Maharatna central public sector undertaking (CPSE), Power Grid Corporation of India Limited, under the Union ministry of power, has ranked first in the services sector, in the Public Enterprises Survey 2021-22 by Department of Public Enterprises (DPE), Ministry of Finance.
The PSU has ranked first across categories like Gross Block, Value Addition, Net Profit, Net Worth, Dividend Declaration and Contribution to Central Excheque.
Power Grid Corporation of India has also been ranked third amongst the top ten profit making Central Public Sector Enterprises in the survey.
The DPE survey is a unique data repository to measure the progress and contribution of the CPSEs to the economy.
The Company was incorporated on October 23, 1989 under the Companies Act 1956 as ‘National Power Transmission Corporation Limited’, with the responsibility of planning, executing, owning, operating and maintaining the high voltage transmission systems country.
