Power Grid Corporation of India Limited (POWERGRID, the 'Central Transmission Utility (CTU)' of the country and a 'Navratna' Company operating under Ministry of Power, is engaged in power transmission business with the responsibility for planning, implementation, operation and maintenance of Inter-State Transmission System (ISTS) and operation of National & Regional Power Grids. POWERGRID is a listed Company, with 57.90% holding of Government of India and balance by Institutional Investors & public.
POWERGRID, as on March 31, 2017, owns & operates around 1,38,857 ckm of Extra High Voltage (EHV) transmission lines spread over the length and breadth of the country and 217EHV AC & HVDC Sub-stations with transformation capacity of more than 2,88,544 MVA. Its vast transmission network wheels about 45% of the total power generated in the country. The availability of this huge transmission network is consistently maintained over 99% through deployment of state-of-the-art operation & maintenance techniques at par with global standards.
During FY 2015-16, POWERGRID has achieved a turnover of about Rs. 21,281 Crore and Net Profit of Rs.6,027 Crore. Fixed assets of the company have also grown to Rs.1,50,052 Crore.
Power System Operation Corporation Limited (POSOCO), a 100% subsidiary of the Company has been independently managing successfully the National and Regional Grids through deployment of latest technology.
During FY 2015-16, to meet the demands in the Country, about 117 Billion Units (BUs) of inter-regional energy transfer was facilitated, across the nation using pan-India inter-regional transmission links.
Under Short Term Open Access (STOA), 13,467 nos. of bilateral transactions and 30,967 nos. of collective transaction were approved, allowing energy transfer of 64 BUs through bilateral transactions and 34 BUs through collective transactions, totalling up to 44,404 nos. approved transactions and 98 BUs of approved energy in the FY 2015-16.
Integration of Renewable Energy Resources with conventional sources is a top priority worldwide and special attention is being given in our country to harness the Green Energy. CERC has provided a framework for trading in Green Certificates (Renewable Energy Certificates or RECs) and National Load Despatch Centre (NDLC) of POSOCO has been designated as the Central agency for this purpose.
11 nos. of High Capacity Power Transmission Corridors (HCPTCs) have been finalized to meet bulk power evacuation requirement of various Independent Power Producers (IPPs) mainly coming up in resource rich and coastal areas such as Chhattisgarh, Odisha, Madhya Pradesh, Sikkim, Jharkhand, Tamil Nadu and Andhra Pradesh. Implementation of these corridors has been taken up in a phased manner matching with generation projects.
POWERGRID has planned a capital investment of more than Rs.1,10,000 crore for development of inter-State transmission system during XII Plan. During the XII plan it has been envisaged to include about 40,000 ckm of transmission line and about 1,00,000 MVA of transformation capacity. POWERGRID has already made a capital expenditure about Rs. 88,000 crore in the first three years of the plan period.
The Company has an excellent credit rating with financial institutions, thereby, is placed in a comfortable position in terms of resource mobilization. POWERGRID is also playing a major role in facilitating grid interconnection of renewable generation across the country through implementation of portion of ISTS part of Green Energy Corridors.
Conserving Right-of-Way (RoW), minimizing impact on natural resources, coordinated development of cost effective transmission corridor, flexibility in upgradation of transfer capacity of lines matching with power transfer requirement are major areas of concern in development of transmission network in the country. In this direction, the Company has been working on higher transmission voltages of ±800 kV HVDC & 1200 kV UHVAC. 1500 MW (Pole-I) of HVDC terminals at both ends of 2,000 km long ±800 kV, 6000 MW HVDC Bi-pole line connecting Biswanath Chariali in Assam to Agra in Uttar Pradesh has been commissioned recently. Similarly, power flow through 1200 kV National Test Station (NTS) has been commissioned on 18th May 2016 at Bina, Madhya Pradesh.
To shore up its revenue and create value for its stakeholders, POWERGRID diversified into telecom business, leveraging its country wide transmission infrastructure. Company is providing back-bone connectivity to all metros, major cities & towns including remote areas of J&K and North-Eastern States etc. Total network coverage is more than 36,563 kms and numbers of Points of Presence (PoPs) locations are more than 595. Telecom Backbone Availability for the year 2015-16 was about 100%.
POWERGRID has successfully completed the prestigious NKN (National Knowledge Network) project devised by Govt. of India, which connects all knowledge centres across the Country such as Indian Institutes of Technology (IITs), Indian Institute of Sciences (IISCs) etc., on a high speed connectivity Company has signed an agreement with Bharat Sanchar Nigam Limited (BSNL) to improve the telecommunication connectivity with the North-Eastern States including Sikkim. It envisages the provisioning of bandwidth on optical fibre media laid over existing high tension electric transmission network. After completion of the proposed connectivity, the reliability of the telecom services improves substantially in North-Eastern region including Sikkim.
As a part of Government of India plan to connect 250,000 Gram Panchayats (GP) in the Country, POWERGRID one of the implementing agencies for National Optical Fibre Network (NOFN) project and has been entrusted with the task of development and maintenance of the NOFN network in states, namely Telangana, Himachal Pradesh, Jharkhand and Odisha.
Further, POWERGRID is playing a significant role in carrying forward the distribution reforms through undertaking Deendayal Upadhyaya Gram Jyoti Yojana (DDUGJY) and Integrated Power Development Scheme (IPDS) works on behalf of the Govt. of India in various parts of the country.
POWERGRID has emerged as a strong player in South Asia and is playing an active role in formation of a strong SAARC grid for effective utilization of resources for mutual benefits. Presently, various electrical interconnections exist between India & Bhutan, India & Nepal and India & Bangladesh. Further, the interconnection between India & Bhutan and India & Nepal are being strengthened for substantial exchange of power across the borders. In FY 2015-16 POWERGRID has commissioned the following transmission lines connecting Bangladesh and Nepal to India.
1. The 400 kV D/C Muzaffarpur (Bihar, India) - Dhalkebar (Nepal), transmission line has been commissioned in February 2016.
2. The 400kV D/C Surjyamaninagar (Tripura, India) – Comilla (Bangladesh), transmission line has been commissioned in March 2016.
POWERGRID is offering consultancy services to various National clients & International clients, including many South Asian, African, and Middle East countries.
In Smart transmission, POWERGRID has been implementing Synchrophasor Technology in its Wide Area Measurement System (WAMS) Project through installation of PMUs (Phasor Measurement Units) at different locations in all regions across the country, which facilitates better visualization and situational awareness of the grid events such as grid robustness, oscillations, angle/ voltage instability, system margin etc. as well as decision support tools. POWERGRID also acts as 'nodal point' in prestigious "India Smart Grid Task Force" Secretariat for Government's activities related to Smart Grid.