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THE COMPANY’S GOVERNANCE PHILOSOPHYCorporate Governance is about promoting corporate fairness, transparency and accountability in the best interest of various stakeholders in the company. It is a system by which business corporations are directed and controlled. POWERGRID believes that good governance should entail trusteeship, empowerment and accountability of the management while remaining proactive to the Government policies. POWERGRID’s Governance process is focused towards its mission of “establishment and operation of Regional and National Power Grids to facilitate transfer of power within and across the regions with Reliability, Security and Economy on sound commercial principles” based on the well established practices in engineering & design, contracts, project management, finance etc. which are being followed in letter and spirit and are being continually improved upon. POWERGRID, today stands as one of the largest transmission utility in the world and is also ranked amongst one of the best-managed transmission companies in the world. The Corporate Governance of POWERGRID is geared by the following:

(i) To meet the short term, medium term & long term objectives and specific targets every year set by the GOI and the persons
(ii) To respond to the challenges and the emerging opportunities and to play a pivotal role in the economic development of the
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