Power Grid Corporation of India is planning to enter into joint venture agreements to help states build their local power transmission network. A source informed that the Central transmission utility that has several joint ventures for transnational and interstate power transmission was now planning to enter the intra-state domain.

PGCIL is believed to be in talks with state utilities in Orissa, Sikkim and Assam, among some others, to initiate these state-level joint ventures. These joint ventures will help improve the local grids of states, especially those where development of bulk evacuation lines has not kept up with increasing power generation capacity and the growth in consumers.

According to information available with Electrical Monitor, PGCIL so far has formed six joint ventures with private sector entities for setting up transnational and inter-state transmission lines. It also has JVs in other areas like energy efficiency.

PGCIL POWER TRANSMISSION JOINT VENTURES
Joint Venture	Private Partner	Cost (Rs.cr.)	Evacuation from
			Project	MW	Location
Domestic Power Transfer
Parbati Koldam Transmission Corpn. Ltd	Reliance (ADA) Group	660	Parbati-II	800	Himachal
			Koldam	800	Himachal
Torrent Power Grid Ltd**	Torrent Power	325	Sugen-II	1,148	Gujarat
Jaypee Power Grid Ltd**	Jaypee Group	1,000	Karcham-Wangtoo	1,000	Himachal
Teestavalley Power Transmission Ltd**	Teesta Urja Ltd (Athena)	1,500	Teesta III	1,200	Sikkim
North East Transmission Co Ltd**	ONGC + IL&FS	1,700	Tripura	727	Tripura
Trans-National Power Transfer
Powerlinks Transmission Ltd*	Tata Power	1,220	Tala HEP	1,020	Bhutan
*Private equity is 51 per cent. In all other cases, it is 74 per cent**MoU route, rest are competitive bidding

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