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Central transmission utility Power
Grid Corporation of India Ltd has
outlined a capital expenditure plan of
Rs.1 lakh crore for the XII Plan period, as
against an estimated Rs.55,000 crore in
the bygone XI Plan period. In FY13, the
capital expenditure is estimated at
Rs.20,000 crore to be financed through a
70:30 debt-equity ratio.
Apart from its core activities of power
transmission, grid management,
consultancy and telecom, PGCIL is also
planning to explore opportunities in
inter-state transmission systems, Smart
Grid and EPC contracting. PGCIL
expects that short-term open access
transaction prices are expected to come
down from the present level after the
southern and western grids are
interconnected. This is expected to
happen by March 2014.
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