Gujarat Energy Transmission Corporation Structure and Operations

The Gujarat Energy Transmission Corporation (GETCO) is a vital part of Gujarat's power infrastructure. It is responsible for transmitting electricity from power plants to various parts of the state.

GETCO operates through a network of substations and transmission lines. This network spans over 32,000 circuit kilometers, making it one of the largest in India.

The corporation has a strong organizational structure, with a Chairman and Managing Director at the helm. The Board of Directors oversees the overall strategy and direction of the corporation.

GETCO's operations are divided into three main zones: North Zone, South Zone, and East Zone. Each zone has its own set of substations and transmission lines, ensuring efficient power distribution across the state.

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The Gujarat Energy Transmission Corporation has seen impressive financial growth in recent years. Their revenue has increased by a significant 13.06% in FY 2023.

Their profit has also seen a substantial jump, growing by 29.37% in the same period. This is a clear indication of the company's ability to manage its finances effectively.

The company's net worth has soared by an impressive 20.45% in FY 2023. This is a testament to the company's financial stability and growth.

Here are some key metrics that highlight the company's financial performance:

Gujarat Energy Transmission Corporation has a significant workforce of 9174 employees as of March 31, 2024.

The company has a substantial workforce, which is essential for its operations.

This large workforce is a testament to the corporation's growth and expansion over the years.

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Getco is based in Racecourse, Gujarat.

The location is likely to be a major advantage for the company in terms of infrastructure and accessibility.

In fact, the city of Gujarat has a well-developed infrastructure, which can be beneficial for businesses like Getco.

Gujarat Energy Transmission Corporation employs 288 people.

The company has a significantly larger workforce, with 9174 employees as of March 31, 2024.

This number highlights the scale of the organization and its impact on the local economy.

Getco's investment in modernizing its infrastructure has been a significant step in improving the overall efficiency of its operations. This investment has enabled Getco to upgrade its trading systems and technology, allowing it to process trades faster and more accurately.

Getco's modernized infrastructure has also improved its ability to handle high volumes of trades, reducing the risk of errors and delays. This has resulted in increased productivity and better customer service for Getco's clients.

Getco's investment in infrastructure has also created new job opportunities in the fields of technology and engineering. The company has hired more IT professionals to manage and maintain its modernized systems, contributing to the growth of employment in the region.

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To stay on top of Getco tenders, register to get the latest information about upcoming projects from Public Procurement Regulatory Authorities, Public Procurement Board, and Procurement Gazette.

Getco tenders are a great way to find opportunities in Gujarat Energy Transmission Corporation Limited, Municipal Corporation, and Ministry Departments.

You can also find online e-tenders and all government tenders in one place.

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Gujarat Energy Transmission Corporation is a public limited state government company, established on 19 May 1999 in Baroda, Gujarat, India.

The company has a promoter holding of 100.00% as of 2023. This means that the government of Gujarat has complete control over the company.

The company's authorized capital is ₹2,000.00 Cr, while the paid-up capital is ₹1,143.56 Cr.

Here's a breakdown of the company's shareholding pattern:

The company employs 9,174 professionals and has a leadership team that includes Anil Roy (Director), Neena Kumar (Director), and Preeti Sharma (Nominee Director).

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The CEO of Gujarat Energy Transmission Corporation is Manish Vora, who is also the Chief Executive of the company.

Understanding who is in charge can be helpful when navigating the ownership and structure of an organization.

Gujarat Energy Transmission Corporation has a promoter holding of 100.00% as of 2023.

This means that the corporation is entirely owned by its promoters, leaving no room for external investors.

The corporation's authorized capital is a significant ₹2,000.00 Cr, while its paid-up capital is ₹1,143.56 Cr.

One of the corporation's key financial indicators is its open charges, which stand at ₹826.00 Cr.

This amount is held by Uco Bank, as per the corporation's records.

The corporation has a substantial number of employees, with 9,174 professionals working under its leadership.

The leadership team includes notable figures such as Anil Roy (Director), Neena Kumar (Director), and Preeti Sharma (Nominee Director).

Here's a breakdown of the corporation's key financial figures:

The SIC code is a numerical classification system used to identify the primary business activity of a company.

Gujarat Energy Transmission Corporation has SIC codes 49 and 491, indicating its primary business activity.

A SIC code provides a concise way to categorize a company's main business function.

This classification system is widely used in various industries and applications.

SIC codes are typically 4-digit numbers, with each digit representing a different level of classification.

For example, the SIC codes 49 and 491 for Gujarat Energy Transmission Corporation indicate its specific business activities.

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