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Government accords Maharatna status to POWERGRID Corporation of India Limited

Government accords Maharatna status to POWERGRID Corporation of India Limited

Sentinel Digital DeskBy : Sentinel Digital Desk

  |  25 Oct 2019 11:10 AM GMT

guwahati: Power Grid Corporation of India Limited (POWERGRID) has been conferred with the coveted Maharatna status. This was announced on Wednesday by Union Minister of State (I/C) for Power, New & Renewable Energy) RK Singh at the 30th Raising Day celebrations of the company in New Delhi.

The Maharatna status provides enhanced powers to the board of POWERGRID to facilitate expansion of operations, both in domestic as well as global markets.

POWERGRID, the third largest CPSE in India is also the third largest transmission company globally. It has been recognised as ‘Fastest Growing Electric Utility in Asia Pacific’ successively for the last six years, since 2014, stated a press release.

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