Transmission project worth Rs 50k cr to go under hammer in FY’17 – Feedback

Transmission projects worth more than Rs 50,000 crore would be up for bidding during the current fiscal to increase power evacuation capacity in the country, Power Secretary P K Pujari said.

“Transmission projects worth Rs 50,000 crore would be auctioned. It could be even more than this during this fiscal,” Pujari told reporters at a CII conference here. He further said: “Last year (2015-16), we bid out transmission projects worth over Rs one lakh crore out of which Power Grid Corp got projects of Rs 56,000 crore and Rs 35,000 crore were awarded to private sector (on tariff based competitive bidding).” There has been healthy growth of the transmission sector during the 12th Plan (2012-17). After April 2012, India has added 90,000 circuit kilometres of transmission lines and 2.72 lakh MVA of transmission capacity.

http://economictimes.indiatimes.com/industry/energy/power/transmission-project-worth-rs-50k-cr-to-go-under-hammer-in-fy17/articleshow/54850665.cms

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