Power Grid Corporation of India Limited (POWERGRID)
- It was established in 1989 under the Companies Act of 1956 as the National Power Transmission Corporation of India Limited.
- Renamed POWERGRID in 1992.
- Among the largest electric power transmission utilities in India.
- Holds the Maharatna status granted by the Union government.
- Headquartered in Gurugram.
Maharatna Companies in India
Maharatna companies in India are a distinct category among Public Sector Undertakings. The term “Maharatna”, which means “a great jewel” in Hindi, highlights the importance of these companies in the national economy and their impact globally. To have the Maharatna status, companies must meet specific criteria set by the Indian government, including already holding Navratna status, being listed on India’s stock exchange with a minimum prescribed public shareholding, and maintaining strong financial performance.
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