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Manpower Growth
Manpower Growth
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At the end of FY 2007-08, the company has a Net Worth of Rs 13,575 Crore (provisional) and Capital Employed of Rs 24,680 Crore. There has been an impressive growth in the earning potential of the company, which is reflected by the steady growth of return on Net Worth from the level of 5.63% in 1992-93 to 10.46% in 2007-08.It is worthwhile to mention that this growth has been achieved despite downward revision in tariff norms by CERC and with a marginal addition of only 24% in the manpower. This growing productivity of POWERGRID can also be assessed from the fact that profit per employee has gone up from Rs. 4.5 lakhs in 1992-93 to Rs. 18.58 Lakhs in 2007-08.
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