Power Grid Corporation of India Ltd (PGCIL), in a statement, said that it incurred capital expenditure of Rs.1,939 crore in the second quarter (Q2, July to September) of FY22.
During the same period, PGCIL capitalized assets worth Rs.7,633 crore. Asset capitalization broadly means commissioning of projects into commercial/revenue-earning assets.
As of September 30, 2021, PGCIL’s gross fixed assets stood at Rs.2,54,997 crore. This includes assets of PGCIL (standalone) and those of its subsidiaries.
Capacity commissioned
During Q2 of FY22, PGCIL added 2,100 ckm worth of transmission lines and around 14,000 MVA of transformation capacity (substations).
In the same period, the interregional transfer capacity was enhanced by 5,700 MVA thanks to the commissioning of:
- 765kV double-circuit Vindhyachal-Varasani line (4,200 MW)
- Bipole-II (Pole-3) of the ±800 kV HVDC Raigarh-Pugalur link (1,500 MW)
The aforementioned Vindhyachal-Varasani line is part of Powergrid Varanasi Transmission System Ltd, a wholly-owned subsidiary of PGCIL. The project was won under the TBCB mode. It may also be noted that Powergrid Varanasi Transmission System Ltd was earlier known as WR-NR Power Transmission Ltd.
As of September 30, 2022, the interregional transfer capacity of the National Grid stood at 1,10,750 MW. This includes that owned by PGCIL and also by other (private) entities.
Also read: PGCIL Achieves Record Substation Capacity Addition In September 2021
Asset block
As of given date, total transmission assets of PGCIL and its subsidiaries stood at 1,70,724 ckm of transmission lines, and 262 substations with an aggregate transformation capacity of 4,54,350 MVA.
Pole-4 of Raigarh-Pugalur HVDC link
It may be recalled that on October 25, 2021, PGCIL announced that Pole-4 of the Raigarh-Pugalur HVDC system was commissioned. This has completed the project and the full transfer capacity of 6,000 mw of the ±800 kV HVDC Raigarh-Pugalur link has now been realized.
(Featured photograph for illustration only)