POWERGRID Achieves Top Rank in Service Sector for 2022-23
- Indian Masterminds Bureau
- Published on 15 Feb 2024, 11:49 am IST
- 1 minute read
Highlights
The Public Enterprises Survey 2022-23 offers a concise overview of the financial performance of Central Public Sector Enterprises for the Fiscal Year 2022–2023
In addition to securing second place for undertaking the Corporate Social Responsibility (CSR) Expenditure in the Public Enterprise Survey 2022–2023, Power Grid Corporation of India Limited, a Maharatna Central Public Sector Enterprise (CPSE) operating under the Ministry of Power, has achieved the top rank in the Services Sector across various categories, including Overall Net Profit, Gross Block, Value Addition, Net Worth, Contribution to Central Exchequer and Dividend Declaration.
For assessing and quantifying the progress and contributions of Central Public Sector Enterprises (CPSEs) to the Indian economy, the Public Enterprises Survey 2022-23 offers a concise overview of the financial performance of Central Public Sector Enterprises for the Fiscal Year 2022–2023.
The total transmission assets of POWERGRID and its subsidiaries encompass 1,76,762 circuit km of transmission lines, 276 substations and a transformation capacity of 5,20, 546 MVA, as of January 31, 2024.
POWERGRID has constantly maintained a transmission system availability of over 99.8% for leveraging advanced maintenance techniques, automation and digitization.
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