PGCIL Operations director R P Sasmal was quoted by Business Standard as saying that the company is planning to invest over INR200bn to INR250bn, which amounts to approximately $4bn a year, for next five years in the transmission sector.
”We have already placed orders for Rs 80,000 crore and every year we are going to spend around Rs 20,000-24,000 crore. Our capital work in progress is about Rs 40,000 crore,” Sasmal added.
Sasmal was speaking during inauguration of the digital substation automation competence centre of Alstom T&D India, a unit of French power generation, transmission and transport company Alstom.
PGCIL is currently working on the National Transmission Asset Management Centre (NTAMC), with plans to operate 192 substations from a remote location.
Operations in 25 substations under the system have already commenced, while those of remaining are expected to start in the next few months.
Meanwhile, the company is also planning to focus on cyber security, once the NTAMC is operational, according to Sasmal.
