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 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 24 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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 from 2022, where total emissions were about 361,315,000 kg CO2e. The company has shown a significant reduction in emissions from 2021, where total emissions reached approximately 115,340,000 kg CO2e for Scope 1 alone. However, there are no specific reduction targets or climate pledges disclosed in their recent reports, indicating a potential area for improvement in their climate commitments. In 2024, PowerGrid's emissions are projected to be approximately 361,315,000 kg CO2e, with Scope 1 emissions expected to decrease to about 73,497,000 kg CO2e and Scope 2 emissions increasing to about 270,872,000 kg CO2e. This trend suggests ongoing efforts to manage and potentially reduce their carbon footprint, although specific targets or initiatives have not been outlined. Overall, while PowerGrid has made strides in managing its emissions, the absence of formal reduction targets highlights the need for a more structured approach to climate commitments.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 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 committed to any reduction initiatives 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.
