Excelsior Correspondent
GURUGRAM, Apr 6: Power Grid Corporation of India Ltd-a Maharatna PSU under Union Ministry of Power has been conferred with the ‘Best CSR Practices Award’ by the World CSR Congress at a function in Mumbai.
A handout stated that Global CSR Excellence & Leadership Awards is a platform for recognizing the best practices in the field of Corporate Social Responsibility (CSR).
It further stated that CSR is embedded into POWERGRID’s business model as much before the CSR Act 2013 was enacted, POWERGRID had been consistently contributing in the field of social development in and around its business establishments spread all across the country.
Adopting a 360 degree approach towards implementation of CSR interventions, the Company consults and engages with all its stakeholders. With well defined and customized Exit Policy for the implemented CSR projects this state utility emphasizes on community participation by way of effective collaboration, capacity building and sustainability aligned to the UN Sustainable Development Goals. POWERGRID has 172,104 ckm of transmission lines, 264 sub-stations and more than 464,292 MVA of transformation capacity.
With the adoption of latest technological tools and techniques, enhanced use of automation and digital solutions, POWERGRID has been able to maintain average transmission system availability >99%.
Apart from high voltage power transmission business, POWERGRID is also in the business of Telecommunication and provides Consultancy to power utilities in India & abroad. The Company has strong overseas presence in almost 23 countries.
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