Gurgaon, Nov 12: Power Grid Corporation of India Limited (POWERGRID), a Maharatna company under the Union Ministry of Power and the Central Transmission Utility (CTU) of the country has posted a Profit After Tax (PAT) of Rs 3,094 crore and a Total Income of  Rs  9,831 crore on a consolidated basis for the 2nd quarter of the 2020-21 financial year.
On a standalone basis, the company posted a PAT and Total Income of Rs 3,117 crore and Rs 9,890 crore respectively for the said quarter which is an increase of about 23% & 8% respectively compared to the corresponding period of FY20. For a six-month period (H1FY21), the PAT and Total Income on consolidated basis are Rs 5,142 crore and Rs 19,648 crore respectively which are about 1% and 6% higher with respect to the corresponding period of FY20. On a standalone basis, the PAT and Total Income are Rs 5,097 crore and Rs 19,511 crore respectively which is a growth of 3% and 6% respectively. 
In terms of new projects during this quarter, POWERGRID has commissioned Pole-1 of Bipole-I of the prestigious 6000 MW Raigarh-Pugalur HVDC system despite various challenges and lockdown restrictions along with the 1765 km long ±800 kV Raigarh-Pugalur HVDC transmission line traversing through five states and the 400 KV D/c Pugalur-Arasur and 400 KV D/c Pugalur-Pugalur transmission lines. These new infra additions will facilitate quality and reliable power flow of 1500 MW from the Western to Southern Region. The other major assets commissioned during the quarter are 400 KV D/C NNTPS-Ariyalur TL, 400 KV D/C Banaskantha-Radhanesda TL and ICTs at Gorakhpur, Bhuj, Radhanesda, Raigarh and Pugalur substations.
The company’s physical assets along with its subsidiaries at the end of H1FY21 stood at 168,140 CKM of transmission lines, 252 substations and more than 419,800 MVA of transformation capacity. Adoption of latest technology, enhanced use of automation and digital solutions has helped POWERGRID in maintaining an average transmission availability of 99.83% during H1FY21. 
POWERGRID PR 

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Kenter Joya Riba

(Managing Editor)
      She is a graduate in Science with post graduation in Sociology from University of Pune. She has been in the media industry for nearly a decade. Before turning to print business, she has been associated with radio and television.
Email: kenterjoyaz@easternsentinel.in / editoreasternsentinel@gmail.com
Phone: 0360-2212313

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