Power Grid Corporation Of India Ltd.

Power Grid Corporation of India (PGCIL) has decided a capital expenditure of Rs 1 lakh crore for the 12th five year plan while, it has planned capital expenditure of Rs 20,000 crore for FY13. The company is likely to use the capex for transmission jobs.

The equity component will be at 30% and the balance debt. In FY13, the company expects the central sector to add 6,200 MW, independent power producers 3,800 MW and ultra mega power plants 1,600 MW.

The entity is aiming opportunities in inter-State transmission systems, smart grid, asset management and engineering, procurement and construction, besides avenues in backward integration. The inter-connectivity is expected to be completed by March 2014.