Industry Details

Company Profile

General Description POWERGRID, in line with its mandate, is discharging its

responsibilities efficiently in Construction and Operation & Maintenance of inter-State
transmission system and operation of Regional Power Grids. It has been notified as the Central
Transmission Utility (CTU) of the country. Based on its impeccable performance in a short span
of time, POWERGRID was recognized as the Miniratna Category–I PSU by GoI w.e.f. Oct’98.
POWERGRID achieved many milestones & established benchmarks in various areas of its
business operations and is playing a strategic role in Indian Power Sector in establishing &
maintaining transmission infrastructure. Recognising POWERGRID’s sterling performance,
Government of India conferred the status of “Navratna” to POWERGRID w.e.f 1st May, 2008.

Establishment of National Grid

The objective of Power Grid Corporation of India Ltd is to create a strong and vibrant National
Grid in the country to ensure the optimum utilization of generating resources, conservation of an
eco-sensitive right of way and the flexibility to accommodate the uncertainty of generation
plans.With the modernisation of RLDCs and implementation of various inter-regional links,
inter-regional power exchange has grown manifold. During FY 2007-08, about 43,000 MUs of
inter-regional energy transfer was facilitated--an increase of about 13% compared to the
previous year (about 38,000 MU). Growth of inter-regional power exchange has helped in
meeting more demand in energy deficit regions besides achieving overall economy. Inter-
regional power transfer capacity of the National Grid has been enhanced to about 17,000 MW in
FY 2007-08. Four major power regions of the country namely, North-Eastern, Eastern, Western
and Northern are now operating as one synchronous grid (same frequency). Southern Regional
grid is connected to this synchronous grid through HVDC links.A transmission plan has also
been evolved for strengthening the regional grids and to support the generation capacity addition
program of about 78,000 MW during XI Plan. In line with the perspective plan, various inter-
regional transmission schemes have been undertaken for implementation by
POWERGRID.Several milestones have been achieved by The Power Grid Corporation of India
Ltd as a part of the development of the National Grid such as the implementation of Asia’s
longest Talcher-Kolar HVDC Bipole link including its upgradation, Sasaram HVDC back-to-
back link, 400 kV D/C Synchronous interconnection between Eastern and Western Region
including series compensation, Augmentation of Gazuwaka HVDC, Muzaffarpur-Gorakhpur400
kV D/c line under Tala Transmission System, Agra-Gwalior 765 kV S/C line (operating at 400
kV), Patna-Balia 400 kV D/c line, Biharshariff-Balia 400 kV D/c line, etc. Establishment of the
ultimate National Grid is on fast track and a number of projects are under implementation/
planned which would enhance Inter-regional power transfer capacity of the National Grid to
more than 37,000 MW by year 2012.
  Graph: Growing Inter-regional Energy Exchange

Grid Management
Grid Management is carried out through a hierarchial control philoshophy using Supervisory
Control and Data Acquisition(SCADA). For this purpose POWERGRID has established state-
of-the-art Load Despatch Centres with apex establishment, National Load Despatch
Centre(NLDC) at Delhi and five(5) Regional Load Despatch Centres as below:

 Eastern Region Load Despatch Centre, Kolkatta

 North Eastern Region Load Despatch Centre, Shillong
 Northern Region Load Despatch Centre, New Delhi
 Southern Region Load Despatch Centre, Bangaluru
 Western Region Load Despatch Centre, Mumbai

POWERGRIDs Diversification into Telecom

POWERGRID’s Telecom Business With the vision to bridge the digital divide in the country
and ensure that benefits of information revolution reach the entire length and breadth of the
country, POWERGRID has diversified into Telecom utilizing right of way on its Extra High
Voltage Power Transmission Network infrastructure in the country with its brand name as
POWERTEL.Among the telecom players, POWERGRID is the only utility in the country
having overhead optic fibre network using OPGW (Optical Ground Wire) on power
transmission lines. POWERGRID has an all India Broad Band Telecom Network of about
20,733 Kms with multiple self resilient rings for backbone as well as intra city access networks
connecting more than 129 cities across the country and ensuring a reliability of more than
99.9%. POWERGRID has following Telecom Licenses:

 Infrastructure Provider Category - I (IP-I license)

 NLD License for providing end-to-end bandwidth
 ISP category ‘A’ license to provide internet services in the country

Services Provided On POWERGRID’s Network:

The Network is capable of managing 32 channel DWDM system, connecting all the metros and
remote locations in North East and Jammu & Kashmir. The balance network deploys SDH
(STM 16/STM 4) systems. The following services are available on POWERGRID’s network:

 E1/E3/DS3/STM1/STM4/STM16 Leased Line

 Ethernet Private Leased Line
 Multi-site LAN Interconnect plus Internet Access
 Internet bandwidth

Unique Features Of POWERGRID’s Telecom Network

Most of the POWERGRID’s optic fibre backbone network is laid overhead on the extra high
voltage Power transmission lines .The Telecom network on the Transmission lines has proved to
be sturdy and secure, rodent menace free, vandalism proof which offers it distinct advantage
over the underground optic fibre. The other advantages of leasing bandwidth capacity on
POWERGRID’s Telecom route are:

 Instant bandwidth allocation on POWERGRID’s Telecom route

 End to end connectivity
 Instant upgradation to higher capacity
 Better Service Level
 Services catering to the specific needs of the customers
 High reliability, high quality service in a cost effective manner

Distribution Management
POWERGRID has taken a lead role in strengthening the distribution infrastructure. Further,
POWERGRID is making a valuable contribution to Government of India’s flagship programme
Rajiv Gandhi Grameen Vidyutikaran Yojana (RGGVY) aimed at bringing qualitative changes &
improvement in Rural areas by providing comprehensive electricity infrastructure in villages
coupled with provision of electricity service connections to all households falling under “Below
Poverty Level (BPL)” category. Under the RGGVY, POWERGRID has been assigned with
rural electrification projects in nine states, namely Assam, Bihar, Chhattisgarh, Gujarat, Orissa,,
Rajasthan, Tripura, Uttar Pradesh and West Bengal. These projects involve creation of rural
electricity infrastructure facilities in approximately 71,500 villages & free electricity service
connections to about 37 lakh BPL households in 65 districts, with an estimated investment of
Rs. 6100 Crore. Till December 15, 2010, electricity infrastructure has been established in total
48,121 villages along with provision of electricity service connections to about 23.63 lakh BPL
households by POWERGRID.
Financial Year No. of Villages (Cumulative) BPL HH (Cumulative in Lakh) Mar`06 2682 0.08
Mar`07 17376 1.13 Mar`08 22068 3.01 Mar`09 28791 9.32 Mar`10 37923 16.19 till 15 Dec`10
48121 23.63
Company Specific:
Vision

Mission

“Establishment and Operation of Regional and National Power Grids to facilitate transfer
of electric power within and across the regions with Reliability, Security and Economy, on
sound commercial principles.”
Values/Code of Conduct
CODE OF CONDUCT The Board of Directors has laid down a Code of Conduct for Board
Members as well as for other Senior Management Personnel as a step towards high standards of
personal and professional integrity, ethical conduct while working for the Company.

 Code of Conduct for Board Members

 Code of Conduct for Senior Management Personnel
 Code of Internal Procedure and Conduct for Prevention of Insider Trading

Code of Conduct for Board Members

In this Code, unless repugnant to the meaning or context thereof, the following
expressions shall have the meaning given to them below:
1 The term “Board / Board of Directors” shall mean the Board of Directors of
the Company.
2 The term “Board Members” shall mean the Members on the Board of
Directors of the Company.
3 The term “Whole-time Directors” shall mean the Board Members who are in
whole-time employment of the Company.
4 The term “Non-Whole-time Directors” shall mean the Board Members who
are Part-time Directors and not in whole time employment of the Company.
5 The term “Relative” shall mean ‘relative’ as defined in Section 2(41) and
Section 6 read with Schedule IA of the Companies Act, 1956.
6 The term “Conflict of Interest” means where the interests or benefits of one
person or entity conflict with the interests or benefits of the company.

Code of Conduct for Senior Management Personnel

In this Code, unless repugnant to the meaning or context thereof, the
following expressions shall have the meaning given to them below:
1 The term “Board / Board of Directors” shall mean the Board of Directors of
the Company.
2 The term “Senior Management Personnel” shall mean employees of the
Company who are members of its core management team excluding
Board of Directors and would comprise all Executive Directors, General
Managers, Heads of Regions and Regional Load Despatch Centers,
Company Secretary and other Functional Head(s), if reporting directly to a
Director.
3 The term “Relative” shall mean ‘relative’ as defined in Section 2(41) and
Section 6 read with Schedule IA of the Companies Act, 1956.
History/Milestone

Background

In 1980, the Rajadhyaksha Committee on Power Sector Reforms submitted its report to the
Government of India suggesting that extensive reforms were needed in the Indian power sector. 
In 1981, the Government of India took a policy decision to form a National Power Grid, which
would pave the way for the integrated operation of the central and regional transmission systems.

In October 23, 1989 under the Companies Act, 1956, the National Power Transmission
Corporation Limited  was formed, and assigned the responsibility of planning, executing,
owning, operating and maintaining the high voltage transmission systems in the country.In
October 1992 , the National Power Transmission Corporations name was changed to Power Grid
Corporation of India Limited, as we know of it today.

Milestones Achieved

July 2010: Approval to the Follow-on Public Offer of POWERGRID

March 2010: Ceritficate for Commencement of Business issued to Power System Operation
Corporation Limited.

March 2009: POWERGRID`s wholly owned subsidiary, Power System Operation Corporation

Limited, was incorporated.

February 2009: POWERGRID established National Load Despatch Centre (NLDC) at New
Delhi.

May 2008 : POWERGRID was notified as a Navratna Company.

October 2007: POWERGRID`s Listing of Equity Shares on the Stock Exchanges.

December 1998:  POWERGRID was notified as the Central Transmission Utility by the
Government of India. POWERGRID continues to be the CTU under the Electricity Act, 2003 as
per the notification issued by the GoI on November 27, 2003.

October 1998 : POWERGRID was notified as a Mini Ratna (Category I) company by the
Government of India.

1996-1994: Control of the five regional load despatch and communication centres was
transferred to POWERGRID in a phased manner. POWERGRID  undertook the unified load
despatch and communication project (“ULDC”) under which modernized load despatch facilities
have been established in each of the five regional centres. The establishment of a national load
despatch centre is also underway.
 
1994: The Government of India entrusted POWERGRID with the responsibility of controlling
the existing load despatch centres in the country with a view to achieve better grid management
and operation.

August 1993: The transmission assets of Tehri Hydro Development Corporation Limited are
transferred to POWERGRID.

January 1993: The National Thermal Power Corporation Limited, the National Hydro Electric
Power Corporation Limited and the North-Eastern Electric Power Corporation Limited
(Acquisition and Transfer of Power Transmission Systems) Ordinance (“Power Transmission
Systems Ordinance”) was enacted , pursuant to which the right, title and interest of these three
power generating companies in relation to the power transmission system, comprising of the
main transmission lines, including the extra high voltage alternative current transmission lines
and the HVDC lines, and sub-stations, owned by them, were acquired by the Government of
India and transferred to Company, with effect from April 1, 1992

April 1992: Transmission assets of Neyveli Lignite Corporation Limited were taken over by
POWERGRID  under the Neyveli Lignite Corporation Limited (Acquisition and Transfer of
Power Transmission System) Act, 1994.
 
April 1991: The transmission assets of Nuclear Power Corporation Limited were transferred to
POWERGRID
Management Teams

SHRI S. K. CHATURVEDI
Chairman & Managing Director
Shri S. K. Chaturvedi,   aged 59 years, is the Chairman & Managing
Director of our Company. He is a First Class First Graduate and Post
Graduate in Science from University of Lucknow. He holds a Post
Graduate Diploma in Personnel Management & IR and is a seasoned
HR professional with varied experience of more than 30 years in the
area of Human Resource Management, Industrial Relations and
Organisational Development. He has also worked with Steel
Authority of India Ltd., NTPC Ltd., POWERGRID (for more than
thirteen years in  POWERGRID  from  August 1991) in  various 
capacities in  HR and then joined NHPC Ltd. as  Director
(Personnel)  in  October, 2004.  A strong votary of   human
development, Shri Chaturvedi has introduced several new concepts of
employee development and was responsible for initiating several
progressive HR policies in the organizations he has served. Shri
Chaturvedi joined POWERGRID as Chairman & Managing Director
on 01.08.2008.
 
SHRI J. SRIDHARAN
Director (Finance)
Shri J. Sridharan,   aged 59 years, is the Director (Finance) of our
Company. He graduated with a Bachelor of Commerce degree from
Madras University. He is a member of Institute of Chartered
Accountants of India and Institute of Cost and Works Accountants of
India. He has 35 years of work experience primarily in the field of
financial management. Prior to joining our Company in 2000, he has
worked in organizations such as Airport Authority of India and
Bharat Heavy Electricals Limited. He was appointed as a Director on
our Board in December, 2005.

 
SHRI V. M. KAUL
Director (Personnel)
Shri V. M. Kaul aged 58 years, is the Director (Personnel) of our
Company. He is a first class Bachelor of Mechanical Engineering
from IIT, Delhi with MBA Degree from IGNOU. Shri Kaul has over
36 years of work experience primarily in the power sector. He has
previously held the position of Executive Director (Human
Resource), Executive Director in-charge of Private Investment and
Business Development and Corporate Planning. Prior to joining our
company  Shri Kaul has worked for 23 years in NTPC and handled
 various multi-disciplinary functions like Contract Management,
Project Management, Joint Venture, Quality Assurance and
Inspection; five years in Engineers India Limited. He was appointed
as a Director on our Board in March, 2009.

 
MR. R.N.NAYAK
Director (Operations)
Shri R.N.Nayak, aged 54 years, is the Director (Operations) of our
Company. He is a first class Bachelor of Electrical Engineering from
REC Rourkela and holds an M.Tech(Electrical) from IIT Kharagpur.
Shri Nayak has over 32 years of work experience, primarily in the
power sector.   He has worked for more than 19 years in
  POWERGRID and handled various multi-disciplinary functions like
Engineering, Load Despatch & Communication, Contract
Management, Quality Assurance and Inspection; Telecom and
Human Resources. He has previously held the positions of Executive
Director (Engineering & QA&I); Executive Director (Human
Resource), Executive Director (R&D) in POWERGRID. Prior to
joining POWERGRID in 1990, he has worked for about 7 years in
NTPC and had a stint with SAIL. He has introduced many new
technologies in the Indian Power Sector such as ±800 KV HVDC and
1200 KV AC UHV.  He has also published and presented a large
number of technical papers in various reputed International/National
journals/conferences.  Considering his contribution to power sector,
he has been awarded P.M. Ahluwalia Award; is a Senior Member of
IEEE and has been honored with Fellow of the Indian National
Academy of Engineering(INAE) in Electrical Engineering Field. He
was appointed as a Director on our Board in May, 2009.

 
 

   
Dr. M. RAVI KANTH
Government Nominee
Dr. M. Ravi Kanth, aged 49 years, is a government nominee Director
of our Company. He is M.A (Eco.) and L.L.B. He is also an M.B.A
from Melbourne, Australia. Dr. Kanth is an officer of Indian
Administrative Service (RR) (1986). He is currently Joint Secretary
(Transmission) in the Ministry of Power. Prior to that, Dr. M. Ravi
Kanth was working as C.M.D, National Handicapped Finance and
Development Corporation, Ministry of Social Justice &
Empowerment. He has held various important positions in
Government both at the State and Central level. He was appointed as
a Director on our Board in December, 2009.

 
SHRI RAKESH JAIN
Government Nominee
Shri Rakesh Jain, aged 53 years, is a Government nominee Director
of our Company. He holds Masters Degree in Physics from Delhi
University. He is an officer of Indian Audit & Accounts Service
(1981). He is currently Joint Secretary and Financial Adviser
(JS&FA) in the Ministry of Power. He is a Government nominee
Director on the Board of Directors of NTPC Ltd., NHPC Ltd., PFC
and EESL under the Ministry of power. Before joining Ministry of
power, he has held various important positions such as Director
General (Accounts, Entitlement, Complaints & Information System);
Principal Director (Report States) – Office of Comptroller & Auditor
General of India; Accountant General (AG) (Audit), Rajasthan;
AG(AE-II) Madhya Pradesh; Principal Director (Commercial Audit)
Ranchi and Principal Director of Audit, Embassy of India,
Washington, USA. He was appointed as a Director on our Board in
June, 2009.

SHRI S. C. TRIPATHI
Independent Director
Shri S. C. Tripathi, aged 64 years, is an Independent Director of our
Company. He holds a master’s degree in Science (Physics – Spl.
Electronics) from Allahabad  University,  LL.B, Diploma in
Development (Cantab.), AIMA Diploma in Management. He joined
the Indian Administrative Services in 1968 and retired as Secretary to
the Government of India, Ministry of Petroleum and Natural Gas on
31.12.05. He has held important positions in Government both at the
State and Central level. He spent nearly 20 years in Finance and
Industry Sector at Chief Executive/Secretary level at State and Chief
Executive/Jt. Secretary/Addl. Secretary/Secretary level at Central
Govt. and in representative capacity at International levels. He was
appointed as a Director on our Board in April, 2008.

SHRI ASHOK KHANNA

Independent Director
Shri Ashok Khanna, aged 62 years, is an Independent Director of our
Company. He is a first class B.Tech. (Hons.) in textile from Bradford
University (U.K.).  He is Ex. President of PHD Chamber of
Commerce and Industry (PHDCCI) and Founder Chairman of
Confederation of Indian Industry (CII), Himachal Pradesh. He has
been on the Managing Committee of Federation of Indian Chambers
of Commerce and Industry (FICCI) and also remained
Member/Director of various important organizations/associations.
Presently, he is on the Managing Committee of Associated Chambers
of Commerce and Industry of India (ASSOCHAM) and is Chairman-
Internal Trade Committee of ASSOCHAM. He was appointed as
Director on our Board in April, 2008.

 
SMT. SARITA PRASAD
Smt. Sarita Prasad, aged 64 years, is an Independent Director of our 
Company.   She  holds a  Masters Degree  in  Economics  from  the 
Delhi  School  of  Economics  and  Diploma in Development
Administration from Birmingham University U.K.  She joined the
Indian Administrative Service in  1969  and  retired  as  Secretary  to 
Government  of  India,  Ministry  of  Social  Justice  and
Empowerment  on  31.08.2006.   She  has held  important  postings 
in  the Central  and  State Government.   She was  Managing 
Director  of  three  State  Corporations  and  Financial Commissioner,
Irrigation and Water Supply in the State Government.  In the
Government of India she worked as Director in the Ministry of
Defence and Joint Secretary in the Ministry of Personnel.  She is a
Director of our Board with effect from August, 2008.

 
DR. A. S. NARAG
Dr. A. S. Narag, aged 64 years, is an Independent Director of our
Company. He graduated with a Master of Science degree and PhD
from Delhi University and also holds an ITP Certificate from
Graduate School of Business Administration, Harvard University. He
has served as the Dean, Faculty of Management Studies, University
of Delhi and has held various important positions in the University of
Delhi. He is currently a professor at the Faculty of Management
Studies, University of Delhi. He specializes in the areas of Project
Management, Management Science and Supply-chain Management.
He was re-appointed as a Director on our Board by MoP order no.
1/38/96-PG dated October 19, 2010.

 
MR. ANIL K. AGARWAL
Mr. Anil K. Agarwal, aged 55 years, is an Independent Director of
our Company. He graduated with a Master of Commerce degree from
University of Delhi and also holds a Post Graduate Diploma in
Business Management from University of Delhi. He has been actively
involved in Industry Associations, for development of International
Trade and Investments and was the President of the ASSOCHAM.
He is currently the Chairman of the International Affairs of the
ASSOCHAM and a Council Member of the Institute of Chartered
Accountants of India. He was re-appointed as a Director on our Board
by MoP order no. 1/38/96-PG dated October 19, 2010.

 
MR. F. A. VANDREVALA
Mr. F. A. Vandrevala, aged 60 years, is an Independent Director of
our Company. He graduated with a Bachelor of Technology degree in
Electrical Engineering from the Indian Institute of Technology,
Kharagpur and also holds a Post Graduate Diploma in Business
Management from Xavier’s Labour Relations Institute, Jamshedpur.
He is also a member of the Institute of Chartered Accountants of
India. He has over 36 years of work experience primarily in the field
of Steel, Power and Telecom. He is currently the Chairman and
Managing Director of Hirco Developments Private Limited. He was
re-appointed as a Director on our Board by MoP order no. 1/38/96-
PG dated October 19, 2010.

 
Mergers/Acquisitions/ Strategic Alliances/Joint Ventures

Joint Venture Companies

Private Investment
In order to infuse resources from private sector, Govt. of India issued guidelines for private sector
participation in the transmission sector in Jan, 2000. We as a team in POWERGRID have been
successful in facilitating private investment in transmission sector. The first Public-Private
Partnership Project with M/s Tata Power Ltd. for transmission system associated with Tala HEP in
Bhutan is under successful operation. The company has also set up five more Joint Ventures with
M/s Reliance, M/s Torrent, M/s Jayprakash Hydro, M/s Teesta Urja, M/s ONGC Tripura Power
Company for the transmission system dedicated to the Power Generation Projects. In all these JV
Companies, POWERGRID has equity contribution of 26%, except with Tata Power where it is 49%.

Besides, POWERGRID has facilitated establishment of 100% private owned company by M/s
Reliance Power Transmission Limited for implementation of Grid strengthening transmission projects
in WR through Independent Power Transmission Company (IPTC) on tariff bidding route.

The primary purpose of entering into above JV / IPTC routes was to encourage the private sector
participation to achieve the planned targets as per policy of Govt. of India. In addition, POWERGRID
has forayed into JV arrangement for specific purpose as mentioned below:

 A JV company “National High Power Test Laboratory Pvt. Limited” has been set up in
May’09 having 25% equity participation each from POWERGRID, NTPC, DVC and NHPC to
have short circuit testing facilities. The test lab will be established at Bina substation of
POWERGRID.

 A JV company “Energy Efficiency Services Ltd” has been incorporated in Dec’09 having 25%
equity participation each from POWERGRID, NTPC, PFC and REC to promote energy
efficiency and energy conservation.

 Keeping in view the potential for exchange power between India and Nepal, POWERGRID
will take 26% equity in the JV Company for Indian portion of 400 KV Indo-Nepal Cross
Border Transmission line project from Muzaffarpur to Dhalkebar (in Nepal). As per request of
World Bank and Nepal Electricity Authority, POWERGRID has given consent for taking 26%
equity in Nepal portion JV as well for this transmission line project.
CSR

(i) PHYSICAL INFRASTRUCTURE

A major portion of CSR initiative was in the development of physical infrastructure in which a
sum of Rs.3.63 crores was spent on creation of physical infrastructure in villages surrounding
POWERGRID establishment like class room, library, computer room for schools, primary health
centre drinking & sanitation facility, check dam, drainage, roads, bus shelter, community centre,
street lights, cultural Interpretation centre & auditorium etc. These facilities were created with
the objective of these being of long lasting value and would have multiplier effects on improving
the standard and quality of life of the villagers.

(ii) EDUCATION

An amount of Rs.67.5 lacs was spent on education towards provision for books, sports items,
computers, desk & table, uniforms and construction of seminars hall in a school for the use and
welfare of children from villages.

(iii) HEALTH
To create awareness as well as to sensitize rural population above the importance of sanitation
and cleanliness, oral and dental hygiene, dreaded disease like HIV, AIDS etc. awareness
campaign & workshop were held. Medical camps are also conducted at periodical intervals for
the villages. An amount of Rs.18.3 lacs were spent on health area.

(iv) ENVIRONMENT

CSR initiative on improving the ecology & environment, aforestation like planting of trees and
provision of solar street lighting, besides organizing workshop on global warming and on energy
conservation to educate people about these burning issues, have been undertaken in nearby
villages of our establishment. A sum of Rs.8.4 lacs was spent on environment.
(v) SPORTS, ARTS & CULTURAL HERITAGE
Rural sports week was organized and support was extended to traditional folk singers and
cultural group by providing traditional musical instruments & dresses for performance. An
amount of Rs.6.01 lacs was spent under this head.

(vi) INCOME GENERATION

To create opportunity for employment and to start their own business, vocational training to
unemployed youth and women from villages and urban slums in computer and stitching &
embroidery etc. were imparted. A sum of Rs.1.3 lacs were spent under this head.

(vii) NATURAL CALAMITY

POWERGRID as always has taken initiative in providing temporary shelters for the flood affected
people of Kunool distt. in association with local distt. authorities. An amount of Rs.11.02 lacs
was spent on this humanitarian relief.

2.2 It may be mentioned that most of the above mentioned CSR initiative were undertaken by
POWERGRID on its own by deploying its own manpower for co-ordination and monitoring of
activities and vehicles etc. and as such the amount spent on CSR initiatives does not include the
administrative cost towards deployment of POWERGRID staff and vehicle which will be
manifold.

3.0 It may be appreciated that POWERGRID is a unique organization in a sense that it is spread out
across the length & breadth of India and has establishment in the remotest and inaccessible
areas. It is operating in the difficult terrains of Northern and North eastern part of India as well
as in the tribal areas of Eastern & central India. In spite of inhospitable conditions of work due
to various external circumstances, POWERGRID is able to achieve the physical and financial
targets for the year 2009-10 with the zeal and dedicated efforts of its employees who at all odds
were able to cope up with the hazards. Needless to mention that CSR initiative undertaken by
POWERGRID in different villages around its substations & establishments have also contributed
in achieving the MOU targets and earning the goodwill of the local inhabitants as the work done
by POWERGRID has been appreciated by one and all. The CSR initiatives played a pivotal role in
improving the quality of life of the local people by enabling them to use the physical
infrastructure like drinking & sanitation facility, community hall, primary health centre, class
rooms & library for school besides holding awareness camp in the field of health and
environment.