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Power Grid to add 52,000 ckm network in XII Plan

EM NEWS BUREAU ,  Thursday, August 18, 2011, 15:49 Hrs  [IST]

Central transmission utility Power Grid Corporation of India has planned to add 52,000 ckm of transmission lines in the XII Plan, the company's chairman & managing director, S.K. Chaturvedi, recently said. The company has envisaged a total capital expenditure of Rs.jpg1 lakh crore for the XII Plan period that would be 80 per cent higher than the estimated capex for the ongoing XI Plan period. PGCIL has also targeted to install 70 new substations and a total transformation capacity of 1,36,000 MVA in the next Plan period.

PGCIL Capex: XI Plan
  `crore
2007-08 6,556
2008-09 8,167
2009-10 10,617
2010-11 (est) 12,060
2011-12 (est) 17,700
Total 55,100

Meanwhile, PGCIL is on course to achieving its targeted capital expenditure for the XI Plan period. In FY12, the terminal year of the ongoing Plan period, PGCIL will incur capital expenditure of Rs.jpg17,700 crore, involving 8,400 ckm of transmission lines and 18,000 MVA of transformation capacity. With Rs.jpg37,400 crore already spent in the first four years of the XI Plan period, the company's total capex in the Plan period will be well over the targeted Rs.jpg55,000 crore.

For its FY12 capex, PGCIL will use Rs.jpg2,000 crore from the follow-on public offer proceeds while another Rs.jpg4,000 crore could be raised through equity sale, subject to government approval.

Untitled Document
PGCIL: Physical Performance
Parameter Unit
As of March 31
2007
(Actual)
2012
(Proj.)
2017
(Proj.)
Transmission lines ckm 59,460 94,460 146,460
Transformation capacity MVA 59,415 115,415 251,415

As of December 31, 2010, PGCIL had 81,456 ckm of transmission lines. Along with 132 substations, the total transformation capacity stood at 90,900 MVA.
 
                 
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