Power Grid Corporation Of India Ltd.

BSE: 532898 | NSE: POWERGRID
Large Cap | Power Generation/Distribution
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Power Grid Corporation of India explores entry into 'Wire Business'

Date: 17-10-2012

Power Grid Corporation of India is exploring the entry into 'Wire Business' of the Distribution Sector in power system, and in line with the decision of its Board, will be filing a petition with Odisha Electricity Regulatory Commission (OERC) for exploring issuance of Distribution License for 'Wire Business' only, for a few districts in the Central Electricity Supply Utility of Orissa (CESU) area in Odisha. 

PGCIL is India’s principal electric power transmission company. It owns and operates most of India’s inter-state and inter-regional electric power transmission systems with inter-regional power transfer capacity of about 20,800 MW and wheels nearly 45% of total power generated across India.