Power Grid Corporation of India Limited has reported a net profit of INR 1448.47 crore for the financial year ended March 31st 2008 up by 17.82% YoY. The turnover was recorded at INR 5081.53 crore up by 24% YoY as against INR 4097.15 crore.

At present POWERGRID is operating around 68,000 kilometers of transmission lines along with 115 sub stations with transformation capacity of more than 75,000 MVA. With the use of state of the art preventive maintenance techniques, average availability of transmission systems during the year 2007-08 was maintained at 99.65%.

POWERGRID continues to wheel about 45% of total power generated in India through its transmission network.