We have a long history in the power business. Since 1950, as part of the Electricity Commission, we have transmitted electricity throughout the State to give the people of NSW a reliable, world class power system.
The Electricity Commission went on to become Pacific Power. Under Pacific Power we performed our transmission and specialist engineering services role until 30 June 1994. From 1 July 1994 we formed PacificGrid, a wholly owned subsidiary of Pacific Power.
TransGrid, as we are now known, was formed as a Statutory Authority on 1 February 1995, under the Electricity Transmission Authority Act 1994.
On 7 May 1996, under the Electricity Supply Act 1995, we developed and operated the State's electricity market and played a key role in facilitating the transition to the National Electricity Market (NEM). This role was handed over to the National Electricity Market Management Company (NEMMCO), when the National Electricity Market commenced on 12 December 1998.
After further industry reform, TransGrid became a corporatised entity under the State Owned Corporations Act 1989 on 14 December 1998.