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OVERVIEW

PKTCL was incorporated on December 15, 2012. PKTCL entered into a TSA on August 6, 2013. The PKTCL project was awarded by the Ministry of Power on September 17, 2013 for a 35-year period from the scheduled commercial operation date of the PKTCL project, on a BOOM basis. We acquired PKTCL from the Sterlite Power in February, 2018.

PKTCL In The GridPKTCL supports the interconnection of the West Bengal state grid and the ISTS and facilitates the exchange of additional power between them. PKTCL was established to strengthen the transmission system in the states of West Bengal and Jharkhand.

PKTCL operates two EHV overhead transmission lines with a total circuit length of approximately 545 ckms in the states of West Bengal and Jharkhand, comprising one 400 kV D/C line of approximately 322 ckms from Kharagpur (West Bengal) to Chaibasa (Jharkhand) and one 400 kV D/C line of approximately 223 ckms from Purulia (West Bengal) to Ranchi (Jharkhand). The Kharagpur-Chaibasa 400 kV D/C transmission line was commissioned in June 2016, while the Purulia – Ranchi 400 kV D/C transmission line was commissioned in January 2017. The project was fully commissioned in January 2017 at a total cost of ₹4,405 million. The net depreciated value of the asset as of December 31, 2020 is ₹ 3,791.60 million.

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

TRANSMISSION LINE /SUBSTATION ROUTE LENGTH (CKMS) SPECIFICATIONS COMMISSION DATE EXPIRY TERM OF TSA
Kharagpur (WBSETCL)—Chaibasa (PG) 322 400 kV D/C June 18, 2016 April 19, 2051
Purulia PSP (WB)—Ranchi PG 223 400 kV D/C January 7, 2017 April 19, 2051

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