Power Grid is a state-owned electric utility company headquartered in Gurugram. It is a Maharatna PSU under the administrative control of the Ministry of Power. The company transmits about 50 percent of the total power generated in India through the transmission network. Its former subsidiary company Power System Operation Corporation Limited (POSOCO) handles power management for the national grid and all state transmission utilities.
(PSU Watch- India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Telegram. Join PSU Watch Channel in your Telegram and stay updated)