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POWERGRID

BSE
296.89999 INR
1.5
0.50%
Last update Jul 16, 3:29 PM IST
Market closed
Day range
295.64999
298.70001
Previous close
298.39999
Open
298.45001
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Power Grid Corporation of India Limited
296.90
1.50
0.50%

Overview

Description

Power Grid Corporation of India Limited is a leading electricity transmission company in India, playing a crucial role in the country's power sector. Its primary function is to facilitate the transmission of electricity across vast geographical distances, ensuring efficient distribution from power plants to consumers. As the central transmission utility in India, the company's network encompasses state-of-the-art High-Voltage Direct Current (HVDC) and Ultra-High Voltage (UHV) lines, which are vital in maintaining grid stability and reliability. Power Grid Corporation manages the bulk power transmission systems and operates regional and national electricity grids, impacting a wide array of sectors, from industrial production to urban infrastructure and rural electrification projects. The company's efforts support India's growing energy demand, driven by industrialization and urban expansion. Its investments and operations are crucial for integrating renewable energy sources into the existing grid infrastructure, thereby supporting India's renewable energy targets. In the financial market, Power Grid Corporation is a significant player, reflecting India's infrastructural growth and energy sector developments. Its performance is indicative of broader trends in energy consumption, regulatory changes, and technological advancements in the power transmission field.

About

CEO
Employees
8316
Address
Saudamini, Plot No. 2
Sector-29
Gurugram, 122001
Phone
91 12 4282 2999
Website
Instrument type
Common stock
Sector
Utilities
Industry
Utilities - Regulated Electric
Country
India
MIC code
XBOM
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