PERFORMANCE BUDGET 1998-99 - Ministry of Power

11.5.2 POWERGRID REGIONS
The country has been demarcated into 6 power regions for the purpose of formation of
Regional Power Grid Systems, which will ultimately be integrated into the National
Grid at the National level. Accordingly, POWERGRID has established six Regional
head Quarters stationed at six power regions, based on the size and spread of its
transmission networks. These regions are Northern Region-I (NR-I) and Northern
Region-II (NR-II) in the Northern power region of the country, Eastern Region (ER),
Western Region (WR), Southern Region (SR) and North-Eastern Region (NER). Under
these Regional HQs (RHQs), there are Divisional HQs (DHQs) and Group HQs (GHQs)
for effective Administration, Operation and Maintenance of the transmission system,
which is spread across the length and breadth of the entire country.
11.5.3 SOURCE OF FUND
The International Financial Institutions have actively supported POWERGRID since
its very inception. They have expressed their confidence in POWERGRID’s capabilities
to operate, monitor and construct the Regional and National Power Grids. They have
already committed around Rs 6000 crores for financing new projects of POWERGRID.
The World Bank loan commitment today amounts to about US $ 1.5 billion for financing
various projects of POWERGRID. This includes the World Bank direct loan to
POWERGRID for an amount of US $ 350 million for POWERGRID System
Development Project (PSDP).
Further, the World Bank has agreed “in principle” to extend the 2nd loan to
POWERGRID, on a time slice concept, amounting to around US $ 1.20 billion, against
a basket of projects spread in a time slice 5-7 years.
Similarly Asian Development Bank has extended POWERGRID a first sectoral loan
in the Indian Power Sector of US $ 275 million against a basket of projects which
include augmentation of transmission system in North - Eastern region. The Overseas
Economic Co-operation fund, Japan has provided a loan amounting to 32.754 billion
yen towards the implementation of transmission system associated with Gas power
projects of Gandhar, Kathalguri and Faridabad.
In addition European Investment Bank, Overseas Development Administration, West
Merchant Bank, The Banque Indosuez and Credit Nationale, Paris, Industrial Bank of
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