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.
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.
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.
PowerGrid's score of 19 is lower than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, PowerGrid reported total carbon emissions of approximately 73,497,000 kg CO2e for Scope 1 and about 270,872,000 kg CO2e for Scope 2, resulting in combined emissions of around 344,369,000 kg CO2e. This marks a significant reduction from 2023, where emissions were approximately 123,830,000 kg CO2e for Scope 1 and 239,561,000 kg CO2e for Scope 2, totalling about 363,391,000 kg CO2e. PowerGrid has disclosed emissions data for Scope 1 and Scope 2 but has not provided information on Scope 3 emissions. The company has not set specific reduction targets or climate pledges, indicating a potential area for future commitment. The emissions intensity per rupee of turnover for 2024 was approximately 0.000751 kg CO2e, reflecting the company's ongoing efforts to manage its carbon footprint in relation to revenue. Overall, while PowerGrid has made strides in reducing its emissions, the absence of formal reduction targets suggests that further initiatives may be necessary to enhance its climate commitments.
Access structured emissions data, company-specific emission factors, and source documents
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 | - | - | - | - | - |
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.