POWERGRID pays ₹2067.68 Cr to Ministry of Power as 2nd Interim Dividend for FY 2023-24

POWERGRID pays ₹2067.68 Cr to Ministry of Power as 2nd Interim Dividend for FY 2023-24

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POWERGRID logo

Power Grid Corporation of India Limited (POWERGRID), a Maharatna Central Public Sector Enterprise under the Ministry of Power, Govt. of India, paid ₹2067,68,20,860/- as second interim
dividend for FY 2023-24 to Government of India on 5th March 2024 at Ministry of Power, New Delhi.

A cheque was presented to Hon’ble Cabinet Minister of Power, New and Renewable Energy, Shri R. K. Singh in presence of Shri Pankaj Agarwal, Secretary (Power), Govt. of India, Shri R. K. Tyagi, CMD, Shri G. Ravisankar, Director (Finance), Shri Abhay Choudhary, Director (Projects), Dr. Yatindra Dwivedi, Director (Personnel), Shri Chetan Bansilal Kankariya, Independent Director, Shri Ram Naresh Tiwari, Independent Director and Executive Directors of POWERGRID.

As on 29th February 2024, POWERGRID has commissioned and operating 276 Sub-stations and more than 1,76,762 ckm transmission lines and 5,22,046 MVA of transformation capacity. With the adoption of latest technological tools and techniques, enhanced use of automation and digital solutions, POWERGRID has been able to maintain average transmission system availability of 99.86%.

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