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Joint Ventures

Existing JVs

SNo.

Name

Equity Partners

Purpose

1

Powerlinks

Transmission

Limited

POWERGRID (49%), Tata Power Ltd. (51%)

Transmission system associated with

Tala HEP in Bhutan – Progressively

Commissioned in Aug’06.

2

Torrent

POWERGRID

Limited

POWERGRID (26%), Torrent Power Limited (74%)

Transmission System associated with

1100 MW Sugen generating project at

Surat -- progressively commissioned in

Mar’11.

3

Jaypee

POWERGRID

Limited

POWERGRID (26%), Jaiprakash Power Ventures Limited (74%)

Transmission system associated with

1000 MW Power Project at Karcham-

Wangtoo in HP - progressively

Commissioned in Apr’12.

4

North-East

Transmission

Company

Limited

POWERGRID (26%), ONGC Tripura Power Company Limited (26%), Govt. of Tripura (10%), AEGCL (13%), Govt. of Mizoram (10%), Govt. of Manipur (6%), Govt. of Meghalaya (5%) & Govt. of Nagaland (4%)

Transmission system associated with

726.6 MW Gas Based Combined Cycle

Power Project at Pallatana in Tripura. -

Progressively commissioned in Feb’15.

5

Parbati-

Koldam

Transmission

Company

Limited

POWERGRID (26%), Reliance Infrastructures Limited (74%)

Transmission Lines associated with

Parbati-II (800 MW) and Koldam (800

MW) HEPs. - Progressively

commissioned in Nov’15.

6

Teesta Valley

Power

Transmission

Limited

POWERGRID (30.92%), Teesta Urja Limited (69.08%)

Transmission System associated with

1200 MW Teesta – III HEP in Sikkim.

Progressively commissioned in Feb'19.

7

National High

Power Test

Laboratory

Pvt. Limited

POWERGRID (20%), NTPC (20%), NHPC (20%), DVC (20%) and CPRI (20%)

To create high power short circuit test

Facility. High Voltage Transformer section

Commissioned.

8

Energy

Efficiency

Services Ltd

POWERGRID (5.71%), NTPC (47.15%), PFC (24.97%) and REC (22.17%)

To carry out and promote business

related to Energy Efficiency, Energy

Conservation and Climate change.

9

Cross Border

Power

Transmission

Company Ltd.

POWERGRID (26%), IL&FS Energy Development Company Ltd (38%), Satluj Jal Vidyut Nigam Ltd (26%) and NEA (10%)

Establishment of Indian Portion of

Indo-Nepal Cross Boarder

Transmission Line from Muzaffarpur to

Sursand. Progressively commissioned

in Feb’16.

10

Bihar Grid

Company

Limited

POWERGRID (50%), Bihar Power (Holding) Company Limited (50%)

Establishment of Intra-State

Transmission system in the State of

Bihar.

11

Kalinga

Bidyut

Prasaran

Nigam Private

Limited

POWERGRID (50%), Odisha Power Transmission

Corporation Limited (50%)

Establishment of Intra-State

Transmission system in the State of

Odisha.

12

Power

Transmission

Company

Nepal Ltd.

(PTCN)

POWERGRID (26%), NEA (50%), Financial Institutes of Nepal (14%) and IL&FS Energy Development Company Ltd (10%) (IEDCL)

Establishment of Nepal Portion of

Indo-Nepal Cross Boarder

Transmission Line from Dhalkebar to

Bittamod. Progressively commissioned

in Feb’16.

13

RINL

POWERGRID

TLT Private

Ltd. (RPTPL)

POWERGRID (50%) ,Rashtriya Ispat Nigam Ltd (50%)

Establishment of manufacturing of

Transmission Line Tower parts plant.