POWERGRID has successfully completed and charged 220 kV S/c Leh - Khalsti Line section of 220 KV S/c Alusteng (Srinagar) - Leh Transmission line, along with 220/66 kV GIS sub-stations at Leh and Khalsti on October 31. This is the first...
time in the country that any 220kV voltage level substation is built at such a high altitude of over 11500 ft.
This is a prestigious project of Govt. of India for extending Grid connectivity to difficult Geographical areas of Leh- Ladhakh Region in Jammu & Kashmir. Foundation of this strategically important project was laid by the Prime Minister way back in August, 2014. Implementation of Srinagar-Leh Transmission System has been entrusted to Power Grid Corporation of India Limited (POWERGRID).
Earlier, Power Grid Corporation reported its net profit for the September quarter at Rs 2,141 crore. It was 14 percent higher than the previous year’s figure of Rs 1,872 crore
The company’s revenue came in at Rs 7,252.8 crore against Rs 6,250.9 crore posted in the same quarter last year.
On the operational front, earnings before interest, taxes, depreciation and amortisation (EBITDA) came in at Rs 6,474.8 crore, up 15.6 percent against Rs 5,600.2 crore year on year. Meanwhile, the operating margin came in at 89.3 percent against 89.6 percent year on year.
Commissioning of these elements will facilitate delivery of power from the Nimmo Bazgo (3x15MW) Hydro-electric power stations in Leh/Ladhakh Region, with reliability.
Balance sections of this project, namely Khalsti-Kargil-Drass-Alusteng(Srinagar) section is under progress, which upon completion, will facilitate transfer of power to Ladakh region, directly from Northern Grid, in all seasons, with reliability.
PGCIL is an electric utilities PSU headquartered in Gurugram. POWERGRID transmits about 50 percent of the total power generated in India on its transmission network. Its former subsidiary company, Power System Operation Corporation Limited (POSOCO) handles power management for Power Grid. POWERGRID also operates a telecom business under the name POWERTEL.
POWERGRID started functioning on management basis from August, 1991 and subsequently it took over transmission assets from NTPC, NHPC, NEEPCO, NLC, NPC, THDC, SJVNL etc. in a phased manner and the Navratna PSU commenced commercial operation in 1992-93.