Power Grid ranked 1st in services sector across categories in PE Survey 2021-22

Power Grid has been ranked 1st in Services Sector across various categories in the recently published Public Enterprises Survey 2021-22 by Department of Public Enterprises (DPE)

Alt=
Power Grid ranked 1st in services sector across categories in PE Survey 2021-22

New Delhi: Power Grid Corporation of India Limited (Power Grid), a Maharatna CPSE of Ministry of Power, has been ranked 1st in the Services Sector across categories Gross Block, Value Addition, Net Profit, Net Worth, Dividend Declaration and Contribution to Central Exchequer and has also been ranked 3rd amongst Top 10 Profit Making CPSEs in the recently published Public Enterprises Survey 2021-22 by Department of Public Enterprises (DPE), Ministry of Finance, Government of India.

The Public Enterprises Survey is a unique data repository to measure the progress and contribution of the CPSEs to the Indian Economy.

The total transmission assets of Power Grid and its subsidiaries as on December 31, 2022 include 1,73,791 circuit km of transmission lines, 270 substations and transformation capacity of 4,93,043 MVA. With the use of state-of-the-art maintenance techniques, automation and digitization, Power Grid has maintained transmission system availability more than 99 percent.

Disclaimer: This story is a press release and is being published without any editing by the PSU Watch desk. Our editorial team has only changed the headline.

(PSU Watch– India’s Business News center that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)