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The Power Grid Corporation of India Limited was incorporated on 23 October 1989 [5] under the Companies Act, 1956 with an authorized share capital of Rs. 5,000 Crore (subsequently enhanced to Rs. 10,000 Crore in Financial Year (FY) 2007–08) as a public limited company, wholly owned by the Government of India with 51.34% stake in the company as on 31 December 2020 and as principal electric ...
On 2 July 1998, recognizing the needs for reforms in the electricity sector nationwide, the Government of India moved forward to enact the Electricity Regulatory Commission Act of 1998, [1] which mandated the creation of the Central Electricity Regulation Commission with the charge of setting the tariff of centrally owned or controlled generation companies.
Central Government, through Ministry of Power in exercise of the power conferred by sub-section (3) of Section 26 and sub-section (2) of Section 27 of the Electricity Act, 2003 by notification dt. 27 September 2010 in the Gazette of India, notified that the Power System Operation Corporation Ltd (POSOCO), a wholly owned subsidiary of the Power Grid Corporation of India Limited (a Government ...
It is the largest power company in India with an installed capacity of 76442.78 MW. [5] Although the company has approximately 16% of the total national capacity, it contributes to over 25% of total power generation due to its focus on operating its power plants at higher efficiency levels (approximately 80.2% against the national PLF rate of ...
A 2000 MW HVDC Station has commissioned by Power Grid Corporation of India Ltd. at Madakkathara as part of Raigarh-Pugalur-Thrissur HVDC Project. This is the first HVDC Project in Kerala and the fourth project in South India after Kolar, Vizag and Pugalur. The project was inaugurated by Prime Minister Narendra Modi in February 2021. [4]
The Mission has set the ambitious target of deploying 20,000 MW of grid-connected solar power by 2022. Further, Government has revised the target of Grid Connected Solar Power Projects from 20,000 MW by the year 2021-22 to 100,000 MW by the year 2021-22 under the National Solar Mission and it was approved by Cabinet on 17 June 2015. [7]
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With 1,436 electric power generators and 85,103 miles of transmission lines, PJM delivered 783 terawatt-hours of electricity in 2021. [5] Started in 1927, the pool was renamed the Pennsylvania-New Jersey-Maryland Interconnection (PJM) in 1956. The organization continues to integrate additional utility transmission systems into its operations.