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Transmission
Parbati Koldam Transmission Corporation Limited
This project is a joint venture of RInfra (74 per cent) with Power Grid Corporation of India Limited (26 per cent) under build, own and operate basis. It has been developed under a cost plus tariff model which includes construction, maintenance and operation of 400 kV transmission lines evacuating power from Power Plants situated in Himachal Pradesh viz 800 MW Parbati-II and 520 MW Parbati-III Hydro Electric Project (HEP) of NHPC, 800 MW Koldam HEP project of NTPC and 100 MW Sainj HEP of HPPCL with total line length of 457 circuit kms. The power evacuated from the HEPs shall benefit the northern region states of Uttar Pradesh, Rajasthan, Punjab, Haryana, Jammu and Kashmir, Himachal Pradesh, Delhi, Chandigarh and Uttarakhand. PKTCL has had an excellent track record in its project execution and consequent favourable orders from the CERC which issued the final tariff orders to PKTCL, allowing the full cost as claimed in its transmission tariff petitions. In spite of the treacherous terrain, all lines are being operated successfully, maintaining an average availability of 99.94 per cent for 2017-18.
North Karanpura Power Transmission
The North Karanpura Transmission Project is on build, own, operate and maintain basis which involves construction of three 765 kV transmission lines of length of about 800 km and two 400 kV transmission lines of length of about 240 km. This project is being implemented by the Company’s special purpose vehicle, North Karanpura Transmission Company Limited. These lines would connect Lucknow, Bareilly, Meerut, Agra, Gurgaon, Sipat and Seoni. The project also involves construction of one 400/220 kV GIS substation at Gurgaon. All conditions subsequent to Transmission Service Agreement were completed by NKTCL, but there was huge delay in receipt of enabling clearances to start construction, namely, authorization under Section 164 of the Electricity Act, 2003. The petition was filed with the Central Electricity Regulatory Commission (CERC) seeking compensation based on force majeure events seeking various relief measures in terms of tariff escalation and time extension for project completion. NKTCL challenged the CERC order in the Appellate Tribunal for Electricity (APTEL), which was further challenged by beneficiaries in the Hon’ble Supreme Court. The case is subjudice and is currently with the Hon’ble Supreme Court. Another case is subjudice with APTEL against license revocation order of CERC in a petition filed by PGCIL.
Talcher II Augmentation project
Talcher II Augmentation project is on build, own, operate and maintain basis which involves construction of three 400 kV double circuit transmission lines of 670 kms. These lines would connect Talcher, Rourkela, Behrampurand Gazuwaka. One substation of 400/220 kV at Behrampur is also in the scope of execution of the project. All conditions subsequent to Transmission Service Agreement were completed by Talcher II Transmission Company Limited (TTCL), but there was huge delay in receipt of enabling clearances to start construction, namely, authorization under Section 164 of the Electricity Act, 2003. The petition was filed with CERC based on force majeure events seeking compensation and various relief measures in terms of tariff escalation and time extension for project completion. TTCL challenged the CERC order in APTEL which was further challenged by beneficiaries in the Hon’ble Supreme Court. The case is subjudice and is currently with the Hon’ble Supreme Court. Another case is subjudice with APTEL against license revocation order of CERC in a petition filed by PGCIL.