The MoU includes various targets to be achieved by POWERGRID during FY 2018-19. Capex target for the year has been set as Rs. 25,000 crore. Other targets in the MoU inter-alia include parameters related to human resources, project management, R&D and innovation and other efficiency and operational performance parameters.
POWERGRID, a Navratna CPSE and the Central Transmission Utility (CTU) of the country, has been consistently receiving highest rating i.e. “Excellent” under since signing of the first MoU in 1993-94. As on March 31, 2018, the company owns & operates over 148,800 ckt. km. of transmission lines, 236 EHV sub-stations with transformation capacity of more than 322,000 MVA. Availability of this gigantic transmission network has been consistently maintained over 99.5%.