5.65 (2.19%) Power Grid Corporation of India has signed a memorandum of understanding (MoU) with Ministry of Power, Government of India detailing various targets to be achieved by the company during FY 2012-13. The MoU has been signed by Secretary (Power), Government of India and Chairman and Managing Director of the company.
The physical targets set forth for the company in the MoU 2012-13 include addition of 7,240 Gigawatt-Circuit kilometers of Extra High Voltage transmission lines and 20,000 MVA of transformation capacity.
Further, as a contribution towards power sector reforms, target of energisation of 1,100 villages and providing 2 lakh connections to Below Poverty Line (BPL) households has also been set for the company under Rajeev Gandhi Grameena Vidhyutikaran Yojana (RGGVY).
Also, special emphasis has been given to various activities under Human Resource Management, Research & Development, Corporate Social Responsibility, Sustainable Development, Compliance of Corporate Governance and DPE Guidelines, etc.