PGCIL Full Form, Explore the Job Prospects and Salary Structure Here
Uncover the full form of PGCIL, India’s Leading Power Transmission Company. Explore the history, Functions, and Job Prospects along with Salary Structure details in this comprehensive article.
Riya Sharma20 Oct, 2023
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PGCIL Full Form: PGCIL stands for Power Grid Corporation of India Limited. It is utilized by the Indian government, businesses, and organisations. Power Grid Corporation of India Limited is a power transmission company that develops, implements, operates, and maintains interstate transmission lines as well as national and regional load dispatch centres. Two of the firm's specialties are transmission and consultancy.
The transmission component includes extra-high voltage/high voltage (EHV/HV) networks as well as grid management. In addition, it owns EHV AC and HVDC substations. The consultant section offers services such as planning, construction, development, load dispatch, procurement management, construction and operation, financing, and project management.What is the Full Form of PGCIL?
PGCL is an Abbreviation of Power Grid Corporation of India Limited. It is a state-owned electric utility company based in Gurgaon, India. Power Grid Corporation of India Ltd (Powergrid) is a Maharatna business controlled by the government. It is a power transmission company. It transmits and distributes electricity. The corporation owns and runs a transmission line network and works on electricity transmission projects. Powergrid provides transmission system operations and maintenance, smart grid and telecom services, and consulting services. To develop, organise, and build transmission networks in India, the company uses optical ground wire on power transmission lines and includes diverse topology and environment technologies. Customers across South Asia and Oceania are served by the company. Powergrid's headquarters are located in Gurgaon, Haryana, India.PGCIL History
National Power Transmission Corporation Ltd, like Power Grid Corporation of India Ltd, was established on October 23, 1989. The corporation was established with the goal of developing, constructing, owning, operating, and maintaining the country's high-voltage transmission lines. On October 23, 1992, the company was renamed Power Grid Corporation of India Ltd. Initially, the corporation managed transmission assets owned by central producing firms such as NTPC, NHPC Ltd, and North-Eastern Electric Power Corporation Ltd. As a result of legislation passed by Parliament on April 1, 1992, the transmission assets of National Thermal Power Corporation Limited (NTPC), National Hydroelectric Power Corporation Ltd (NHPC), and North-Eastern Electric Power Corporation were transferred to the corporation in January 1993. It was previously known as the 'National Power Transmission Corporation Limited' and was entrusted with developing, executing, owning, operating, and maintaining the country's high-voltage transmission networks. On November 8, 1990, the National Power Transmission Corporation got the Certificate for the Commencement of Business. The name was changed to Power Grid Corporation of India Limited on October 23, 1992.- The Power Grid Corporation of India Limited was founded in 1989 under the Companies Act of 1956 as the National Power Transmission Corporation of India Limited.
- Its name was changed to Power Grid Corporation of India Limited in 1992.
- It was founded with a Rs. 5,000 crores authorised share capital (which was later increased to Rs. 10,000 crores in Fiscal Year (FY) 2007-08).
- Powergrid was established as a public limited company controlled entirely by the Government of India.
- PowerGrid is now a Maharatna company.
- Gurugram is the corporate headquarters of the electric utility company.
-
In India, CPSEs are classified into three types:
- Maharatna
- Navratna
- Miniratna (Further classified into Category 1 & Category 2)
- Powergrid's network is responsible for transmitting more than half of the total power generated in India.
- Its operations include power transmission and distribution as well as energy trading.
PGCIL Vision
World-Class, Integrated Global Transmission Company With Dominant Leadership in Emerging Power Markets, Ensuring Reliability, Safety, and Economic Efficiency.PGCIL Mission
We will become a Global Transmission Company with Dominant Leadership in Emerging Power Markets and World Class Capabilities by achieving the following goals:- World Class: Setting superior standards in capital project management and operations for the industry and ourselves, we will become a Global Transmission Company with Dominant Leadership in Emerging Power Markets and World Class Capabilities.
- Global: Leveraging skills to continuously deliver optimum value for all stakeholders in India and other emerging and developing markets.
- Inspiring, developing, and empowering tomorrow's professionals.
- Continuous improvement through innovation and cutting-edge technologies.
- Commitment to the highest health, safety, security, and environmental standards
PGCIL Core Values
- Integrity and Fairness in all matters
- Respect for the dignity and potential of individuals
- Strict adherence to commitments
- Ensure speed of Response
- Foster learning, creativity, and team-work
- Loyalty and pride in POWERGRID
PGCIL Functions
Power Grid Corporation of India Limited was responsible for the administration of power transmission in the country when it was founded. It includes-- Project preparation
- Implementing the projects
- Project ownership and management
- Maintenance of the projects
PGCIL Job Prospects
The Power Grid Corporation of India Limited hires motivated and eligible applicants for various positions throughout the company. Recruitment information for the Power Grid is regularly advertised in English and Hindi national newspapers as well as employment news throughout India. The company hires experienced, knowledgeable, and talented applicants for numerous executive and non-executive jobs. The corporation recruits employees through a written examination, a screening test, or an interview, depending on the position. PGCIL hires qualified people for positions such as diploma trainees (electrical), professionals, field engineers, and field supervisors in electrical, civil, and electronics. Power Grid Corporation of India Limited (PGCIL) maintains a certain pay scale for all employees, including executives, supervisors, and workers. Power Grid offers competitive compensation in the form of basic pay, dearness allowances, performance-based pay, etc. The PGCIL has a career section on its official website where all recruitment information is posted. For each recruitment, the firm has established qualifying criteria such as qualification, age, and experience requirements for candidates who seek to apply for Power Grid jobs.The candidate's performance in the various phases of examination or selection determines his or her selection for the relevant position. Also, Check: PGCIL Recruitment 2023, Apply Online for 425 Diploma Trainee PostsPGCIL Salary Structure
PGCIL updates salary details on a regular basis. The average salary at PGCIL is as follows-|
Executive Cadre Employees Salary Structure (Effective from 01.01.2007) |
|
| Level | Pay Scale (Rs) |
| E1 | 20600 – 46500 |
| E2 | 24900 – 50500 |
| E2A | 24900 – 50500 |
| E3 | 29100 – 54500 |
| E4 | 32900- 58000 |
| E5 | 36600 – 62000 |
| E6 | 43200 – 66000 |
| E7 | 51300 – 73000 |
| E7A | 51300 – 73000 |
| E8 | 51300 – 73000 |
| E9 | 62000 – 80000 |
| Supervisors Salary Structure (Effective from 01.01.2007) | |
| Level | Pay Scale (Rs) |
| 1 | 16000-35500 |
| 2 | 17000-37000 |
| 3 | 18500-40000 |
| 4 | 20000-42500 |
| SG | 20500-44500 |
| Workmen's Salary Structure (Effective from 01.01.2007) | |
| Level | Pay Scale (Rs) |
| W0 | 8700-20000 |
| W1 | 10500-23000 |
| W2 | 11000-24500 |
| W3 | 11500-26000 |
| W4 | 12500-27500 |
| W5 | 13500-29500 |
| W6 | 14500-32000 |
| W7 | 15500-34500 |
| W8 | 16000-35500 |
| W9 | 17000-37000 |
| W10 | 18500-40000 |
| W11 | 20000-42500 |
| SG | 20500-44500 |
PGCIL Full Form FAQs
Is a PSU Power Grid?
The Power Grid Corporation of India Limited is a government-owned company.
Is Power Grid a Maharatna company?
Maharatna is the CPSE Power Grid Corporation of India Limited.
Who is the PGCIL CEO?
Anil Kumar Das is the CEO of Power Grid Corporation Of India Limited.
Where is India's Power Grid Corporation?
The location of Power Grid Corporation of India Limited in India-
-Gurgaon, Haryana
-Telangana, Hyderabad
-Jamshedpur, Jharkhand
-Lucknow, Uttar Pradesh
Who is the owner of Powergrid?
POWERGRID is a publicly traded company; the Government of India owns 51.34% of it, and institutional investors and the general public hold the remaining shares.
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