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Powergrid gets MoU excellence award

Power Grid Corporation of India Limited (POWERGRID), a Navratna company and the Central Transmission Utility (CTU) of the country, has been conferred with the prestigious ‘MoU Excellence Award’ consecutively for 2006-07 & 2007-08, by the Department of Public Enterprises, Ministry of Heavy Industries & Public Enterprises for being the top performer in the Energy Sector. The awards were presented to SK Chaturvedi, CMD, POWERGRID by Prime Minister Manmohan Singh, in a ceremony held at Vigyan Bhawan, New Delhi.

POWERGRID has been consistently rated ‘Excellent’ based on the performance vis-à-vis targets in the MoU signed with Ministry of Power, since the signing of its first MoU for 1993-94. POWERGRID has received this prestigious ‘MoU Excellence Award’ on total eight occasions, in which continuously for last five years in a row, an outstanding achievement. It reflects consistently high-level of performance by the corporation. In fact, getting ‘MoU Excellence Award’ in a row for five years (i.e. from 2003-04 to 2007-08) is a rare feat achieved by any public sector enterprise. POWERGRID has emerged as one of the largest and best managed transmission utilities in the world and is playing a strategic role in Indian power sector.

At present, POWERGRID is operating around 72,800 ckt kms of transmission lines and 124 sub-stations, while maintaining a system availability of over 99%.

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