Power Grid Corporation of India Limited (POWERGRID), is a Schedule ‘A’, ‘Maharatna’ Public Sector Enterprise of Govt. of India which was incorporated on 23rd Oct 1989 under the Company Act, 1956. POWERGRID is a listed Company, with 51.34% holding of Government of India and the balance is held by Institutional Investors and public.
International Ratings (consistent with Gol's Sovereign rating)Standard & Poor's - BBB- (Outlook-Positive)
Fitch - BBB- (Outlook-Stable)
Moody’s – Baa3 - (Outlook-Stable)
Domestic CRISIL - CRISIL AAA/Stable (Highest Safety)
ICRA - [ICRA] AAA/Stable (Highest Safety)
CARE - CARE AAA (Highest Safety/Lowest Credit Risk)