1Power Grid Corporation of India Ltd. Presentation on Investment Opportunities in Transmission Sector in India
Indian Power Sector – A Profile Installed capacity – 1,12, 000 MW (Thermal – 76% Hydro – 23% Nuclear – 1%) Peak Demand – 86,000 MW Transmission lines – More than 5 Million Ckt. Kms Regional Grids – 5 National Grid under various stages of implementation Growth Rate of energy – 9% per annum
About POWERGRIDOne of the largest and best managedtransmission utility in the World, owning andoperating network of over 48,000 ckt. Kms. oftransmission lines at 765 kV, 400 kV & 132 kVlevels and 82 sub-stations with transformationcapacity of about 46,500 MVA.One amongst six transmission utilities in theWorld achieving 99% line availability,consistently.Wheels more than 200 billion units (worth Rs.400 billion) per year - 40% of total generatedpower in the country.
The GoalBy year 2012 : Additional 100,000 MW capacity. Integrating Regional Grids into National Grid with 30,000 MW of Inter Regional transfer capacity. Access to 45 % remaining households.Investment requirement of about US$ 200 Billionfor Generation, Transmission & Distribution.
Investment Outlay for Transmission (Rs. in crore) X Plan XI Plan TotalCentral Sector 31,080 39,443 70,523(Transmission +Telecom)Private Sector 9,710 11,185 20,895ContributionPOWERGRID’s Outlay 21,370 28,258 49,628
POWERGRID’s Investment(Rs.in crore) X Plan XI Plan TotalA. Transmission 19,130 27,999 47,129Generation Linked Projects 7,436 4,020 11,456Grid Strengthening Projects 3,192 3,192Inter-regional/Inter Country Links 7,199 21,960 29,159ULDC Projects 1,016 1,016Investments in JV 204 204Others 83 2,019 2,102B.Telecom 2,240 260 2,500Base Network 1,004 1,004Equity in NLDO 1,236 260 1,496Total(A+B) 21,370 28,258 49,628
Private Sector Participation throughJoint Venture RouteA. Project Finalised under JV Route The 1st Inter State Transmission Line Project associated with Tala HEP being set up through Joint Venture with Tata Power on BOOT basis – July, 2003. Transmission License granted to the JVC viz; Powerlinks by CERC in Nov. 2003 & a new chapter in Transmission starts. ……Contd.
Financial Closure achieved in May 2004 with funding from IFC, ADB, IDFC and SBI (Rs.9800 million), estimated project cost Rs. 14000 million and route length 1171 kms.B. Projects under finalisation on JV Route Part of the Transmission system associated with Parvati-II (800 MW) & Koldam HEP (800 MW) Estimated project cost-Rs. 4650 m (US $ 100 m) Part of the Transmission system associated with Maithon TPS (1000 MW) Estimated project cost – Rs. 8100 m (US $ 160 m) …..Contd.
C. New Projects on JV Route Western Region System Strengthening Scheme – II under two Projects – A & B. Consists of 800 ckt. kms of 765 kV lines, 6300 ckt. kms of 400 kV lines, augmentation of 18 substations & setting up of 3 new substations. Estimated cost Rs. 48300 m Two part Solicitation process consisting of RfQ & RfP stages. ….Contd.
Modus Operandi for WR SSS-IIShort-listed bidders to quote base price of theproject which shall be subject to price variationas per specified formula with financial package.D:E ratio to be 70:30JVP to contribute equity in the range of 51-74 %Lowest evaluated bidder to be selected as JointVenture Partner.SHA & IA to be signed with POWERGRID.TSA to be signed with SEBs/Beneficiaries.