About GRIDCO
GRIDCO is a company based in Bhubaneswar (India) founded in 1995. The company has 8 employees as of March 21, 2024. GRIDCO offers products and services including Bulk Power Trading and Renewable Energy Services.
- Headquarter Bhubaneswar, India
- Employees 8 as on 21 Mar, 2024
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Sectors
Energy & Utilities
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Phone
Locked
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Social
Locked
- Legal Name Gridco Limited
- Date of Incorporation 20 Apr, 1995
- Jurisdiction Khurda, Orissa, India
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Annual Revenue
$1.45 B (USD)18.94as on Mar 31, 2023
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Net Profit
-$49.62 M (USD)-2097.39as on Mar 31, 2023
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EBITDA
-$55.17 M (USD)-290.28as on Mar 31, 2023
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Latest Funding Round
Not available
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Investors
Not available
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Employee Count
8
as on Mar 21, 2024
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Products & Services of GRIDCO
GRIDCO offers a comprehensive portfolio of products and services, including Bulk Power Trading and Renewable Energy Services.
The trading of bulk electricity to distribution companies is handled by GRIDCO as part of its core operations.
Renewable energy projects and policies are overseen by GRIDCO, including sources like solar and hydro.
Funding Insights of GRIDCO
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Investments & Acquisitions by GRIDCO
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Financial Statements - GRIDCO
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Gridco Comparisons
Peer comparison for GRIDCO
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Competitors of GRIDCO
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Latest news on Gridco
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Frequently Asked Questions about GRIDCO
GRIDCO was founded in 1995.
GRIDCO is headquartered in Bhubaneswar, India. It is registered at Bhubaneswar, Odisha, India.
As of Mar 21, 2024, the latest employee count at GRIDCO is 8.
Annual revenue of GRIDCO is $1.45B as on Mar 31, 2023.
GRIDCO Limited is recognized as a government undertaking in Odisha that manages bulk power purchase and sale activities. It is assigned as the nodal agency for renewable energy policies, where sources such as hydro, solar, and wind are procured and traded. Following the Electricity Act of 2003, transmission functions were transferred to another entity, allowing GRIDCO to focus on power trading and support for associate distribution companies. Its operations include tariff proceedings, financial reporting, and tenders for energy projects, contributing to the states electricity needs.
GRIDCO offers Bulk Power Trading and Renewable Energy Services.