaking rural electrification works under the Rajiv Gandhi Grameen Vidyutikaran Yojana.

The unified load despatch and communications scheme for the eastern region was commissioned.

The unified load despatch and communications scheme for the western region was commissioned.

The Company was granted the license for installing, operating and maintaining the national long distance service network and providing national long distance service on a non-exclusive basis within the territorial boundaries of India pursuant to the License Agreement dated July 5, 2006 entered into with the Director (BSIII), DoT.

Dedication of transmission system associated with Tala Hydro-Electric Project by the Prime Minister Dr. Manmohan Singh. Listing of our Equity Shares on the Stock Exchanges through an

initial public offer.

The Company was certified for PAS 99:2006, which integrates the requirement of ISO

9001:2008, ISO 14001:2004 and OHSAS 18001:2007 for standards in relation to quality,

environment and occupational health and safety standards respectively with respect to design,

engineering, procurement, constructionof transmission systems up to 1200kV AC, +/-800 kV,

HVDC, and operation, maintenance activities for transmission system up to 800kV AC & HDVC,

Supervisory Control and Data Acquisition (SCADA), Energy Management Systems and

Communication Projects.

The Company was declared as a Navratna public sector undertaking by the GoI.

The National Load Despatch Centre was established.

The Subsidiary, Power System Operation Corporation Limited, was incorporated

The 220 kV Double Circuit Transmission line from Pul-e-Khumri to Kabul Transmission System (230 kms) in Afghanistan was completed.

Commissioning of the 220/110/20 kV Chimtala sub-station at Kabul, Afghanistan.

Commissioning of the commercial operations of the National Load Despatch Centre.

The Company was awarded First Prize at IEEMA Power Awards

Ceremony for ‘Excellence in Power Transmission’ by NDTV Profit.

The Company was recognised for its meritorious performance by the MoP for the year 2007-08 and won a Gold Shield for the transmission system at North Eastern region, a Silver Shield for the transmission system at the Western region and a Silver Shield for the early completion of the 400 kV Gooty - Raichur D/C (Quad) transmission project. The Company was featured in the list of top 250 global energy companies compiled by Platts, a leading provider of energy and commodities information. The Company was also named amongst the fastest growing global energy companies ranking for 2009 issued by Platts.

The Company was selected as a consortium member to implement the National Knowledge Network Project, a telecommunication infrastructure project. The Company entered into an MoU with Jamia Millia Islamia University for among other things, providing expert opinion and knowledge support in areas for deployment of new technology such as sub stations automation, System Operator in Supervisory Control And Data Acquisition technology/ EMS, etc.

The Company was recognised for its meritorious performance by the MoP for the year 2009-10 and won a Gold Shield for the transmission system at Western region, a Silver Shield for the

transmission system at the Eastern region and a Silver Shield for the LILO of one ckt. of 400 kV

Maithon-Jamshedpur D/C at Mejia B.

The Company is certified with SA 8000:2008 for its Social Accountability System.

The Company was mentioned as being number 18 on the list of fastest growing Asian energy

companies, according to the Platts Top 250 Energy Company Rankings for 2010.

The Company was also featured in the Forbes Global 2000 list.

The Company was awarded the ‘Scope Award for Excellence and Outstanding Contribution to

the Public Sector Management (2008-09) in the Large Scale PSE Category’ by Standing

Conference of Public Enterprises and DPE.

The Company participated in the TBCB for the first time.

The Company was awarded the ‘Environmental Excellence & Sustainable Development award- 2011’ by the Indian Chamber of Commerce.

The Company was recognised for its meritorious performance by the MoP for the year 2010-11 and won a Gold Shield for the transmission system at Eastern region, a Gold Shield for the

transmission system at the North Eastern region and a Silver Shield for the transmission system at the Southern region.

The Company test charged 1,200 kV UHVAC line (the highest voltage in the world) and established its first 1,200 kV test centre. The Company adopted vision statement world class, integrated, global transmission company with dominant leadership in emerging power markets ensuring reliability, safety and economy and based on this vision statement also restated the mission statement.The Company established India’s first Smart Grid Control Centre at Puducherry, under pilot project.

The Company was awarded the ‘Excellence in Innovation in Tower Management’ award at the

INFOCOM CMAI National Telecom Awards 2011.

The Company was conferred with ‘PowerLine Awards 2012’ in the ‘Best Performing Transmission Company’ by Power Line magazine

The Company was awarded the ‘India Power Awards 2012’ under the ‘Largest Grid Operating

PSU category by Council of Power Utilities.

The Company received its international rating from S&P and Fitch rating, for the first time.

The Company became a part of the NOFN project.

The Company signed an agreement with six north eastern region states (Assam, Meghalaya, Mizoram, Manipur, Nagaland and Tripura) to provide consultancy services as project design cum implementation supervision consultant for implementation of the North Eastern Region Power System Improvement Project.

Certifications, Awards and Recognitions

The Company has received the ‘Excellent’ rating under the memorandum of understanding with

the MoP from 1993-1994 to 2011-2012.

The Company was awarded the 4th DSIJ PSU Award 2012 for ‘Fastest Growing Navratna in Non-Manufacturing Category’ by Dalal Street Investment Journal.

The Company also won the ‘Jury Award’ in Governance Now PSU Awards, 2013 by Governance Now, Institute for Competitiveness and Hammurabi and Solomon.

The Company was ranked as the ‘Best Company by country’ of All -Asia in Power Sector

Category by Institutional Investors LLC.

POWERGRID signs MoU with Ministry of Power, Govt. of India

POWERGRID signs Agreements with six NER States for improvement of Intra- State Transmission and Distribution Systems

POWERGRID bestowed with "Top Infrastructure Company Award" by Dun & Bradstreet

MOU signed between POWERGRID and Ministry of Power for FY 2014-15

POWERGRID signs CSR MoA with AIIMS

POWERGRID signs MoUs for supporting "Swachh Vidyalaya Abhiyan" of Govt. of India

POWERGRID conferred with "Public Service Excellence Award 2014" by Delhi Institute of Management

POWERGRID CMD conferred with "Eminent Electrical Engineer Award"

POWERGRID conferred DSIJ PSU Award 2013 for being the "Fastest Growing Navratna PSU"

Power Grid Corpo - Acquisition of 'Vindhyachal Jabalpur Transmission Limited' by POWERGRID under Tariff Based Completive Bidd

Power Grid Corpo - Acquisition of Gadarwara (A) Transco Limited and Gadarwara (B) Transmission Limited

Power Grid Corporation has approved a Rs 2,247.37 crore investment plan for the third part of the inter-state electricity transmission project

Power Grid Corporation has incorporated a wholly owned subsidiary company - Grid Conductors Ltd

Power Grid Corporation - The Acquisition of Vemagiri II Transmission Ltd by POWERGRID

Power Grid Corporation Successfully charged the 1st element of the Project: Khammam - Nagarjunasagar 400kV D/C Transmission

Power Grid gets board approval for investment proposal worth Rs 3324 crores

Power Grid begins E-Reverse auction to procure major power equipments

Power Grid operationalizes 1,200 kV test station at Bina

POWERGRID completed Unchahar-Fatehpur 400 kV D/c line under TBCB

POWERGRID completed Srikakulam - Vemagiri 765 kV D/c line under TBCB

Power Grid sees huge opportunity in rly line electrification

Power Grid Corpo - Enters into loan agreement with Asian Development Bank (ADB)

Power Grid gets unified licence to offer telecom services

Power Grid has been conferred the "Best Performing Power Transmission Utility" Award by Central Board of Irrigation and Power (CBIP).

Power Grid has been awarded "Healthy Award 2017" by Arogya World recognizing it as a Healthy Workplace.

Power Grid has been conferred Dun & Bradstreet Infra Award 2017 in the Power Transmission category.

Power Grid has won the Golden Peacock Award for Excellence in Corporate Governance - 2017.

Power Grid has been bestowed with "Excellence in CSR" Award by the Hindi National Daily, Amar Ujala.

Power Grid has conferred Energy Storage Project of the Year by India Energy Storage Alliance (IESA) for the R&D project,

Power Grid won 1st Prize in the category Best Garden in the City by Haryana Urban Development Authority (HUDA) Gurugram in Spring Fest- Flower Festival 2017.

Power Grid setting up 5 MWp rooftop solar projects.

"Golden Peacock Award for Corporate Social Responsibilty" for the year 2017.

Dun & Bradstreet Infra Award-2018 for Excellence in Power Transmission category.

Power Grid bags inter-state transmission project.

POWERGRID has been adjudged as one of the India’s Best Companies to Work for 2019.

POWERGRID emerged as the Winner of PMI India Awards - 2019.

GREENTECH Corona Warrior Award 2020 for COVID response.

Best Workplaces in Industrial services for 2020 by Great Place to Work Institute, India.

Winner of CSR Times Award 2021 in Water Conservation and Management category for its prestigious project "Integrated Watershed Management at Kalahandi, Odisha" at the 8th National CSR e-summit..

Gold Award for "Project: Caring Children for their Education Affected by Communical, Caste, Ethnic or Terrorist Violence" category in Power Sector at the 10th Exceed CSR Awards 2021.

Company has issued Bonus Shares in the Ratio of 1:3.

Hon’ble Power Minister inaugurates POWERGRID Vishram Sadan at DMCH.

Power Grid Corporation acquires Khetri Narela Transmission Ltd. through TBCB.

Power Grid Corporation Maharatna PSU under Ministry of Power, Government

of India has been conferred the Best CSR Practices Award by the World CSR Congress.

Power Grid Corporation signs MoU with NFCH for education of violence affected children.

Company has issued Bonus Shares in the Ratio of 1:3.

POWERGRID Ramgarh Transmission Limited has successfully commissioned the Project.

POWERGRID Meerut Simbhavali Transmission Limited has successfully commissioned the Project.

POWERGRID Bhuj Transmission Limited Has Successfully Commissioned The Project.