Powergrid Lines Up Rs 11,000 Cr Capex For Fy10

摘要

Boosted by the government's thrust on the country's transmission infrastructure, state-owned PowerGrid Corporation of India Ltd (PGCIL) has marked a higher capital expenditure of Rs 11,000-11,500 crore for financial year 2009-10. PowerGrid, India's leading transmission company, is one of the few firms in the country that expect to buck the slowdown trend even though power generation projects have slackened somewhat. J Sridharan, director (finance), said most of the projects that PowerGrid has taken up under the government's Eleventh Five-Year Plan are either independent of power generation projects or are being implemented by state-owned companies. "We are also implementing transmission line networks for NTPC and National Hydro Power Corporation (NHPC). So far, the slowdown has not hit their plans and as a result, our plans are also unaffected," our plans are also unaffected," he said.