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POWERGRID commits Rs 200 crore to 'PM CARES Fund'

PowerGrid has announced a financial assistance of Rs 200 crore to 'PM CARES Fund' to fight against the Coronavirus (COVID-19) pandemic
New Delhi: As India fights Coronavirus (COVID-19), a highly contagious disease, PowerGrid Corporation of India Limited (PGCIL) has joined hands with the nation in the fight against Coronavirus (COVID-19). PowerGrid has announced a financial support of 200 crore to 'PM CARES Fund' under its corporate social responsibility (CSR) initiative. "As responsible corporate citizen, PowerGrid has contributed Rs 130 crore to Prime Minister's CARES fund. To help fight the COVID-19 pandemic, it has committed another contribution of Rs 70 crore in the next financial year. This makes PowerGrid's total contribution as 200 crore. PowerGrid's employees are also contributing a part of their salary towards the cause," the company said in a tweet on Monday. POWERGRID has also distributed food packets in slum areas to help the needy in such difficult times. The labourers and contractual workers at transmission/construction sites are also being provided with masks, soaps, sanitizers, packed food items, grocery items and medical support in all POWERGRID Sub-stations in the country. As part of preparedness due to outbreak of COVID-19, a backup plan has been prepared for manning all the Sub-stations in the country to ensure uninterrupted power supply.

POWERGRID

PowerGrid is a state-owned electric utility company headquartered in Gurugram. The company transmits about 50 percent of the total power generated in India through its transmission network. Its former subsidiary company Power System Operation Corporation Limited (POSOCO) handles power management for the national grid and all state transmission utilities.