Power Grid Company of Bangladesh Ltd.(PGCB) was created under the restructuring process of Power Sector in Bangladesh with the objective of bringing about commercial environment including increase in efficiency, establishment of accountability and dynamism in accomplishing its objectives. PGCB was incorporated in November 1996 with an authorized capital of Tk.10 billion. It was entrusted with the responsibility to own the national power grid;to operate and expand the same with efficiency. Pursuant to Government decision to transfer of transmission assets to PGCB from Bangladesh Power Development Board (BPDB) and Dhaka Electric Supply Authority (DESA), PGCB completed taking over of all the transmission assets on 31.12.2002 since then ,PGCB is operating those efficiently and effectively.
"To plan, promote, develop, operate and maintain an integrated and efficient power transmission system network in all its aspects including planning, investigation, research, design and engineering, preparation of preliminary feasibility and detailed project reports, construction operation and maintenance of transmission lines, substations, load despatch centres and communication facilities and appurtenant works, co-ordination of integrated operation of regional, national and international grid systems, providing consultancy services in power systems field, execution of turnkey jobs for other utilities / organisation, wheeling of power, purchase and sale of power."
Tk.10,000,000,000.00 (ten billion) divided into 100,000,000 (one hundred million) ordinary shares of tk. 100 each.
Paid-Up Share Capital : 36,435,810 Ordinary Shares of Tk, 100 each Tk 3,643,581,000
The Board of Directors of PGCB reconstituted with Secretary(Retd), Joint Secretary (Admin) Power Division ;Chairman BPDB;Professor EEE of BUET and all other Directors are from non goverment sector.The particulars of the present Directors of the Board are as follows :
The Board of Directors manages bussiness of the company.The Board has delegated a few authority to the Managing Director and other official Directors to operate the day to day bussiness of the company.
Total manpower as per approved organogram 2110. Present manpower 1867 as on 31st October 2008. Absorption in PGCB on optional basis after giving service benefit by BPDB. At present there are fresh recruitments at different levels. Service rules for employees has already been approved by board.
Service conditions:
Under the supervision of General Manager Trans-1 (Dhaka) and Trans-2 (Outside Dhaka), five grid circles headed by Deputy General Managers are performing the following operations:
Under the supervision of General Manager System Operation, Load Despatch Circle headed by Deputy General Manager is performing the following operations:
Under the supervision of General Manager System Operation, Communication Circle headed by Deputy General Manager is performing the following operations:
Under the supervision of General Manager P & D, SPMC headed by Deputy General Manager are performing the following jobs:
Under the supervision of General Manager P & D, Design Circle headed by Deputy General Manager is performing the following jobs:
Under the supervision of General Manager P & D, Planning Circle headed by Deputy General Manager is performing the following jobs.
Under the supervision of General Manager Project, five Project Offices each headed by Deputy General Manager is performing the following jobs: