MOU signed between POWERGRID and NTPC with a focus on Common Wealth Games

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MOU signed between POWERGRID and NTPC with a focus on

Common Wealth Games

 

 

New Delhi, June 13, 2009

 

Power Grid Corporation of India Ltd, a Govt. of India Enterprise has signed a bi-lateral agreement with NTPC Ltd for turnkey execution of 44 km long 400 KV D/C Transmission line from Dadri to Loni at an estimated cost of Rs. 47 crores.

 

The Agreement has been signed by H.L.Tayal, Executive Director (Business Development) of POWERGRID and K.K.Agarwal, Regional Executive Director (National Capital), NTPC in presence of CMD, POWERGRID and other senior officials of POWERGRID and NTPC.

 

It is a very time bound prestigious project as is linked with Commonwealth Games.

POWERGRID will undertake complete design, engineering, tendering, evaluation, procurement, project management, erection, testing and commissioning of the Project.

Though severe Right of Way problem is anticipated during construction of the line due to proximity to Delhi Urban Area, POWERGRID will put in its best efforts for completion of the line by Aug,2010, as this will cater the requirement of Commonwealth Games.

POWERGRID is one of the largest utility in the World which owns and operates about 71500 Ckt Kms of transmission lines upto 765 KV and 120 substations with transformation capacity of about 79500 MVA. 45% of the total power generated in the country is being wheeled by POWERGRID.

 

Revenue earned by POWERGRID through such consultancy Assignments has grown from Rs. 128 crores to Rs. 235 crores during last 5 years.

   
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