R. K. Tyagi
Chairman & Managing Director
Notable Quotes
We are poised to exceed our annual guidance, which we have been talking.
Unless until the Chinese companies available in India, if relaxation by Government of India is given, then it is going to boost the transmission sector.
We don't want that any power, RE power, green power, which is almost free, given by nature, so it should not be curtailed at any cost.
We are driving energy transition as per the mission of Government of India. We have used mission for redevelopment in India, which requires huge transmission system, and POWERGRID is one of the largest transmission system developers in India.
ROW is a very big problem in India. Making a transmission line is very, very challenging.
Supply cost is increasing now because demand is more if you consider transformer, if you consider GIS, if you consider breaker, if you consider maybe insulator or even tower parts also.
Our outlook will be at least INR 3 trillion rupees projects or CapEx by 2032.
As per the new CERC regulation, our O&M charges have been reduced by almost INR 600 crores. So for half year, the effect is almost INR 300 crores.
Our transmission system availability is best as compared to other utilities, whether it is SGCC, China, or it is AEP, USA, or Furnas, Brazil, or Eskom, South Africa, or NGC, U.K.
We have about more than INR 100,000 crore power transmission projects in pipeline. Maybe more than that, but at least INR 100,000 crore projects are inside.