POWER GRID CORPORATION OF INDIA IN A POWERFUL POSITION
Dalal Street Investment Journal|July 19, 2021
The establishment of clean and green electricity generating capacities bundled with the development of related transmission and distribution infrastructure is crucial for India’s energy security and therefore provides ample and sustainable opportunities for the perpetual long-term growth of the sector. As such, Power Grid Corporation of India finds itself poised for long-term benefits

Power Grid Corporation of India Limited is an Indian government electricity board and a Maharatna public sector undertaking which is owned by the Ministry of Power, Government of India and is headquartered in Gurugram, India. The company is mainly engaged in the transmission of bulk power across different states of India. It possesses 1,72,154 circuit kilometers (ckm) transmission lines along with 262 sub-stations and 4,46,940 MVA transformation capacity. The company provides transmission-related consultancy to more than 150 domestic clients and has its global footprint in 20 countries, catering to more than 25 clients.

In the telecom segment, the company owns and operates approximately 66,922 km of telecom network. It has a point of presence in 714 locations and an intracity network in 206 cities across India. Since 1993 the company has been paying a dividend and has 51.34 per cent holding by the Government of India and a balance of 48.66 per cent by the public. The company bears in-house expertise for domestic as well as international transmission sector consultancy. It has been diversifying the telecommunication business using existing transmission assets coupled with investment in energy efficiency and investment in smart grid.

Sector Overview

Power is a key and crucial infrastructure requirement and ingredient for economic growth and also for the attainment of high quality of life. Electricity being an essential requirement for all aspects of our life has been recognised as a basic human need. India stands to be the third-largest producer of electricity in the world and ranks well below the global average in electricity consumption as well as in share of electricity in primary energy. The power sector in India has observed a paradigm shift over the years as a result of the constant efforts of the government to create more capacity for electricity from clean sources.

This also includes the effort to provide energy access to its citizens and to improve its energy security by prioritising domestically available energy resources. India has witnessed a significant increase in the power sector in terms of installed capacity in the country during the last five years, driven largely by additions in both thermal and grid-connected renewable energy, mainly wind and solar. In view of the consistency in policy push for renewable energy by the government and its aim to have 40 per cent of the total installed capacity by the year 2030 based on non-fossil fuel sources, the renewable energy sector is poised for a quantum jump.

Continue reading your story on the app

Continue reading your story in the magazine

MORE STORIES FROM DALAL STREET INVESTMENT JOURNALView All

Invest The Right Way

Shalab Gupta Bibhab Founder, Bibhab Capital

3 mins read
Dalal Street Investment Journal
September 13, 2021

Venkatraman Narayanan MD & CFO, Happiest Minds Technologies

''Digital technologies are assuming center-stage across all industry verticals''

6 mins read
Dalal Street Investment Journal
September 13, 2021

Positive Cues Fuel Market Movement

India’s Gross Domestic Product (GDP) for Q1FY22 grew by 20.1 per cent as compared to the 24.4 per cent contraction recorded in the same quarter a year ago.

2 mins read
Dalal Street Investment Journal
September 13, 2021

Global Indices Rally On The Back Of Political Moves

On a wave of buoyancy, Nasdaq and S & P 500 touched fresh highs and gained 2.82 per cent and 1.25 per cent, respectively, during the fortnight.

2 mins read
Dalal Street Investment Journal
September 13, 2021

ESCORTS LIMITED: Riding The High Wave Of Success

Given its strong presence in such infrastructure-related segments as railways, agriculture and construction, On an overall basis, the company is well poised to take a leap of growth in the future as the economy advances

6 mins read
Dalal Street Investment Journal
September 13, 2021

Balancing The Investment Boat

Hemant Rustagi Chief Executive Officer, Wiseinvest Pvt Ltd.

3 mins read
Dalal Street Investment Journal
September 13, 2021

Aneel Gambhir CFO, BLUE DART EXPRESS LTD.

''Our goal has been to turn crisis Into opportunity''

10 mins read
Dalal Street Investment Journal
September 13, 2021

Does Silver Shine As Bright As Gold?

When it comes to investing for the sake of portfolio diversification, most investors prefer to add gold to their kitty. Silver is generally ignored. Why is that so? The article highlights the reasons and also points out to newbie investors the pitfalls of parking funds in this metal

4 mins read
Dalal Street Investment Journal
September 13, 2021

Do You Have A Retirement Insurance Plan?

In order to enjoy the same standard of living once you are retired and do not have a regular income, there is a need to engage in proper financial planning. And this must necessarily include retirement insurance

4 mins read
Dalal Street Investment Journal
September 13, 2021

Debt Mutual Funds Or Public Provident Fund: Take Your Pick!

Both debt funds and the public provident fund have their advantages and drawbacks when it comes to returns, withdrawal facility and taxation. The article takes a deeper look at how these work out for an individual investor and provides guidelines that may match your requirements

6 mins read
Dalal Street Investment Journal
September 13, 2021
RELATED STORIES

THE GAME CHANGER

INSIDE DHD’S RECORD-SETTING DURAMAX

2 mins read
Diesel World
November 2021

Pet Besties

Meet the winners of our first America’s Best Pet Pals contest. Warm fuzzies guaranteed!

10+ mins read
Reader's Digest US
October 2021

Building Community Through Education

KIRAN BIR SETHI is changing the experience of childhood in Indian cities through her education curriculum and initiatives to build healthy relationships between students and their communities. Here she is interviewed by KASHISH KALWANI.

10+ mins read
Heartfulness eMagazine
September 2021

Granny Chic Galore!

A homeowner’s holiday décor is an homage to Christmas at her grandma’s house.

5 mins read
Cottages and Bungalows
FMD Christmas 21

NATURAL FOOD: Sources Of Retinol

Retinol considered the queen in skin care as it increases collagen production, which is a very important aspect in delaying skin aging.

1 min read
Women Fitness
September 2021

INDIANA NOTIFYING 750K AFTER COVID-19 TRACING DATA ACCESSED

Indiana health officials said they are notifying nearly 750,000 state residents that a cybersecurity company “improperly accessed” their personal data from the state’s online COVID-19 contact tracing survey — a description the company disputed as a “falsehood.”

2 mins read
Techlife News
Techlife News #512

What is My Stereo's Gender?

Readers will recall, distressingly, that I have tried their patience on just about every topic that marginally relates to audio. LP grooves, CD bumps, flat response, boomy bass, warm recordings, cold binary bits—I have waxed philosophically on all of them. Which bring us to today’s audio topic: gender.

3 mins read
Sound & Vision
August - September 2021

Love marriage

One of my closest friends in my hometown had a love marriage, which many considered to be a rebellious act against our small society.

2 mins read
Heartfulness eMagazine
August 2021

Contentment - THE ART OF REMOVING AND CREATING HABITS

DAAJI continues his series on refining habits, in the light of Patanjali’s Ashtanga Yoga and current scientific and yogic principles and practices. Last month, he explored the first Niyama of purity, shaucha. This month he shares his insights on that pivotal human quality – contentment, which is known in Yoga as santosh.

10+ mins read
Heartfulness eMagazine
August 2021

Carlyle's Goyal Brings India Lessons to Infrastructure, Energy Investing

POOJA GOYAL, 41, brings a unique personal insight to Carlyle Group Inc., where she leads the renewable and sustainable energy team and co-heads the infrastructure group.

7 mins read
Bloomberg Markets
August - September 2021