Abstract
India is the third largest producer of electricity in the world after China and USA. In India more than 20 companies engaged in power generation out of these NTPC Ltd. holds 15 per cent of market share. Due to lack of proper transmission network previously, distribution of energy resources were extremely unbalanced. To minimize the uneven distribution of electricity, on October 23, 1989 with the mandate to operate Regional, National power grids and to facilitate transfer of power within and across the regions with reliability, security and economy, PGCIL was established. The present study seeks to measure the overall financial performance of PGCIL for the period 2004-05 to 2018-19. The issue has been tackled using relevant ratios relating to financial performance and various statistical tools and technique at appropriate places. The outcome of the study revealed that PGCIL reached the top in respect of financial performance in the year 2018-19.
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