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Untitled - Ministry of Power

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18<br />

“<strong>Power</strong>links Transmission Limited”) for<br />

implementation <strong>of</strong> major transmission lines <strong>of</strong><br />

the Transmission system associated with Tala<br />

HEP in Bhutan, East-North inter-connector and<br />

Northern Region Transmission System, costing<br />

about Rs. 1,100 Crore. This project has received<br />

excellent response from International Funding<br />

Institutes like IFC, Washington including<br />

multilateral financing from private sector arm <strong>of</strong><br />

ADB, Manila and Indian Financial Institutions like<br />

IDFC, SBI. The project loan is without any<br />

guarantee from POWERGRID and GOI. The JV<br />

Company has received its transmission license<br />

from CERC, the first such license in Indian <strong>Power</strong><br />

Sector. In fact this JV model <strong>of</strong> Public - Private<br />

Partnership, developed by POWERGRID, is first<br />

in India and in Asia and would be trend setter<br />

for future private investment not only in India but<br />

abroad as well.<br />

With the success <strong>of</strong> above project, POWERGRID<br />

has already initiated action to bring in more<br />

private investment in transmission projects and<br />

two more projects i.e. transmission system<br />

associated with Koldam, Parbati & Maithon,<br />

estimated to Cost Rs. 1300 Crore, have been<br />

floated under joint venture route.<br />

In addition, transmission lines under Western<br />

Region Strengthening scheme (estimated project<br />

cost: Rs. 3,500 Crore) is also being considered<br />

for implementation under JV route.

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