Power Grid Corporation of India Limited a Navratna Company and the Central Transmission Utility of the country has been conferred with the prestigious ‘MoU Excellence Award’ consecutively for 2006-07 and 2007-08 by the Department of Public Enterprises, Ministry of Heavy Industries & Public Enterprises for being the top performer in the Energy Sector.

The awards were presented to Mr SK Chaturvedi CMD of POWERGRID by Hon’ble Prime Minister of India in a ceremony held at Vigyan Bhawan, New Delhi on October 15th 2009.

POWERGRID has been consistently rated ‘Excellent’ based on the performance vis à vis targets in the MoU signed with Ministry of Power since signing of its first MoU for 1993-94. POWERGRID has received this prestigious ‘MoU Excellence Award’ on total eight occasions, in which continuously for last five years in a row an outstanding achievement. It reflects consistently high level of performance by the Corporation. In fact, getting MoU Excellence Award in a row for five years is a rare feat achieved by any Public Sector Enterprise.