Power Grid Company of Bangladesh Ltd. (PGCB) was formed 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 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. PGCB expanded its network and capacity manyfold and operating those efficiently and effectively.