Mumbai, January 16, 2020: POWERGRID, India’s largest Electric Power Transmission Utility and a Maharatna Company, becomes the first Indian PSU to be accredited as Registered Education Provider (R.E.P.) of Project Management Institute (PMI)®, the world’s leading association for those who consider project, program or portfolio management their profession. With this accreditation, POWERGRID aspires to enrich the Indian Corporate and Government agencies at Central and State level with relevant project management skills to aid efficient execution of its projects.
PMI R.E.P.s are organizations that we have approved to offer training in project management and issue professional development units (PDUs) to meet the continuing education requirements needed by PMI credential holders. To earn the R.E.P. designation, a provider must meet or exceed rigorous standards for quality and effectiveness as defined by PMI.
The association will support POWERGRID in creation of a project management culture in an institutionalized manner to achieve better results, thereby help propel the nation’s growth vision. The overall objective will also be to gauge progress of projects, do gap analysis and also bring out the successful practices and core issues in implementing large infrastructure initiatives of the company.
Commenting on being accredited as PMI R.E.P., Mr. Anil Saberwal, Executive Director (HRD), POWERGRID said, “This accreditation will redefine our approach to capacity building in project management and will provide world class learning to the professionals’ external to POWERGRID through globally acknowledged curriculum.”
Commenting on the accreditation Dr. Srini Srinivasan, Managing Director, PMI India said, “It gives us immense pleasure to be associated with POWERGRID, a Maharatna company which is reiterating the importance of project management in power transmission sector. Over the past two decades in India, the total power transmission capacity has witnessed an exceptional growth. Through this accreditation we hope to create awareness about the need for best practices of project management in today’s evolving economic scenario.”
POWERGRID owns and operates 85% of India’s total inter-state and inter-regional electric power transmission networks (161,490 circuit kms of transmission network, 393,800 MVA (Mega Volt Ampere) of transformation capacity with 248 substations and 87,090 MW of national grid inter-regional capacity). It has rich and varied experience in the field of Project Management and has executed projects of varying sizes and complexity with an annual turnover of ₹ 35,661 Crore (USD 499 Million) for FY 2018-19.
About Project Management Institute (PMI):
Project Management Institute (PM) is the leading association for project, program or portfolio management professionals. Through their certifications, professional development, communities and membership, PMI helps nearly three million practitioners stay ahead in an ever-changing world. PMI has around 300 chapters across the globe. In India, it has 8 chapters based in – Delhi, Mumbai, Pune, Hyderabad, Bangalore, Trivandrum, Chennai and Kolkata. For more information log on to www.pmi.org.in
The Power Grid Corporation of India Limited (POWERGRID), (NSE: POWERGRID, BSE: 532898) is an Indian state-owned Maharatna company headquartered in Gurugram, India. It is engaged mainly in Transmission of Power. POWERGRID transmits about 50% of the total power generated in India on its transmission network. Its former subsidiary company, Power System Operation Corporation Limited (POSOCO) handles power management for National Grid and all state transmission utilities. POWERGRID also operates a telecom business under the name POWERTEL.