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PGCIL plans Rs.1 trillion capex in 12th Plan
A Business Correspondent
Wednesday, June 20, 2012, 15:02 Hrs  [IST]

R.N.Nayak

Central transmission utility Power Grid Corporation of India Ltd has planned capital investment of 1 lakh crore in the ongoing 12th Plan period. This was announced by R.N. Nayak, Chairman and Managing Director, PGCIL, at a recent press meet in Mumbai. During FY13, PGCIL will invest 20,000 crore, Nayak said.

The massive investment will go towards building transmission infrastructure associated with the large number of power generation plants coming up in the central sector, ultra mega power projects and by independent power producers. PGCIL will also carry our grid strengthening activities.

Currently, PGCIL operates about 93,000 ckm (circuit km) of transmission lines along with 151 substations having transformation capacity of more than 1,24,500 MVA. With the use of state-of-the-art preventive maintenance techniques, average availability of transmission system during FY12 was maintained at 99.94 per cent. PGCIL also has 32 remotely-operated substations, apart from six unmanned substations.

Nayak also stated that the National Transmission Asset Management Centre had started implementation and maintenance service hubs have been established. Meanwhile, interregional power transmission capacity of 5,600 MW was added during FY12 taking the cumulative interregional transmission capacity of the National Grid to about 28,000 MW.
 
                 
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