PERFORMANCE BUDGET 1998-99 - Ministry of Power

The paid up Capital of the Company as on 31st March, 1998 stands at Rs. 3036.54
crores as against Rs. 3020.04 Crores as on 31st March 1997.
BUDGET UTILISATION
During the financial year 1997-98, POWERGRID has fully met from the plan budget
of Rs.1,600 crore including Rs.21.50 crore from NEC for Ranganadi and Doyang
transmission system.
11.5.8 VIII PLAN PERFORMANCE
During 8th five year plan spanning from FY 1992-93 to 1996-97, actual expenditure
against the capital outlay budgeted for POWERGRID of Rs.4539 crore was exceeded
and an amount of more than Rs.4927 crore was utilised. Around 8,000 ckt km of EHV
line was added to the transmission network. The Fixed Assets (Gross Block) of the
company grew from Rs.3,521 crore in 1992-93 to Rs.5,582 crore as on 31/3/97 thereby
resulting in a growth of 56%. The turnover went up from a modest Rs.334 crore in
1992-93 to Rs.1,058 crore during 1996-97 registering an average annual growth rate of
39% during the last five years.
MAJOR SCHEMES
The projects undertaken by POWERGRID are broadly classified as Generation Linked
Projects - power evacuation and Grid Strengthening Projects - Inter-regional links and
Unified Load Despatch & Communications Schemes, etc. Further, in view of the entry
of the various large Independent Power Producers in the power Sector, POWERGRID
is also contemplating possible investments towards implementation of transmission
projects related to IPP projects.
GENERATION LINKED PROJECTS
During the 8th Five Year Plan, POWERGRID met all its commitments for providing
transmission services for evacuation of power from various power stations executed
under Central Sector. Major projects commissioned by the organisation during this period
are Uri transmission system. Gandhar transmission system, Salal-II transmission system,
Kathalguri transmission system (part) etc. POWERGRID stands by its commitment to provide
evacuation arrangements for all the power projects being implemented by various agencies in
Central Sector. To meet the requirements of evacuation and dispersal of power, POWERGRID
is executing important schemes like Nathpa-Jhakri (400 KV), Unchahar (220 KV), Ganga
Valley (800 KV), RAPP-B (220 KV), Vindhyachal Stage-II (400 KV) & Vindhyachal
additional (400 KV), Kayamkulam (220 KV), and Kathalguri (400 KV), Dulahasti (400
KV), Rangit (132 KV), Kishenpur - Moga (800KV).
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