JTCL was incorporated on September 8, 2009. JTCL entered into a TSA dated December 1, 2010 and a TSA dated November 12, 2013 with PGCIL. The JTCL project was awarded to IGL by the Ministry of Power on January 19, 2011 for a 35-year period from the scheduled commercial operation date of the JTCL project, on a BOOM basis. We acquired JTCL from the Sterlite Sponsor in May, 2017.
JTCL alleviates transmission capacity bottlenecks and expands the reliability and stability of the power grid in western and northern India by providing open access to transmit power from the independent power projects in the east of India. The corridors thus created are crucial links, on the basis of which the CTU has entered long-term open-access agreements with several generation companies in the eastern region of India.
JTCL operates two EHV overhead transmission lines of approximately 992 ckms in the states of Chhattisgarh and Madhya Pradesh comprising one 765 kV double circuit line of approximately 757 ckms from Dharamjaigarh (Chhattisgarh) to Jabalpur (Madhya Pradesh) and one 765 kV single circuit line of approximately 235 ckms from Jabalpur to Bina in Madhya Pradesh. Further, JTCL has the first 765 kV transmission line developed by a private developer under the build, own, operate and maintain model, according to CRISIL.
Details of JTCL’s transmission lines are set forth as follows:
|Transmission line||Location||Route length (ckms)||Specifications||Commission date||Expiry of TSA term||Contribution to Total Tariff|
|Jabalpur-Dharamjaigarh||Chhattisgarh, Madhya Pradesh||757||765 kV D/C||September 14, 2015||March 31, 2049||72%|
|Jabalpur-Bina||Madhya Pradesh||235||765 kV S/C||July 1, 2015||March 31, 2049||28%|
The average quarterly availability of JTCL since commissioning is set forth in the table below, which is higher than the target availability of 98% under the JTCL TSA. As of March 31, 2020, the JTCL TSA had a remaining term of approximately 29 years.
*Quarterly data is calculated as an average of three months data, based on the monthly availability certificates
*Certain data for December 2020 are based on estimates.