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OVERVIEW

PTCL was incorporated on December 19, 2012. PTCL entered into a TSA on May 12, 2014. The PTCL project was awarded by the Ministry of Power to TEECL and TPGCL through a letter of intent dated September 8, 2013 for a 35-year period from the scheduled commercial operation date of the PTCL project, on a BOOM basis. In August, 2018, we completed the acquisition of 74% of the equity shares of PTCL from TEECL and TPGCL.

PTCL In The GridPTCL constitutes a key component in strengthening the power transmission system in the state of Punjab. PTCL operates one 400 kV D/C line from Patiala to Kaithal in Punjab and has a 1000 MVA, 400/220 kV substation at Patran and 14 kV line bays. The Patiala – Kaithal 400 kV D/C transmission line was commissioned in June 2016.

Details of PTCL’s transmission lines are set forth as follows:

TRANSMISSION LINE /SUBSTATION ROUTE LENGTH (CKMS) SPECIFICATIONS COMMISSION DATE EXPIRY TERM OF TSA
Patiala—Kaithal - 400 kV D/C November 12, 2016 November 2051
Patran substation - 2*500MVA, 400/220kV Substation at Patranwith; i. 6 nos 400kV Bays ii. 8 nos 220kV Bays November 12, 2016 November 2051

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