Power Grid Corporation of India Limited (PGCIL) has operationalized 89% of gram panchayats under BharatNet Phase 1 project.
Presently, 94% gram panchayats and block headquarters under BharatNet Phase 1 project are service ready and more is expected to be service ready soon.
The company is also exploring new business opportunities in areas such as: Telecom tower business with solutions for green & clean power; ILD business and data centre business.
In terms of revenue, PGCIL’s telecom business has increased by 5% to reach Rs. 698 crore in FY 2019-20 vis-a-vis Rs. 663 crore in FY 2018-19. In FY 2019-20, the company bagged 125 new orders from government departments, PSUs, state governments, telecom operators, IT companies and corporates.
As on 31st March 2020, PGCIL had around 67,000 Km Optic Fiber Network (OFC) which is inclusive of owned and leased and is supported by 700 points of presence (of which 50% is located in Power Grid substations) with network availability of 99.97% in FY 2019-20.