PowerGrid
PowerGrid Corporation of India Limited, commonly known as PowerGrid, is a leading player in the Indian power sector, headquartered in Gurugram, Haryana. Established in 1989, the company has significantly contributed to the development of the country's transmission infrastructure, operating across various regions including Northern, Eastern, and Western India. As a state-owned enterprise, PowerGrid focuses on the transmission of electricity and the development of a robust grid network. Its core services include high-voltage transmission, telecom services, and consultancy, distinguished by its commitment to reliability and efficiency. PowerGrid has achieved notable milestones, such as being the first Indian company to implement a nationwide synchronous grid. With a strong market position, PowerGrid is recognised for its innovative solutions and has received accolades for its operational excellence, making it a cornerstone of India's energy landscape.
DitchCarbon Score
How does PowerGrid's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Electricity Transmission industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
PowerGrid's score of 19 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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PowerGrid's reported carbon emissions
In 2023, PowerGrid reported total carbon emissions of approximately 363,391,000 kg CO2e, comprising about 123,830,000 kg CO2e from Scope 1 and about 239,561,000 kg CO2e from Scope 2 emissions. This marked a slight decrease in total emissions compared to 2022, where total emissions were about 361,315,000 kg CO2e. PowerGrid's emissions have shown a trend of increase from 2020 to 2022, with Scope 1 emissions rising from about 93,727,000 kg CO2e in 2020 to about 125,361,000 kg CO2e in 2022. However, in 2023, Scope 1 emissions decreased to approximately 123,830,000 kg CO2e. Despite these fluctuations, PowerGrid has not publicly disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The company continues to focus on its operational efficiency and sustainability practices, although no formal climate pledges or SBTi (Science Based Targets initiative) commitments have been reported. Overall, PowerGrid's emissions data reflects its ongoing efforts to manage and report on its carbon emissions, while the absence of defined reduction targets indicates potential areas for future commitment in climate action.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 93,727,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 |
| Scope 2 | - | - | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
PowerGrid is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
