The panel has approved the investment of INR 11.849 billion for evacuation infrastructure in Rajasthan Solar Zones. The project is supposed to be commissioned in a phased manner, starting with the commencement in December 2021, and the last portion by Sept 2022.

May 26, 2021

Power Grid Corporation of India Limited (PGCIL) has announced that its Board has approved an investment to the tune of ~INR 22.20 billion (~USD 301.48 million) for commissioning various power transmission projects.

The decision to approve the outlay was taken at the meetings held by PGCIL’s Board of Directors and Committee of Directors on Investment on Projects, the state-owned power transmission company notified in a BSE filing.

The Board of Directors approved the investment for the transmission system strengthening program for evacuating power from solar energy zones in Rajasthan (8.1 GW) under Phase-II – Part-B1 at an estimated cost of ~INR 11.849 billion (~USD 162.23 million).

The project is supposed to be commissioned in a phased manner, starting with Part A by December 2021, Part B by March 2022, Part C by June of next year, Part D by Aug 2022, and the last portion by Sept 2022.

Watch: Wire & Cable India News Roundup

In February 2021, PGCIL had bagged two power transmission projects in Rajasthan through tariff-based competitive bidding. These projects are built to evacuate 8.1 GW of power from solar energy zones in the state. The company had won both projects on a build, own, operate, and maintain basis. The power transmission company had also secured three other power transmission projects in Rajasthan through competitive bidding. These are built to evacuate another 8.1 GW of power from solar energy zones in the state.

The Board has also accepted the North Eastern Region Strengthening Program-XII at an estimated cost of ~INR 5.746 billion (~USD 78.67 million) to be commissioned progressively by March 2023.

In December last year, the cabinet committee on economic affairs approved INR 67 billion (~USD 910 million) for the North Eastern Region Power System Improvement Project. The program is currently being implemented through PGCIL aiming to create a reliable power grid and improve the states’ connectivity to the upcoming load centers and extend the benefits of grid-connected power to all consumers in the region.

The Committee of Directors on Investment on Projects has approved an investment proposal for capital expenditure for procuring telecom equipment to set up an exclusive telecom network for the National Transmission Asset Management Center at an estimated price of ~INR 1.173 billion (~USD 16.06 million), with a commissioning schedule of 12 months from the date of the award.

Also Read: PSPCL Approves Rs. 36,767 crore Budget to Strengthen Transmission & Distribution

Additionally, the Committee also approved equity investment to pay off the state contribution of 5% project cost to Union Territories of Jammu and Kashmir and Ladakh and expenditure towards procurement of spares for 220 kV Srinagar-Leh transmission system at an estimated cost of INR 1.444 billion (~USD 19.77 million).

The project is scheduled to be progressively completed within 18 months from the date of investment approval. The government has plans to set up the 7.5 GW of solar projects in Leh and Kargil (Jammu & Kashmir) and intends to set up the transmission infrastructure ahead of the project development.