pgcil sip report jha
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XAVIER INSTITUTE OF SOCIAL SERVICE
(Ranchi, Jharkhand)
ANALYSIS OF REVENUE FROM CONSULTANCY SERVICES
AT
POWER GRID CORPORATION OF INDIA LIMITED
Gurgaon, Haryana
AS A PART OF SUMMER INTERNSHIP PROGRAMME
Under the Guidance o
Mr! "ika#h $handra Thakur (Mana%er & Finance ' Account#, PG$I)
'
Pro! Arana au#ar (Facu*t+ Me-er, .ISS, Ranchi)
Fro /0!12!/103 To 04!15!/103 (6 7eek#)
Su-itted -+89
Animesh Jha
.A"IER INSTITUTE OF SO$IA SER"I$E
Ranchi 9 632110
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APPROVAL SHEET
Thi# i# to certi+ the Suer Pro:ect entit*ed Analysis of Revenue fromConsultancy Jobs at Power Grid Corporation of India Limited ha# -een
;re;ared -+ r! A"I#$% J%Ain ;artia* u*i**ent o the rei;*oa in Mana%eent (Finance) at
.a?ier In#titute o Socia* Ser?ice (.ISS), Ranchi!
The #tud+ e-odie# the data co**ected, ana*+@ed and co;i*ed -+ the
re#earcher under the %uidance o the under#i%ned %uide o the in#titute and
there-+ a;;ro?ed a# indicatin% the ;roicienc+ o the re#earcher!
Prof. Arana Kausar Prof. Bhaskar Bhowani. Project Guide. Summer Internship
Coordinator.
Dr. Ratnesh Chatturvedi.HOD inance.
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Dec!arationI hear"# dec!are that the project report entit!ed $Analysis of Revenue fromConsultancy Jobs at Power Grid Cororation of !ndia "imited# has "een prepared"# me durin% the period &rom under the %uidance o&
'r. Vi(ash Chandra Tha(ur)Manager- Finance & Accounts*and
Pro&. Arana +ausar, acu!t# 'em"er -aier Institute o& Socia! Serice, Ranchi.
I a!so dec!are that the project has not "een su"mitted nor sha!! it "e su"mitted in &utureto an# other /niersit# or Institution &or the a0ard o& an# other de%ree or dip!oma.
Date1 Si%natureP!ace1
)Animesh 2ha*
AC+3O4LEDGE'E3T3
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It 0as rea!!# a %reat e5perience to 0or( &or a compan# o& the stature o& P$%&RGR!D.4e &ind %reat p!easure in e5pressin% our deep sense o& %ratitude to0ards a!! those 0hohae made it possi"!e &or us to comp!ete this project 0ith success. Their contri"ution,"i% or sma!!, 0as a!ua"!e to us &or the comp!etion o& the project.
irst o& a!!, 0e 0ou!d !i(e to than( 'r.(ikas Chandra )hakur *'ana+er ,inance -Accounts 0ho %ae us an opportunit# to do a project &or this esteemed compan# anda!so he!ped us immense!# as our e5terna! %uide. He proided us 0ith a!ua"!e(no0!ed%e, %ae us precious time and shared his e5perience 0ith the compan# andrecent dee!opments that are ta(in% p!ace in the same or%ani6ation.
A specia! than(s to our mentors &rom the institute Prof. Dr. /ubha0it Bhattacharya)Department o& inance* 7 Prof. Arana Kausar )Department o& inance*, 0hoproided us 0ith their immense support and constant!# %uided us throu%hout the projectand 0ithout their %uidance the project cou!d not has "een easi!# comp!eted.
Last but not the least a special thanks to our friends and family for standing by
us and helping us in various ways for successful completion of this Project.
CO3TE3TS
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Serial No Topics Page No.
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1 1.1 Introduction to the Topic !1.2 "tructure of Power "ector #1.3 $lectricity %ct 2&&3 1&1.4 Problems and issues concerned with Power
"ector11
1. 'lobali(ation of Power "ector 121.) Players of the "ector 121.! Licensees 131.# *nterrelationship between players 131.+ ,arket "hare of the major players and --* 13
2 National Grid2.1 *ntroduction 142.2 ormation of /ational 'rid 142.3 0evelopment of /ational 'rid 12.4 0istribution of Power "ector 1
3 Research Methodology3.1 ustification of the "tudy 1)3.2 "ources of *nformation 1!3.3 "cope of "tudy 1!3.4 Limitations of "tudy 1#
4 Company Profile4.1 %n verview 1+4.2 ompany -istory and *ncorporation 1+4.3 P$5'5*0 6 7he ompany 2&
4.4 8ision and ,ission of the ompany 214. bjectives of the company 224.) ,ilestones %chieved 234.! P$5'5*09s Performance 24624.# ields of peration: "ervices offered by
P$5'5*02)62+
Analysis of Consultancy Service.1 %reas of onsultancy "ervice offered by
P$5'5*03&633
.2 Process of btaining a consultancy assignment 3463).3 ,ethod f ;idding 3)63!.4 oint 8enture 3!63#. omparison of $arnings through onsultancy 3+.) hange in $arnings through onsultancy in
comparison to 7otal $arnings3+
.! omparison of omposition of $arningsthrough onsultancy
4&641
.# 5ole of inance 0epartment in onsultancy
obs at P'*L
41643
) Analysis of Revenue
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).1 ive
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Introduction to the &opic
The Pro:ect Re;ort on the to;ic 8 Analysis of Revenue from Consultancy $ervices at
power Grid Corporation of India Limited ha# -een ;re;ared -+ a #tudent o PG>M
Pro%ra at .a?ier In#titute o Socia* Ser?ice, ater under%oin% 6 =eek# o Suer Trainin% a# a ;arto FINAN$E curricu*u! The Intern#hi; ha# -een undertaken at8
P'(#RGRI) Corporation of India ltd!
$or;orate centre
SAU>AMINIB P*ot no!/,
Sector9/4
Gur%aon90//110
under the %uidance o r! *i+ash Chandra &ha+ur, -Manager- Finance & Accounts).
Po=er Grid $or;oration o India *td! (PO7ERGRI>), IndiaB# ;rinci;a* ;*a+er in #lectric powertransmissionand a C"avratnaD co;an+, =a# incor;orated on Octo-er /3, 0464 a# a Pu-*ic iited
$o;an+, =ho**+ o=ned -+ the Go?ernent o India! It ha# -een carr+in% out it# re#;on#i-i*itie#
eicient*+ in the con#truction, o;eration and aintenance o inter9#tate tran#i##ion #+#te# and
o;eration o Re%iona* Po=er Grid#! It ha# -een notiied a# the $entra* Tran#i##ion Uti*it+ ($TU) o
the countr+! e#ide# -ein% a ono;o*+ in the tran#i##ion #ector it a*#o ha# etended it# o;eration# in
the te*eco -u#ine## -+ *a+in% o?erhead o;tic i-re net=ork o /111 k# (a# on Ma+ /10/) or
te*eco connecti?it+ to a** a:or to=n# ' citie#! The net=ork *ea#e# -and=idth to c*ient# *ike harat
Sanchar Ni%a, "ide#h Sanchar Ni%a, Tata Te*e#er?ice#, Re*iance counication# and harti
Airte*!
7ith a net =orth o R#!/030!3 (F /101900) the inancia* ;erorance o PO7ERGRI> ha# -een
i;ro?in% con#i#tent*+ ain*+ on account o coi##ionin% o ne= ;ro:ect# o?er the +ear#!
PO7ERGRI> continue# to %i?e a:or thru#t to R'> acti?itie# and #ea*e## inte%ration o ne=
techno*o%ie# to achie?e #u#taina-*e %ro=th and to i;ro?e
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To reain a inancia**+ ;ro%re##i?e or%ani@ation in eer%in% arket condition#, PO7ERGRI> i#
takin% a** ;o##i-*e #te;# to i;ro?e it# inancia* #tren%th -+ takin% u; other kind o #+ner%etic -u#ine##
#uch a# con#u*tanc+ a##i%nent# at Nationa* and Internationa* *e?e* in tran#i##ion, di#tri-ution,
te*eco etc! a#ed on it# in9hou#e e;erti#e in ?ariou# acet# o tran#i##ion and te*eco #ector#,
PO7ERGRI> ha# -een oerin% con#u*tanc+ #er?ice#! e#ide# ?ariou# doe#tic a##i%nent#, the
$o;an+ i# takin% keen intere#t in de?e*o;ent o tran#i##ion #+#te in the nei%h-orin% countrie#
?i@! hutan, Ne;a*, A%hani#tan and Sri anka!
Structure of Power sector
In >ece-er 041 a-out 53 o the in#ta**ed ca;acit+ in the
Uti*itie# =a# in the ;ri?ate #ector and a-out 3 =a# in the
;u-*ic #ector! The Indu#tria* Po*ic+ Re#o*ution o 045
en?i#a%ed the %eneration, tran#i##ion and di#tri-ution o;o=er a*o#t ec*u#i?e*+ in the ;u-*ic #ector! A# a re#u*t o
thi# Re#o*ution and aci*itated -+ the E*ectricit+ (Su;;*+) Act,
0426, the e*ectricit+ indu#tr+ de?e*o;ed ra;id*+ in the State
Sector!
&he #lectricity -$upply. Act, /012, ;ro?ide# an e*a-orate
in#titutiona* rae =ork and inancin% nor# o the
;erorance o the e*ectricit+ indu#tr+ in the countr+!
The Act en?i#a%ed creation o $tate #lectricity 3oards
-$#3s.or ;*annin% and i;*eentin% the ;o=er de?e*o;ent;ro%raer#B in their re#;ecti?e State#! The Act a*#o ;ro?ided or creation o centra* %eneration
co;anie# or #ettin% u; and o;eratin% %eneratin% aci*itie# in the $entra* Sector!
The Central #lectricity Authoritycon#tituted under the Act i# re#;on#i-*e or ;o=er ;*annin% at the
nationa* *e?e*! In addition the E*ectricit+ (Su;;*+) Act a*#o a**o=ed ro the -e%innin% the ;ri?ate
*icen#ee# to di#tri-ute andKor %enerate e*ectricit+ in the #;eciied area# de#i%nated -+ the concerned
State Go?ernentKSE!
>urin% the ;o#t inde;endence ;eriod, the ?ariou# State# ;*a+ed a ;redoinant ro*e in the ;o=er
de?e*o;ent! Mo#t o the State# ha?e e#ta-*i#hed State E*ectricit+ oard#! In #oe o the#e State##e;arate cor;oration# ha?e a*#o -een e#ta-*i#hed to in#ta** and o;erate %eneration aci*itie#! In the re#t
o the #a**er State# and UT# the ;o=er #+#te# are ana%ed and o;erated -+ the re#;ecti?e
e*ectricit+ de;artent#! In a e= State# ;ri?ate *icen#e# are a*#o o;eratin% in certain ur-an area#!
Fro, the Fith P*an on=ard# i!e! 04294, the Go?ernent o India %ot it#e* in?o*?ed in a -i% =a+ in
the %eneration and -u*k tran#i##ion o ;o=er to #u;;*eent the eort# at the State *e?e* and took
u;on it#e* the re#;on#i-i*it+ o #ettin% u; *ar%e ;o=er ;ro:ect# to de?e*o; the coa* and h+droe*ectric
re#ource# in the countr+ a# a #u;;*eentar+ eort in eetin% the countr+B# ;o=er re
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"orth4#astern #lectric Power Corporation -"##PC'.=a# #et u; in 045 to i;*eent the
re%iona* ;o=er ;ro:ect# in the North9Ea#t!
Su-#e
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0! To re%u*ate the tari o %eneratin% co;anie# o=ned or contro**ed -+ the $entra*
Go?ernent,
/! To re%u*ate the tari o %eneratin% co;anie#, other than tho#e o=ned or contro**ed -+
the $entra* Go?ernent, i #uch %eneratin% co;anie# enter into or other=i#e ha?e a
co;o#ite #chee or %eneration and
3! Sa*e o e*ectricit+ in ore than one State to re%u*ate the inter9#tate tran#i##ion o
ener%+ inc*udin% tari o the tran#i##ion uti*itie#,
2! To re%u*ate inter9#tate -u*k #a*e o ;o=er and to aid ' ad?i#e the $entra* Go?ernent
in oru*ation o tari ;o*ic+!
The $ER$ =a# con#tituted on /2!!0446!
The main functionso the $ER$ are8
0! To deterine the tari or e*ectricit+ =ho*e#a*e -u*k, %rid or retai*,
/! To deterine the tari ;a+a-*e or u#e -+ the tran#i##ion aci*itie# to re%u*ate ;o=er
;urcha#e and ;rocureent ;roce## o tran#i##ion uti*itie# and di#tri-ution uti*itie#,
3! To ;roote co;etition, eicienc+ and econo+ in the acti?itie# o the e*ectricit+
indu#trie# etc! Su-#e
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Enacted in +ear /113, it ha# created a ne= ;aradi% or the de?e*o;ent o ;o=er #ector in India! It
ha# a-o*i#hed ono;o*+ o the State E*ectricit+ oard created under the E*ectricit+ (Su;;*+) Act 0426
and ha# created a ne= co;etiti?e rae=ork or the de?e*o;ent o the ;o=er #ector in India =ith
ocu# on the con#uer# and #ae%uardin% their intere#t# -+ inde;endent Re%u*ator+ $oi##ion#! The
Act ha# e*iinatedKreduced entr+ -arrier# in the entire chain o the e*ectricit+ #u;;*+ -u#ine##!
It ark# the cu*ination o the ;roce## -e%innin% in the id ninetie# o State# enactin% their o=n
Reor Act# and the enactent o the E*ectricit+ Re%u*ator+ $oi##ion Act o 0446 =hich -rou%htinto ;*ace the $entra* E*ectricit+ Re%u*ator+ $oi##ion and authori@ed the #tate to create Re%u*ator+
$oi##ion# at State *e?e*, i the+ =i#hed to do #o!
$alient =eatures of the #lectricity Act >77?
The ActB ;ro?ide# or8
a) Generation o e*ectricit+ i# ree ro *icen#in%!
Impact@More indu#trie# =i** -e encoura%ed to #etu; ca;ti?e ;o=er ;*ant#! A*#o, the tierei#tri-ution o E*ectricit+ or Rura* area# Peritted!
Impact@Thi# =i** a**o= ;otentia* ;ri?ate entrant# to enter the di#tri-ution -u#ine##, =hi*e ;uttin%
;re##ure on incu-ent# to enhance ;erorance and cu#toer #er?ice!
) Mandator+ ;urcha#e o ;o=er ro rene=a-*e #ource# -+ the di#tri-ution *icen#ee!
Sin%*e u+er ode* i# co;*ete*+ a-o*i#hed!
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Impact@ Thi# =i** -rin% co;etition in the indu#tr+! $o;etition aon% ;*a+er# =i** a*#o
enhance eicienc+ and *ed to -etter cu#toer #er?ice #tandard#!
Problems & Issues Concerned with Power Sector
The o#t i;ortant i##ue# -ein% aced in the ;o=er #ector are the irrationa* and unreunerati?e tari
#tructure! Po=er Su;;*+ to a%ricu*ture and doe#tic con#uer# i# hea?i*+ #u-#idi@ed! On*+ a ;art o
thi# #u-#id+ i# reco?ered -+ SE# throu%h cro## #u-#idi@ation o tari ro coercia* and indu#tria*
con#uer#! The SE#, in the ;roce##, ha?e -een incurrin% hea?+ *o##e#! I the SE# =ere to continue
to o;erate on the #ae *ine#, their interna* re#ource# %eneration durin% the net ten +ear# =i** -e
ne%ati?e, -ein% o the order o R#!(9) ,111crore! Thi# rai#e# #eriou# dou-t# a-out the a-i*it+ o the
State# to contri-ute their #hare to ca;acit+ addition durin% the Ninth P*an and thereater! Thi#
hi%h*i%ht# the i;ortance o initiatin% ;o=er #ector reor# at the ear*ie#t and the need or tari
rationa*i@ation!
Second*+, the initia* re#;on#e o the doe#tic and orei%n in?e#tor# to the ;ri?ate
;artici;ation in ;o=er #ector! There ha?e -een de*a+# re*atin% to ina*i@ation o ;o=er
;urcha#e a%reeent#, %uarantee# and counter9%uarantee#, en?ironenta* c*earance#,
atchin% tran#i##ion net=ork# and *e%a**+ enorcea-*e contract# or ue* #u;;*ie#!
Uncertaintie# a-out ue* #u;;*+ arran%eent# and the diicu*t+ in ne%otiatin% arran%eent#
=ith ;u-*ic #ector ue* #u;;*ier#, =hich concern ;ena*tie# or non9;erorance, i# another
area o ;otentia* diicu*t+! It i# i;ortant to re#o*?e the#e diicu*tie# and e?o*?e arae=ork o ;o*ic+ =hich can en#ure a rea#ona-*e di#tri-ution o ri#k# =hich ake ;o=er
#ector ;ro:ect# inancia**+ attracti?e
lobali!ation of the Sector
Po#t 0440 an+ internationa* ;*a+er# e?inced intere#t in the Indian ;o=er #ector! Oi* and %a# %iant#
e;and into e*ectric ;o=er, rene=a-*e, coa* and ener%+ #er?ice#, -ecoin% u**9#ca*e ener%+
u*tinationa*#! The+ ado;t %*o-a* #trate%ie# and etend their acti?itie# and in?e#tent# into a** ;art# othe =or*d! GOI ;ro?ided #e?era* #o;# to attract the internationa* und# and that ade an+
internationa* ;*a+er# to enter into #oe or o re*ation#hi; =ith the *ar%e Indian co;anie# to ?enture
into the ;o=er #ector!
Players of the Sector
The Indian $on#titution inc*ude# the ;o=er indu#tr+ on the $oncurrent i#t 9 it i# the co-ined
re#;on#i-i*it+ o -oth the centra* and #tate %o?ernent#! The ESA a**o=# the #ettin% u; o three t+;e#
o uti*itie#8
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$tate #lectricity 3oardsThe SE# %enerate#, #u;;*+, and di#tri-ute e*ectricit+ =ithin a #tate! The ESA a*#o ;erit# the to
undertake acti?itie# re*ated to the e*ectrica* e
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Govt. controlled
$ar%et Shares of the major players and &
State #ector8 State E*ectricit+ oard# 8 /!
$entra* Generatin% $o;anie#8 $entra* E*ectricit+ oard 8 32!1
icen#ee#8 Pri?ate Sector 8 03!
The a-o?e data c*ear*+ #ho=# that the ;o=er #ector to a %reat etent i# doinated -+ the %o?ernent
contro**ed #ector# and or%ani@ation#
Nationa* Grid
#ntroduction
Foration o a #tron% Nationa* Po=er Grid ha# -een reco%ni@ed a# a *a%#hi; endea?or to #teer thede?e*o;ent o Po=er S+#te on ;*anned ;ath *eadin% to co#t eecti?e u*i**ent o the o-:ecti?e o
E*ectricit+ to A**B at aorda-*e ;rice#! A #tron% A** India Grid =ou*d ena-*e e;*oitation o une?en*+
di#tri-uted %eneration re#ource# in the countr+ to their o;tiu ;otentia* -+ ;ro?idin% enhanced
ar%in# in inter9re%iona* tran#i##ion #+#te! The#e ar%in#, to%ether =ith o;en acce## in
tran#i##ion, =ou*d aci*itate increa#ed rea* tie tradin% in e*ectricit+ *eadin% to arket deterined
%eneration di#;atche# there-+ re#u*tin% in #u;;*+ at reduced ;rice# to the di#tri-ution uti*itie# and
u*tiate*+ to con#uer# -eneit!
'ormation of (ational rid
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The Ea#tern Re%ion and the North9Ea#tern Re%ion ha?e -een o;eratin% in ;ara**e* #ince 044/ -ein%
connected -+ a //1 k" dou-*e circuit tran#i##ion *ine and ore recent*+ -+ a 211 k" >K$
tran#i##ion *ine! 7e#tern Re%ion =a# interconnected to ER9NER #+#te #+nchronou#*+ throu%h
211k" Rourke*a9Rai;ur >K$ *ine in /113, o;erationa* #in%# the $entra* India #+#te con#i#tin% o ER9
NER97R! 7ith in#ta**ation o T$S$, the tran#i##ion ca;acit+ o Rourke*a9Rai;ur 211k" >K$ *ine
=a# increa#ed to 0211M7!
The Northern re%ion, had a#+nchronou# radia* ode and H">$ -ack9to9-ack inter9re%iona*tran#i##ion connecti?it+ o 511 M7 =ith the Ea#tern re%ion, and 0111 M7 =ith the 7e#tern re%ion,
=a# a*#o #+nchronou#*+ inte%rated =ith the ERKNERK7R #+#te =ith coi##ionin% o the 211k"
Mu@aar;ur9Gorakh;ur *ine on /5th Au%u#t /115! The Mu@aar;ur & Gorakh;ur 211k" >K$ $ -ack9to -ack odu*e at Ga@u=aka, -oth -et=een SR and ER, the tota* inter9re%iona*
ca;acit+ connectin% to SR ha# increa#ed to 2611 M7! A# o no= a** inter9re%iona* tran#i##ion *ink#o the Southern re%ion are either a#+nchronou# radia* ode *ine# or H">$ inter9connection#!
S+nchronou# inte%ration o the Southern re%ion =ith re#t o Indian %rid =ou*d -e ired u; ater
ha?in% e;erience o #+nchronou# o;eration o NRERNER7R #+#te! One ;oint A$
interconnection throu%h Par*i & Raichur 211k? *ink #u;;*eented =ith H">$ *ink# ha# -een ;ro;o#ed
or thi#! The tar%et i# to ir u; thi# #chee in the ir#t +ear o 00th P*an #o that #+nchronou#
interconnection o A** India #+#te cou*d -e rea*i@ed =ithin the 00th P*an ;eriod!
)evelopment of (ational rid
A# on toda+, the inter9re%iona* tran#i##ion ca;acit+ o 00,21 M7 i# ei#tin% and inter9re%iona*
ener%+ echan%e# o ore than 0/ -i**ion k7h in a +ear thu# contri-utin% to %reater uti*i@ation o
%eneration ca;acit+! The ;ro%ra =a# to achie?e inter9re%iona* ca;acit+ o 01 M7 -+ the end o
01th P*an and a-out 3,01 M7 -+ the end o 00th P*an! Additiona* 3111 M7 throu%h creation o
Si*i%uri H">$ terina* on i#h=anath $hari+a*i & A%ra 611k" H">$ -i9;o*e *ine i# a*#o -ein%
con#idered durin% 00th P*an it#e*! Thi# =ou*d increa#e the tar%et o inter9re%iona* ca;acit+ -+ /10090/
ro 301 M7 to 2101 M7!
)istribution of Power Sector
The Po=er Sector, on the -a#i# o unction can -e di#tri-uted into 3 head#, i!e!
Generation, &ransmission ; )istribution
eneration
1)
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Elec tr ici ty has been generated or the !ur!ose o !owering human technologies or at
least "#$ years rom %arious sources o energy. he irst !ower !lant was run on wood'
while today we rely mainly on coal' nuclear' natural gas' hydroelectric' and !etroleum
!ower and a small amount rom solar energy' wind generators and geothermal sources.
Transmission
E*ectric ;o=er tran#i##ion, a ;roce## in the de*i?er+ o e*ectricit+ to con#uer#, i# the -u*k tran#er o
e*ectrica* ;o=er! T+;ica**+, ;o=er tran#i##ion i# -et=een the ;o=er ;*ant and a #u-#tation near a
;o;u*ated area! >ue to the *ar%e aount o ;o=er in?o*?ed, tran#i##ion nora**+ take# ;*ace at hi%h
?o*ta%e (001 k" or a-o?e)! E*ectricit+ i# u#ua**+ tran#itted o?er *on% di#tance throu%h o?erhead
;o=er tran#i##ion *ine#! Under%round ;o=er tran#i##ion i# u#ed on*+ in den#e*+ ;o;u*ated area#
due to it# hi%h co#t o in#ta**ation and aintenance, and -ecau#e the hi%h reacti?e ;o=er %ain ;roduce#
*ar%e char%in% current# and diicu*tie# in ?o*ta%e ana%eent!
)istribution
E*ectricit+ di#tri-ution i# the ;enu*tiate #ta%e in the de*i?er+ (-eore retai*) o e*ectricit+ to end u#er#!
It i# %enera**+ con#idered to inc*ude ediu9?o*ta%e (*e## than 001 k") ;o=er *ine#, e*ectrica*
#u-#tation# and ;o*e9ounted tran#orer#, *o=9?o*ta%e (*e## than 0111 ") di#tri-ution =irin% and
#oetie# e*ectricit+ eter#!
R#$#ARC% #&%')'L'G*ustification of the Study:
Incoe i# the ke+ or an+ Or%ani@ation! Incoe a# =e %enera**+ reer ean# the Re?enue %enerated -+
the or%ani@ation! In-u#ine##, re?enue i# incoethat a co;an+recei?e# ro it# nora* -u#ine##acti?itie#, u#ua**+ ro the #a*e o %ood# and #er?ice#to cu#toer#! In an+ ca#e# re?enue i# reerred
to a# turno?er!
For a co;an+ *ike Po=er Grid $or;oration o India iited, Re?enue Generation ha# ne?er -een a
;ro-*e! 7ith it# e;erti#e in the ie*d o Ener%+ Tran#i##ion, it ;ractica**+ ha# no co;etitor in
India! ut o?er the +ear#, the co;an+ ha# *ooked at o;;ortunitie# and di?er#iied into other or# o
O;eration# that ha?e he*;ed the co;an+ to increa#e it# Incoe ro O;eration#! The co;an+ ha#
o?ed into #er?ice# *ike Te*eco and $on#u*tanc+ o?er the +ear#, and u#ed it# e;erti#e in
tran#i##ion to %enerated re?enue out o the ne= #er?ice#!
1!
http://en.wikipedia.org/wiki/Businesshttp://en.wikipedia.org/wiki/Incomehttp://en.wikipedia.org/wiki/Incomehttp://en.wikipedia.org/wiki/Corporationhttp://en.wikipedia.org/wiki/Product_(business)http://en.wikipedia.org/wiki/Incomehttp://en.wikipedia.org/wiki/Corporationhttp://en.wikipedia.org/wiki/Product_(business)http://en.wikipedia.org/wiki/Business -
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The co;an+ ha# di?er#iied into $on#u*tanc+ #er?ice o?er a decade no=! Mo?in% into the
con#u*tanc+ #er?ice =a# ain*+ a deci#ion -acked -+ it# e;erti#e in the tran#i##ion #er?ice o?er the
+ear#! The co;an+ i# a*#o #ucce##u**+ de*i?erin% ?a*ue to it# c*ient# in the con#u*tanc+ -u#ine## and
a*#o %eneratin% %ood re?enue out o it! ut ana*+@in% the re?enue %eneration out o thi# ne=
di?er#iication #ha** -e a %ood ta#k!
Re?enue i# a crucia* ;art o the inancia* #tateent ana*+#i#! A co;an+B# ;erorance i# ea#ured tothe etent to =hich it# a##et in*o=# (re?enue) co;are =ith it# a##et out*o=# (e;en#e#)! Net Incoe
i# the re#u*t o thi# e
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=a# to #tud+ a-out $on#u*tanc+ Ser?ice# and it# ?ariou# t+;e#! Thi# =a# done -+ #tud+in% ?ariou#
>rat Re;ort# and Tender Re;ort# that =ere #u-itted -+ the co;an+ or dierent t+;e# o
$on#u*tanc+ Ser?ice =ith ?ariou# $ountrie# and State#! Thi# he*;ed to kno=, the dierent t+;e# o
$on#u*tanc+ Ser?ice# the co;an+ ;ro?ide# and the entire ;roce## o %ra--in% a tender! In the third
;ha#e, the >e#cri;ti?e Re#earch Method =a# u#ed to co**ect data and under#tand the =orkin% and
;erorance o the co;an+! The data or the ;ro:ect =a# co**ected ro ?ariou# Annua* Re;ort# o
the co;an+, Audit Re;ort# o ?ariou# +ear#, uarter*+ Perorance Re;ort# ;re;ared -+ de;artent
o Finance! Thi# he*;ed u# co**ect data or the ;ro:ect ana*+#i#!
The Source# o Inoration Inc*ude89
6 "ariou# $on#u*tanc+ >rat Re;ort#
6 Audit Re;ort# o dierent ear#
6 Annua* Re;ort# o "ariou# ear#
Scope of the Study:
The #co;e o Stud+ on the to;ic o the ;ro:ect CAna*+#i# o $on#u*tanc+ Ser?ice and Re?enueD i# ?er+
-road! Re?enue in it#e* i# a ?er+ hu%e and -road to;ic, =hich can -e ana*+@ed in ?ariou# =a+# and
throu%h ?ariou# ethod#! It# ana*+#i# and Inter;retation cannot -e conined to a #in%*e ethodK =a+!
On the other hand, $on#u*tanc+ Ser?ice i# -ein% ;ro?ided -+ the co;an+ to ?ariou# c*ient#! There are
dierent t+;e# o $on#u*tanc+ Ser?ice that are ;ro?ided -+ the co;an+ to it# c*ient#!
Stud+in% and to Ana*+@e the #ae i# a ta#k that i# ?er+ =ide and tie con#uin%! The #tud+ can -e
done thou%h ?ariou# #ource# and the #ource# are *ar%e in nu-er! The ana*+#i# o the data can a*#o -e
done =ith the he*; o ?ariou# too*# and dierent ethod#! Thu# it can -e #aid that the #co;e o #tud+ o
the to;ic i#
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i;o##i-*e to ind a co;etitor o the co;an+, =ho#e inancia* data can he*; u# ake a
co;ari#on -et=een the t=o co;an+ ;erorance# and -etter ana*+@e the #ae!
a#t*+, -ein% in the *earnin% ;ha#e, it cannot -e i%nored that there a+ -e ;er#;ecti?e#
=hich a+ ha?e -een i##ed -+ e, =hi*e #tud+in% the to;ic and =orkin% on the ;ro:ect!
In#;ite o a** the#e *iitation#, the -e#t eort# ha?e -een ;ut in, #o that the data can -e co**ectedaccurate*+ and the -e#t ;o##i-*e ana*+#i# can -e done!
C'PA" PR'=IL#
+n ,verview:-
Incor;orated in 0464 or tran#ittin% -u*k ;o=er acro## the countr+
$entra* Tran#i##ion Uti*it+ in India & Na?ratna PSU
7or*dB# *eadin% Tran#i##ion Uti*it+
o EH"9A$ and H>"$ Tran#i##ion *ine#9 6/,336 $M
o EH"9A$ and H>"$ #u-#tation#9 03No#
A *i#ted co;an+ in India =ith 54!2/ #hare# o=ned -+ the Go?ernent o India and re#t -+
Pu-*ic!
2&
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$arrie# 211 i**ion Unit# o Po=er (0 o IndiaB# ;o=er %eneration & ;re#ent*+ around 611
i**ion Unit#) a# on 30#tMa+ /10/!
$on#i#tent*+ aintained tran#i##ion Net=ork a?ai*a-i*it+ o o?er 44
A-out 0,611 k# ok (K9) 611k" H">$ #+#te under i;*eentation
0/11 k" UH" A$ #+#te under de?e*o;ent!
Sart Grid9 7ide Area Monitorin%, Ada;ti?e I#*andin%, "o*ta%e Securit+ A##e##ent,
>+naic Securit+ A##e##ent under ;*annin%!
GPSKGIS(G*o-a* Po#itionin%KInoration S+#te) -a#ed #ur?e+ technii#tance (N>) o;erator ' Internet Ser?ice Pro?ider =ith a-out
/111 O;tica* Fi-re Net=ork
>i?idend ;a+in% co;an+ #ince 0443942
$on#i#tent*+ rated CEce**entD -+ Go?ernent o India
>oinant eader#hi; in Eer%in% Po=er Market
Ei#tin% u#ine## o Tran#i##ion, Grid Mana%eent, $on#u*tanc+, Te*eco
.ompany &istory and #ncorporation:
Po=er Grid $or;oration o India *iited (PO7ERGRI>) =a# incor;orated on Octo-er /3, 0464
=ith an authori@ed #hare ca;ita* o /7,777$rore a# a Pu-*ic iited $o;an+, =ho**+ o=ned
-+ the Go?ernent o India! In 0461 the Ra:adh+ak#ha $oittee on Po=er Sector Reor#
#u-itted it# re;ort to the GoI #u%%e#tin% eten#i?e reor# in the Indian ;o=er #ector! a#ed on
the recoendation# o the Ra:adh+ak#ha $oittee, in 0460 the GoI took the ;o*ic+ deci#ion to
or a nationa* ;o=er %rid =hich =ou*d ;a?e the =a+ or the inte%rated o;eration o the centra*
and re%iona* tran#i##ion #+#te#!
Pur#uant to thi# deci#ion, to or a nationa* ;o=er %rid, the co;an+ =a# incor;orated in 0464
under the $o;anie# Act, 045 a# CNationa* Po=er Tran#i##ion $or;oration iited! The nae
o the co;an+ =a# chan%ed to it# ;re#ent nae CPo=er Grid $or;oration o India iitedD on
Octo-er /3, 044/ ater a re#h certiicate o incor;oration -ein% i##ued! Thi# =a# done -ecau#e the
a--re?iated or o the co;an+ nae re#e-*ed to that o NTP$ *iited!
PO7ERGRI> #tarted unctionin% on ana%eent -a#i# =ith eect ro Au%u#t, 0440 and it took
o?er tran#i##ion a##et# ro NTP$, NHP$, NEEP$O and other $entra*KJoint Sector
Or%ani@ation# durin% 044/943 in a ;ha#ed anner! In addition to thi#, it a*#o took o?er theo;eration o ei#tin% Re%iona* oad >i#;atch $enter# ro $EA, in a ;ha#ed anner, =hich ha#
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-een u;%raded =ith State o9the9art Uniied oad >i#;atch and $ounication (U>$) #chee#!
Accordin% to it# andate, the $or;oration, a;art ro ;ro?idin% tran#i##ion #+#te or
e?acuation o centra* #ector ;o=er, i# a*#o re#;on#i-*e or E#ta-*i#hent and O;eration o Re%iona*
and Nationa* Po=er Grid# to aci*itate tran#er o ;o=er =ithin and acro## the Re%ion# =ith
Re*ia-i*it+, Securit+ and Econo+ on #ound coercia* ;rinci;*e#! a#ed on it# ;erorance
PO7ERGRI> =a# reco%ni@ed a# a Mini9ratna cate%or+9I Pu-*ic Sector Undertakin% in Octo-er
0446 and conerred the #tatu# o B"avratnaB-+ the Go?ernent o India in Ma+ /116!
PO7ERGRI>, a# the $entra* Tran#i##ion Uti*it+ o the countr+, i# ;*a+in% a a:or ro*e in Indian
Po=er Sector and i# a*#o ;ro?idin% O;en Acce## on it# inter9State tran#i##ion #+#te!
P,/E#) 1 the .ompany:
PO7ERGRI> i# a CNa?ratnaD $o;an+ or ore than our +ear# no=! The Na?ratna #tatu#
;ro?ide# the or%ani@ation =ith ;o=er# to undertake ne= tran#i##ion ;ro:ect# o an+ aount
=ithout Go?ernent a;;ro?a*!
PO7ERGRI> i# a*#o entru#ted =ith ro*e o $entra* Tran#i##ion Uti*it+ ($TU) -+ Go?ernent o
India! In thi# ro*e, the co;an+ o;erate# a# one o the chie a%encie# re#;on#i-*e or the ;*annin%
and de?e*o;ent o the countr+B# nation=ide ;o=er tran#i##ion net=ork, inc*udin% inter#tate
net=ork#! A# $TU, the co;an+ i# rei#char%e a** unction# o ;*annin% and co9ordination re*atin% to inter9#tate tran#i##ion
#+#te, =ith certain #;eciied authoritie# and #takeho*der#
(c) en#ure de?e*o;ent o an eicient, coordinated and econoica* #+#te o inter9#tate
tran#i##ion *ine# or #ooth *o= o e*ectricit+ ro %eneratin% #tation# to *oad centre#
and
(d) ;ro?ide non di#criinator+ o;en acce## to it# tran#i##ion #+#te or u#e -+ an+ *icen#ee
or %eneratin% co;an+ on ;a+ent o tran#i##ion char%e# and to an+ con#uer on
;a+ent o tran#i##ion char%e# and a #urchar%e thereon in accordance =ith the E*ectricit+
Act!
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"i#ion and Mi##ion o the $o;an+8
ision
7or*d $*a##, Inte%rated, G*o-a* Tran#i##ion $o;an+ =ith >oinant
eader#hi; in eer%in% Po=er Market#, en#urin% Re*ia-i*it+, Saet+ and
Econo+!
$ission
To -ecoe a G*o-a* Tran#i##ion $o;an+ =ith >oinant eader#hi; in Eer%in%
Po=er Market# =ith 7or*d c*a## ca;a-i*itie# -+8
7or*d $*a##9 Settin% #u;erior #tandard# in ca;ita* ;ro:ect ana%eent and
o;eration# or the indu#tr+ and our#e*?e#!
G*o-a*9 e?era%in% ca;a-i*itie# to con#i#tent*+ %enerate aiu ?a*ue or a**
#take ho*der# in India and in eer%in% and %ro=in% econoie#!
In#;irin%, Nurturin% and e;o=erin% the net %eneration o ;roe##iona*#!
Achie?in% continuou# i;ro?eent# throu%h inno?ation and #tate o the art
techno*o%+!
$oittin% to hi%he#t #tandard# in hea*th, #aet+, #ecurit+ and en?ironent!
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O-:ecti?e# o the $o;an+8
The $or;oration ha# #et o**o=in% o-:ecti?e# in *ine =ith it# i##ion and it# #tatu# a# Q$entra*
Tran#i##ion Uti*it+Q to8
Undertake tran#i##ion o ener%+ throu%h Inter9State Tran#i##ion S+#te!
>i#char%e a** unction# o ;*annin% and coordination re*atin% to Inter9State Tran#i##ion
S+#te =ith9
o State Tran#i##ion Uti*itie#
o $entra* Go?ernent
o State Go?ernent
o Generatin% $o;anie#
o Re%iona* E*ectricit+ oard#
o Authorit+
o icen#ee#
o Tran#i##ion icen#ee#
o An+ other ;er#on notiied -+ the $entra* Go?ernent on thi# -eha*!
Eerci#e #u;er?i#ion and contro* o?er the inter#tate tran#i##ion #+#te
Eicient O;eration and Maintenance o Tran#i##ion S+#te#!
E#ta-*i#hKau%ent and o;erate a** Re%iona* oad >i#;atch $enter# and $ounication
aci*itie#!
To aci*itate ;ri?ate #ector ;artici;ation on Tran#i##ion #+#te throu%h Inde;endent Pri?ate
Tran#i##ion $o;an+, Joint "enture#!
To a##i#t ?ariou# SE# and other uti*itie# in u; %radation o #ki**# ' #harin% o e;erti#e -+
or%ani@in% re%u*ar conerence#, tai*or9ade trainin% =ork#ho;# directed to=ard# #;eciic
techno*o%ica* and O'M area# and etendin% *a-orator+ aci*itie# or te#tin% ;ur;o#e# etc!
Re#torin% ;o=er in
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$ilestones +chieved
July >7/7@ A;;ro?a* to the Fo**o=9on Pu-*ic Oer o PO7ERGRI>
arch >7/7@$ertiicate or $oenceent o u#ine## i##ued to Po=er S+#te O;eration
$or;oration iited!
arch >770@PO7ERGRI># =ho**+ o=ned #u-#idiar+, Po=er S+#te O;eration $or;oration
iited, =a# incor;orated!
ay >772 @PO7ERGRI> =a# notiied a# a Na?ratna $o;an+!
'ctober >77@PO7ERGRI># i#tin% o E =a# notiied a# the $entra* Tran#i##ion Uti*it+ -+ the Go?ernento India! PO7ERGRI> continue# to -e the $TU under the E*ectricit+ Act, /113 a# ;er the notiication
i##ued -+ the GoI on No?e-er /, /113!
'ctober /002 @PO7ERGRI> =a# notiied a# a Mini Ratna ( $ate%or+ I) $o;an+ -+ the
Go?ernent o India!
/00D4/001@ $ontro* o the i?ere9ional dispatch and communication centre was transferred to
P'(#RGRI) in a phased manner! P'(#RGRI) undertoo+ the unified load dispatch and
communication pro =ith the re#;on#i-i*it+ o contro**in% the
ei#tin% *oad de#;atch centre# in the countr+ =ith a ?ie= to achie?e -etter %rid ana%eent and
o;eration!
Au9ust /00?@The tran#i##ion a##et# o Tehri H+dro >e?e*o;ent $or;oration iited are
tran#erred to PO7ERGRI>!
January /00?@The Nationa* Thera* Po=er $or;oration iited, the Nationa* H+dro E*ectric Po=er
$or;oration iited and the North9Ea#tern E*ectric Po=er $or;oration iited (Ac
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April /00/@The tran#i##ion a##et# o Nuc*ear Po=er $or;oration iited =ere tran#erred to
PO7ERGRI>!
P,/E#)s Performance
$>uity
.)3?
5eserves
22.+4?
'rants
&.1!?
oreign urrency
Loan
1#.!?
Loan from ;anks and
inancial *nstitutions1.#3?
0omestic ;onds
42.4?
"hort 7erm Loans
2.&1?
0eferred
7a@ =
other
urrent
Liabilities
).31?
Sources of "unds #$% &'(')((
2)
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i@ed %ssets A/et
;lockB
!.+!?
apital ork *n
Progress
1#.+4?
onstruction "tores =
%dvances
2&.!#?
*nvestments
2.?
/et
urrent
%ssets
&.#&?
Application of "unds #$% &'(')((
2&&!6 2&&+ 2&&+61& 2&1&611 2&11612
42&+ 42&+ 42&+ 4)3& 4)3&
+2+11&4&+
11!3&
1)!3
1###
*+uity , Reserves
$>uity 5eserves
2!
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2&&!6 2&&+ 2&&+61& 2&1&611 2&11612
)2 )))# ) )+
3# 3432 3 31
-e!t *+uity Ratio #$%
0ebt $>uity
=ields of 'perationE $ervices offered by
P'(#RGRI)
2#
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#stablishment of &ransmission $ystem@
Our core -u#ine## i# the tran#i##ion o e*ectric ;o=er! A# on 0#t A;ri*0/, =e o=n and o;erate ore
than 4/,425 $kt! k# net=ork o tran#i##ion *ine#, 0,/2,/ M"A tran#oration ca;acit+ and 01
no#! #u-#tation# that con#titute# o#t o IndiaB# inter#tate and inter9re%iona* e*ectric ;o=er
tran#i##ion #+#te and carrie# e*ectric ;o=er acro## India!
A# on A;ri*B 0#t, /10/, =e ha?e 61 tran#i##ion ;ro:ect# in ?ariou# #ta%e# o i;*eentation =hich
inc*ude // no#! Generation *inked Pro:ect# =ith co#t o a;;ro! R#! 0,641 $rore#, 33 no#! #+#te
#tren%thenin% Pro:ect# =ith co#t o a;;ro! R#! //3// $rore# ' / no#! Pro:ect# or IPP#K TOA =ith
co#t o a;;ro! R#! 23,012 $rore#! The#e ;ro:ect# in?o*?e a;;roiate*+ 0,/3 circuit ki*oeter# o
tran#i##ion *ine# and 62 #u-#tation# =ith a tota* ;o=er tran#oration ca;acit+ o a;;roiate*+
043 M"A and 01/1 M7 o H">$! The -ud%eted co#t o the#e ;ro:ect# i# R#! 00305 $rore#!
PO7ERGRI> ha# undertaken de?e*o;ent o 00 no#! Hi%h $a;acit+ Tran#i##ion $orridor# to
aci*itate ;o=er tran#er ro ?ariou# u;coin% IPP %eneration ;ro:ect#! Mo#t o the#e %eneration
;ro:ect# are en?i#a%ed in the State o Ori##a, $hhattia%rh, Jharkhand, Madh+a Prade#h, Sikki,
Andhra Prade#h, Tai* Nadu etc! The tran#i##ion corridor# ain*+ co;ri#e o hi%h ca;acit+ 5k"
dou-*e circuit *ine, 611k" H">$ #+#te, 5K211k" Poo*in% Station# at dierent *ocation#! In
addition, PO7ERGRI>B# =ork# a*#o in?o*?e de?e*o;ent o tran#i##ion #+#te o 5 UMPP# each
o 2111M7 ca;acit+ a# =e** a# other centra* #ector %eneration ;ro:ect# and %rid #tren%thenin%
#chee#! The tran#i##ion #chee ain*+ in?o*?e# e#ta-*i#hent o 5k" A$ and 611k" H">$
#+#te! It i# en?i#a%ed to de?e*o; a-out 1,111 circuit k EH" tran#i##ion *ine# at 211k" and a-o?e
*e?e* and a-out 51 no#! EH" #u-#tation# =ith a-out 001,111 M"A tran#oration ca;acit+ in net 59
+ear#!
2+
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Grid ana9ement@For o?era** i;ro?eent and -etter %rid ana%eent in the countr+, PO7ERGRI> ha# oderni@ed
a** the Re%iona* oad >i#;atch $entre# (R>$S) =ith the #tate9o9the9art Uniied oad >e#;atch '
$ounication (U>$) #chee# at a co#t o a-out R#! /,111 $rore! The#e oderni@ed R>$# are
%reat*+ contri-utin% to -rin% $# cou;*ed =ith trainin% ' de;*o+ent o e;ert
an;o=er and round the c*ock ?i%i* or %rid ana%eent, no a:or %rid di#tur-ance# in the countr+
ha?e -een encountered or the *a#t 5 +ear#! Further, tri;;in% o *ine# and inor %rid di#tur-ance# in
re%iona* %rid# ha?e coe do=n #o #i%niicant*+ that it can -e reckoned a# a -enchark achie?eent!
For o?era** co9ordination, Nationa* oad >e#;atch $entre (N>$) at >e*hi, =ith -ack u; at o*kata,
ha# -een #ucce##u**+ coi##ioned on / Fe-ruar+ /114 and runnin% #ati#actori*+! Since the Grid
Mana%eent Re#;on#i-i*it+ i# #hited to PO7ERGRI>B# =ho**+ o=ned #u-#idiar+ MK# POSO$O, the
R>$ and N>$ are -ein% ana%ed -+ POSO$O!
PO7ERGRI> ha# #;earheaded the i;*eentation o A?ai*a-i*it+ a#ed Tari (AT) acro## the
countr+, =hich ha# a -ui*t9in coercia* echani# to re=ard ;ro;er %rid -eha?ior! Thi# ha#
#i%niicant*+ #ta-i*i@ed ?ita* %rid ;araeter#, i!e! ?o*ta%e and re
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7ith the ?i#ion to -rid%e the di%ita* di?ide in the countr+ and en#ure that -eneit# on inoration
re?o*ution reach the entire *en%th and -readth o the countr+, PO7ERGRI> ha# di?er#iied into
Te*eco uti*i@in% ri%ht o =a+ on it# Etra Hi%h "o*ta%e Po=er Tran#i##ion Net=ork inra#tructure
in the countr+ =ith it# -rand nae a# PO7ERTE!
Aon% the Te*eco ;*a+er# PO7ERGRI> i# the on*+ uti*it+ in the countr+ ha?in% o?erhead o;tic
i-er net=ork u#in% OPG7 (O;tica* Ground 7ire) on ;o=er tran#i##ion *ine#! PO7ERGRI> ha# an
a** India road and Te*eco Net=ork o a-out /1,33 k# =ith u*ti;*e #e* re#i*ient rin%# or
-ack-one a# =e** a# intra cit+ acce## networ+s connectin9 nore than />0 cities across the country
and ensurin9 a reliability of more than 00!08!
PO7ERGRI> ha# o**o=in% Te*eco icen#e#8
Inra#tructure Pro?ider $ate%or+ 9 I (IP9I *icen#e)
N> icen#e or ;ro?idin% end9to9end -and=idth
ISP cate%or+ AB *icen#e to ;ro?ide internet #er?ice# in the countr+
$ervices Provided on P'(#RGRI)Fs networ+ @4
The Net=ork i# ca;a-*e o ana%in% 3/ channe* >7>M #+#te, connectin% a** the etro# and reote
*ocation# in North Ea#t and Jau ' a#hir! The -a*ance net=ork de;*o+# S>H (STM 05KSTM 2)
#+#te#! The o**o=in% #er?ice# are a?ai*a-*e on PO7ERGRI>B# net=ork8
E0KE3K>S3KSTM0KSTM2KSTM05 ea#ed ine
Ethernet Pri?ate ea#ed ine
Mu*ti9#ite AN Interconnect ;*u# Internet Acce##
Internet -and=idth
6ni:ue =eatures of P'(#RGRI) &elecom "etwor+@
Mo#t o the PO7ERGRI>B# o;tic i-er -ack-one net=ork i# *aid o?erhead on the etra hi%h ?o*ta%e
Po=er tran#i##ion *ine# !The Te*eco net=ork on the Tran#i##ion *ine# ha# ;ro?ed to -e #turd+ and
#ecure, rodent enace ree, ?anda*i# ;roo =hich oer# it di#tinct ad?anta%e o?er the under%round
o;tic i-er! The other ad?anta%e# are8
In#tant -and=idth a**ocation on PO7ERGRI>B# Te*eco route
End to end connecti?it+
In#tant u; %radation to hi%her ca;acit+
etter Ser?ice e?e*
Ser?ice# caterin% to the #;eciic need# o the cu#toer#
Hi%h re*ia-i*it+, hi%h e;artent i# created =ith the o-:ecti?e to #;read PO7ERGRI>B# en%ineerin%#er?ice# in Po=er Tran#i##ion u#ine## acro## the =or*d! The o-:ecti?e i# #trate%ic to
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PO7REGRI>B# %ro=th ;*an# to de9ri#k doe#tic o;eration# -+ =a+ o di?er#iied %eo%ra;hic
;re#ence, to %ear u; or net co;etiti?e ;ha#e and to *earn internationa* -e#t ;ractice#!
PO7ERGRI>, the 3rd *ar%e#t tran#i##ion uti*it+ in the =or*d, i# continuou#*+ #ettin% -e#t ;o=er
tran#i##ion ;ractice# that are =e** ackno=*ed%ed -+ u*ti *atera* undin% a%encie# *ike The 7or*d
ank, A>, JI$ etc =ho ha?e etended u*ti-i**ion *oan# to PO7ERGRI> in e#ta-*i#hin%
tran#i##ion net=ork in India!
PO7ERGRI> ha# -een #o ar a##i%ned ore than 311 no#! o con#u*tanc+ a##i%nent# -+ nationa*
and internationa* c*ient# in $on#truction o Tran#i##ion ine# and Su-#tation#, oad >i#;atch $entre,
>i#tri-ution and Rura* E*ectriication! PO7ERGRI> ha# taken u; ore than 31 internationa*
a##i%nent# in countrie# *ike A%hani#tan, an%*ade#h, hutan, >u-ai, Ne;a*, Ni%eria and Sri*anka!
The -i%%e#t ad?anta%e o PO7ERGRI> i# that un*ike an+ o the reno=ned con#u*tant#,
PO7ERGRI> it#e* i# one o the *ar%e#t ;racticin% tran#i##ion uti*it+ =ith e;erience in
En%ineerin%, >e#i%n, Procureent, $on#truction, Pro:ect Mana%eent, $on#truction Su;er?i#ion, U;
%radation o Tran#i##ion S+#te, O;eration and Maintenance o tran#i##ion #+#te!
PO7ERGRI> ha# a hi%h*+ e;erienced and #ki**ed ta*ent ;oo* o o?er 431 u** tie e;*o+ee#
=hich i# it# -i%%e#t #tren%th in #ucce##u**+ i;*eentin% doe#tic and internationa* ;ro:ect#! "er+e= con#u*tant# in the =or*d ha?e thi# kind o trained an;o=er that PO7ERGRI> ha# toda+!
PO7ERGRI> ha# rich and ?aried ;o=er tran#i##ion e;erience =hich it can re;*icate in %*o-a*
;ro:ect# and #er?ice c*ient# to aiu #ati#action!
Consultancy ; Joint*enture
PO7ERGRI> ha# -een ;ro?idin% con#u*tanc+ #er?ice# #ince ear*+ da+# o it# ince;tion in 044/943!
It ha# a c*ient -a#e o ore than 0/ no#! in ;o=er #ector! ui*din% u;on ?a#t in9hou#e e;erience o
eecutin% and aintainin% o?er 43111 circuit k# o tran#i##ion *ine# and 01 EH" #u-#tation#,
PO7ERGRI> ;ro?ide# the one #to; con#u*tanc+ #er?ice# to uti*itie# co?erin% entire %aut o #er?ice#
;ertainin% to Tran#i##ion S+#te!
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A3AL8SIS OCO3S/LTA3C8 SERVICE
inancia! 8ear 9::;>9
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Areas of Consultancy $ervices offered by P'(#RGRI)@
P*annin%
>e#i%n
Tran#i##ion ine#
Su-9#tation#
Po=er >i#tri-ution
Te*eco
$ontract# Ser?ice#
Pro:ect Mana%eent
In#;ection
Huan Re#ource#
O;eration and Maintenance
Re;air and Maintenance
The co;an+ oer# con#u*tanc+ :o-# o ?aried nature! The con#u*tanc+ oered inc*ude En%ineerin%
con#u*tanc+ #uch a# ;ro?idin% to=er and oundation dra=in% and de#i%n, S+#te #tudie# or
e?acuation ;ro:ect# *inked =ith %eneration, Pre;aration o Fea#i-i*it+ Re;ort#, $ontract and
Procureent Ser?ice#, Pro:ect Mana%eent Ser?ice#! Other con#u*tanc+ oered inc*ude Turnke+
eecution o ne= tran#i##ion *ine#, #u-#tation# and -a+ eten#ion# on co#t ;*u# -a#i#, O;eration# and
Maintenance o tran#i##ion *ine# and #u-#tation#, S;ecia*i#ed te#tin% o e can -e di?ided into t=o ;art#8
0! >oe#tic $on#u*tanc+ Jo-#
/! Internationa* $on#u*tanc+ Jo-#
>oe#tic $on#u*tanc+ Jo-# are the a##i%nent# that are ;rocured and eecuted at the doe#tic *e?e*!
Mo#t o the c*ient# are ain*+ the State Uti*itie#, The c*ient -a#e a*#o inc*ude# re;uted Pri?ate Uti*itie#!
The Internationa* $on#u*tanc+ Jo-# inc*ude the $on#u*tanc+ A##i%nent# in ?ariou# countrie# (Ece;t
India)!
Past Consultancy Assi9nments@4
$!"o! Client )escription Pro
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-Rs! In
Crores.
ear
/ 7P>$ 211" #u-#tation# ' it#tran#i##ion
*ine# a##ociated =ith akre#h=ar
TPP
/10 044945
> 7SE Eecution o tran#i##ion *ine# / 044946
? UPP$ Eecution o 211" >K$ "i#hnu
Pra+a%9 Mu@aar;ur tran#i##ion
ine
30/ /11/913
1 7P>$ Eecution o 211" tran#i##ion
#+#te a##ociate =ith Sa%ardi%hi
TPP
01 /11915
Present #n9ineerin9 $ervices@
PST$8 211 k" tran#i##ion #+#te# a##ociated =ith Ra:;ura TPP
Torrent8 211 k" >K$ >GEN (>ahe:) 9 Na?#ari tran#i##ion *ine
$ES$8 211k" >K$ Ha*dia & Su-ha#%ra tran#i##ion *ine
I'FS8 211k" >K$ $udda*ore & Na%a;attina tran#i##ion *ine
Jai;raka#h8 211k" >K$ Ni%rie 9 Satna tran#i##ion *ine
Tee#ta?a**e+8 211k" tran#i##ion *ine# a##ociated =ith Tee#t9III HEP
Present Consultancy Jobs@
$!"o! Client )escription Pro
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MeE$ 211" #u-#tation at +rnihat and IO o
211" >K$ Si*char & on%ia%aon *ine
000
5 NHPT E#ta-*i#hent o On9ine Hi%h Po=er
Short $ircuit Te#t Faci*it+ at ina
Su-#tation
/2
JSE I;*eentation o tran#i##ion #+#te at
?ariou# ?o*ta%e *e?e*# (339211")
0301
$peciali5ed Consultancy Jobs@ >e#i%n o R$ To=er# in Hoo%h*+ Ri?er $ro##in% Section o 211k" >K$ Ha*dia
Su-ha#%ar tran#i##ion *ine or MK# $ES$ td!, =hich =i** -e one o the hi%he#t to=er# in
the =or*d!
Sart Grid (Pi*ot Pro:ect#) or ?ariou# #tate o=ned ;o=er di#tri-ution co;anie# *ike
$SP>$, UH"N, etc
E#ta-*i#hent K u;9%radation o S>$KU>$ or APTRANS$O, OPT$, PT$U, Jharkhand,
Puducherr+ etc
ender# En%ineer Ser?ice# to RE$ or con#truction o E##ar Po=erB# tran#i##ion #+#te
a##ociated =ith Mahan TPS!
>e#i%nin% o / no#! 7e** Foundation# or MK# NET$ in co**a-oration =ith IIT, >e*hi and
Gaon India td! on raha;utra Ri?er ha?in% de;th o 51M and diaeter o 02M! One=e** oundation ;ro?ided =ith Rock Anchorin% due to #*o;in% -ed rock ;rior to 51M, =hich i#
rare -+ nature!
Consultancy assi9nments in Pipeline@
Pro
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Process of 'btainin9 a Consultancy
Assi9nmentThe $*ient $o;an+K StateK $ountr+ oten ;u-*i#h ad?erti#eent# in?itin% -id# or the tender a%ain#t
con#u*tanc+ a##i%nent that need# to -e catered -+ the con#u*tant! The co;an+ need to -id to o-tain
the#e t+;e# o a##i%nent#! There are a*#o in#tance# =here the c*ient co;an+ #e*ect# con#u*tant# on
their o=n and then #end# then a *etter to in?ite a ;ro;o#a* ro their end!
In -oth the#e ca#e# the noticeK *etter the c*ient co;an+ #end# a Ree#cri;tion 9 The A##i%nent that i# to -e co;*eted or undertaken -+ the con#u*tant i
he i# a**otted the ta#k!
Man;o=er Re
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A;;roach and Methodo*o%+ & The rae=ork that deine# ho= a con#u*tant #hou*d %o a-out
the a##i%nent! It #;eciie# the a;;roach ethod and re
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00! $onidentia*it+
In re;*+ to the Re
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The reak do=n o Reuneration inc*ude# 8
a! Sa*ar+
-! Socia* $o#t#
c! O?erhead#
d! Fee or ;roit
e! A=a+ ro head! The+ #tud+ the a##i%nent and ana*+@e ho= to %o
a-out the a##i%nent! At the #ae tie the+ a*#o ana*+@e the an;o=er re add# the ;ercenta%e o ;roit to it and arri?e# at the ina* -iddin% rate!
The ee char%ed or Proe##iona*# i# R#! 33111!11 (in ca#e o internationa* a##i%nent#) and R#!
04011!11 (other#) and the ;roit ;ercenta%e! Ater a** the#e ca*cu*ation# ha?e -een done and the
;ro;o#a*# ;re;ared, it i# re?ie=ed, a;;ro?ed and then #u-itted at the c*ientB# oice!
Ater e?a*uation, the c*ient co;an+ #e*ect# the $on#u*tant and then enter# into an a%reeent =ith
hi! The a%reeent #;eciie# the a##i%nent to -e co;*eted, the ter# and condition# and the rae
=ork =ithin =hich the con#u*tant ha# to o;erate and co;*ete the a##i%ned ta#k! The#e are the
%uide*ine# that ha?e to -e ke;t in ind =hi*e takin% u; the a##i%nent!
The A%reeent %enera**+ contain# the **o=in%89
0! Mana%eent $ontract
/! Genera* $ondition# o $ontract
3! >einition#
a! Inter;retation# 9 eanin% o a--re?iation# u#ed
-! Priorit+ o docuent# & the docuent# that need to -e #u-itted re%u*ar*+ -+ the
con#u*tant, throu%hout the ;eriod o contract
c! >uration o contract & the tie unti* the contract i# ?a*id!
2! Genera* condition# & deine# the %enera* dutie# o the contractor
! O;eratin% Po*ice# & the ;o*icie# =ith re%ard# to o;eration o the contractor
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5! Ec*uded Acti?itie# & the acti?itie# that are not to -e ;eroredK undertaken -+ the contractor
! Genera* dutie# o the co;an+
6! Per#onne* & the ana%eent #ta rei#;ute#
//! Mi#ce**aneou#
/3! $on*ict o intere#t#
/2! S;ecia* $ondition#
J'I"& *#"&6R#
PO7ERGRI> a# a con#u*tant a*#o take# u; a##i%nent =herein it ;ro?ide# con#u*tanc+ to the c*ient
re%ardin% a ;articu*ar ta#k on*+ to the etent o re#o*?in% the ;ro-*e a# a con#u*tant! PO7ERGRI>
it#e* doe# not direct*+ re#o*?e the ;ro-*e -ut it enter# into a :oint ?enture =ith a #u-9contractor
=hich carrie# out the a##i%nent o re#o*?in% the ta#k!
The Joint "enture ored -et=een PO7ERGRI> and the Su- $ontractor i# on*+ or the ;eriod u;to
=hich the a##i%nent i# to -e co;*eted! Once the a##i%nent i# co;*eted the Joint "enture
co;an+ i# di##o*?ed! In no ca#e o Joint "enture, PO7ERGRI> ha# a #hare o ore than 24! It
%enera**+ ha# a #hare -et=een / 9 24 in the Joint "enture $o;an+! Thi# i# -ecau#e
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PO7ERGRI> doe# not =ant the #u-9contractor to %et a reco%nition o a Pu-*ic Sector Enter;ri#e on
the -a#i# o the Joint "enture $o;an+!
List of Joint *enture Companies considered in the = >7//4/>
S!No Joint "enture $o;an+ Nae O=ner#hi; o PG$I
/ Po=er*ink# Tran#i##ion iited 24> Torrent Po=er Grid iited /5
? Ja+;ee Po=er%rid iited /5
1 Par-ati o*daTran#i##ion $o;an+ iited /5
H Tee#ta?a**e+ Po=er Tran#i##ion iited /5
D Nationa* Hi%h Po=er Te#t a-orator+ Pri?ate iited /
Ener%+ Eicienc+ Ser?ice# iited /
2 North Ea#t Tran#i##ion $o;an+ iited /5
At the >oe#tic e?e*, co#t o $on#u*tanc+ Pro:ect# in hand i# a;;roiate*+ R#! 6211 $rore#! The
Ma:or c*ient# are GMR, Adani, Re*iance, anco, Are?a, Jinda* Po=er, Ja+ee, Torrent Po=er etc!
PO7ERGRI> ha# #ucce##u**+ #er?ed 031 odd c*ient# -+ ;ro?idin% con#u*tanc+ or ?ariou# nature
:o-# and ta#k#! PO7ERGRI> e;ha#i@e# on hi%h *e?e* o cu#toer #ati#action! Thi# i# #u;;orted -+
the act that the co;an+ ha# recei?ed 0 re;eat order# in Financia* ear /101900 ro cu#toer# o
Financia* ear /114901!
At the internationa* *e?e*, PO7ERGRI> ha# rendered it# con#u*tanc+ #er?ice to ?ariou# countrie# o?er
the +ear# and ade a #tron% %round! It ha# -een oerin% con#u*tanc+ to89
0! Ne;a* #ince /11 or de#i%n and con#truction o //1" hiti & >ha*-ekar
tran#i##ion *ine ;ro:ect (R#! 0!31 crore#)
/! hutan & or de#i%n and con#truction o 03/ " , 211 " *ine, N>$ and #u-#tation#
(R#! 03 crore#)
3! A%hani#tan & con#truction o //1" *ine ro a-u* to Pu*9e9huri (R#! 5/ $rore#)
2! >u-ai 7ater and E*ectricit+ Authorit+ & con#u*tanc+ or 211" GIS #u-9#tation# 'a##ociated tran#i##ion *ine# (R#! 04 crore#)
! PH$N Ni%eria or #u-#tation autoation and re?ie= o docuent# (R#! 0!6 $rore#)
5! an%*ade#h & 011= H">$ -ack to -ack at herara a##ociated =ith India &
an%*ade#h Interconnection Pro:ect# (R#! /0 crore#)
! AEAI, US or ;ro?idin% o;eration and aintenance trainin% to >AS A%hani#tan,
En%ineer# and Technician# (R#! 3!/ crore#)
6! Sri anka ea#i-i*it+ #tudie# or con#truction o interconnection o India & Sri ankae*ectricit+ %rid# (R#! 00 crore#)
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4! Ne;a* & >etai*ed ea#i-i*it+ #tudie# and ESIA or >ha*ke-ar & Sakari Pro:ect (R#! /!4
crore#)
01! ETRA$O or trainin% o en+a En%ineer# in India (R#! 0!/ $rore#)
C'PARI$'" '= #AR"I"G$ &%R'6G% C'"$6L&A"C@
ear #arnin9s - Rs! In Crores.
>77472 /1!12
>772470 /0!41
>7704/7 /54!0
>7/74// /44!3
>7//4/> /64!3
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2&.&421.+
2)+.1!2++. 2#+.+
2&&!6 2&&+ 2&&+61& 2&1&611 2&1162&12
Consultancy Revenue
onsultancy 5evenue
C%A"G# I" #AR"IG$ &%R'6G% C'"$6L&A"C I"
C'PARI$'" &' &'&AL #AR"I"G$@
-Rs! In crores.
ear Tota* Re?enue $on#u*tanc+ Re?enue
>77472 ,160!3 /1!12
>772470 5,036!/ /0!41
>7704/7 ,13!6 /54!0
>7/74// 4144!61 /44!3
>7//4/> 01,6!10 /64!3
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C'PARI$'" '= C'P'$I&I'" '= #AR"I"G$ &%R'6G%
C'"$6L&A"C@
$! "o! =inancial
ear -=.
Income -Rs! in Crs.
AP)RP(or+s
RGG*ER#(or+s
$ub&ransmission(or+s
'therConsultancy
(or+s
&otal
/ >7/74// 1!02 60!5 /0!63 /0H!? >00
> >7704/7 3!2 2!4 23!/5 /1!10 >D0
? >772470 00!5 66!46 24! DH!H7 >/D
1 >77472 /1!3/ 016!2 36!6 2>!1? >H7
H >77D47 //!51 0//!04 02!52 DD!HD >>D
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Role of =inance )epartment in
Consultancy Jobs at PGCILFinance ;*a+# a ?er+ i;ortant ro*e in a** a#;ect#! It i# the *ie -*ood o the or%ani@ation and at no
;o#ition can the ro*e o inance -e ne%*ected or turned do=n! Ri%ht ro the ;oint an idea i# %eneratedto the tie the ta#k i# co;*eted, inance ;*a+# a ?ita* ro*e at each #ta%e!
The ro*e o inance #tart# ro ;re;aration o co#t# e#tiate# to a=ard o contract#! A con#u*tanc+ ee
o 0 o the ;ro:ect co#t i# char%ed! There are ece;tion# in ca#e o Go?ernent Or%ani#ation#
=here the rate a+ -e char%ed V0/! The ;ercenta%e o con#u*tanc+ ee i# on the ina* eecuted co#t
o the ;ro:ect!
In ca#e o En%ineerin% $on#u*tanc+ a##i%nent#, the ee i# enter# into an a%reeent =ith c*ient and the docuent# are ?etted! At no ;oint, the
co;an+ carrie# out the =ork, un*e## the ad?ance i# recei?ed! PO7ERGRI> doe# not u#e it# o=n
und# or ;ro:ect eecution or at an+ ;oint durin% the ;ro:ect!
The Pro:ect ana%er rai#e# the in?oice#! Accountin% or Ser?ice Ta and T>S i# a*#o done!
The ro*e o Finance >e;artent can -e -etter under#tood -+ kno=in% ho= and in =hat =a+# doe# the
de;artent unction =ith re%ard# to a con#u*tanc+ Jo-! Takin% the ea;*e o $on#u*tanc+ Jo-recei?ed ro Jharkhand State E*ectricit+ oard or I;*eentation o tran#i##ion #+#te at ?ariou#
?o*ta%e *e?e*#, the ro*e o Finance >e;t can -e -etter under#tood!
7hen JSE in?ited tender# or thi# ;ur;o#e, the iddin% de;artent o PG$I ir#t con#u*ted it#
en%ineer# and #tudied the entire ;ro:ect! Ater thi# =a# done the inance de;artent cae into ;*a+ to
dra= u; an e#tiate o tota* co#t the co;an+ =ou*d incur unti* the co;*etion o the ;ro:ect! Thi#
=a# done -+ #ettin% u; a %rou; o e;*o+ee# ro inance de;artent, =ho on the -a#i# o the re;ort
#u-itted -+ the en%ineer#, ca*cu*ated the entire e;en#e# and ored the -ud%et! The co#t o an
;o=er =a# take# a# R#! 04,011 ;er da+ ;er e;*o+ee! Ater the tota* -ud%et ha# -een ored, the
inance de;artent added to it 0 o entire co#t a# ;roit and cae u; to the ina* co#t o ;ro:ect!
No= thi# =a# #u-itted to the -iddin% de;artent, =ho ;*aced the -id =ith JSE or a tota* o 0301
crore#!
Once the tender i# ;rocured, the -iddin% de;artent inor# a** concerned de;artent# inc*udin% the
inance de;artent! The Finance >e;artent a;;oint# 0 Head Mana%er and 0 A##i#tant Mana%er ro
it# de;artent or each ;ro:ect! The#e t=o ana%er# are re#;on#i-*e or accountin% and inance
atter# re*ated to thi# #;eciic ;ro:ect! The tea o the#e t=o re;ort# to the >GM Finance direct*+! The
tea *ook# into that it recei?e# re%u*ar re;ort# ro the Pro:ect Inchar%e ro da+ 0 a-out the =ork
-ein% done =ith re#;ect to the ;ro:ect! Thi# tea a*on% =ith the tea e;*o+ee# o other concernedde;artent then #tudie# the a%reeent and #i%n# the #ae!
4)
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It i# the re#;on#i-i*it+ o thi# tea to ;re;are, di#;atch and account or a** inance docuent# re*ated to
thi# ;ro:ect! Once the =ork #tart#, the Pro:ect In char%e #u-it# ortni%ht*+ re;ort# to a** de;artent#,
inc*udin% the inance de;artent! Thi# re;ort inc*ude# the detai*# o the =ork done (=ork certiication)
a*on% =ith a** e;en#e# incurred -+ the that are reco?era-*e ro the c*ient co;an+! The inance
de;artent on the -a#i# o thi# re;ort, rai#e# -i**# on the c*ient co;an+ onth*+! The -i** inc*ude# ee
or Man;o=er, a** e;en#e# entioned -+ the ;ro:ect inchar%e and an+ ee that i# to -e co**ected a# ;er
the a%reeent! To thi# are added #er?ice char%e# V a;;*ica-*e rate! (;re#ent*+ 0/!)! The -i** i# then
#ent to the c*ient!
It i# the ta#k o the inance de;artent to co**ect a** ;a+ent# on tie! The ;a+ent i# %enera**+
recei?ed ater deductin% T>S ( ta deducted at #ource)! The inance de;artent ake# ;ro?i#ion# or
the #ae and account# or it! The T>S i# c*aied -ack at the end o the +ear ro the incoe ta
de;artent!
The inance de;artent i# re#;on#i-*e to #ett*e do=n the account# o each ;ro:ect -+ March 30 o each
accountin% +ear or the concerned inancia* +ear! A** docuentation# are done -+ 30 #t March and
account# ina*i@ed or audit! In ca#e an+ di#;ute ari#e# =ith re%ard# to recei?in% o ;a+ent# or an+
inance atter =ith an+ c*ient, the inance de;artent i# re#;on#i-*e to take into con#ideration the
atter! A** #ett*eent# are ade -+ the inance de;artent ater con#u*tin% other de;artent#!
The ro*e o the inance de;artent continue# e?en ater a ;ro:ect i# co;*eted a# an+ ora*itie#
re*atin% to the #ae need to -e co;*eted! Finance >e;artent ;*a+# a ?er+ i;ortant ro*e in thi#!
A;art ro thi#, the inance de;artent ha# to ;re;are -ud%et# or u;coin% e;artent!
The ro*e thi# de;artent ;*a+# in an or%ani@ation i# #ii*ar to that o heart! It kee;# runnin% #o that the
-*ood (inance) i# circu*ated in the entire -od+ and kee;# the -od+ (or%ani@ation) ir and a*i?e!
4!
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A3AL8SIS O REVE3/E
inancia! 8ear 9::;
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to&inancia! #ear 9:>>9
=I*# #AR $6AR -'P#RA&I"G R#$6L&$.
-Rs! In Crores.
&'(()(& &'(')(( &'')(' &''/)' &''0)'/
#A%. *ARN*- "R1M27ransmission harges
+C44.1+ !C+&2.1 )C!&&.) C324.2)4241.2
onsultancy 5evenue2#+.+ 2++.3 2)+.1! 21.+& 2&.&4
7elecom 5evenue2&1.1+ 1#!.2& 1!.!2 14+.#3
123.3
ther *ncome!4+.)# !1&.& 3!).13 44#.!3 4)).!1
Total *arnings('30/4.'( 3'/.04 034'5.4/ 63(5/.04
4'/(.45
#% PAI- , PR17I-*- "1R2
$mployees 5emuneration and ;enefits#42.+! !4.#+ !2).!& )43.## 1+.&)
7ransmission $@penses32#.3# 2!&.3# 244.+1 1++.)1 1!1.
%dministration $@penses4!).21 41.+ 2!.) 2.1& 1)2.42
4+
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ther $@penses A*ncluding Prior Period$@pensesB
1+.+)
11.4+1&1.23 !4.2) 1#+.1
0eferred 5evenue $@penditure1.!+ 1.#) 1.!# 1.#3 .43
Provisions2.3&
3.+#22.1 4).23 3.#3
Total *8penditure #*8cluding
-epreciation , Interest%
(60(.6( (99.( (549.55 ((05.( ('4(./'
Profit before 0epreciation = *nterest+113.4& !)4+.) )14+.2 4+)4.#1
4&2+.!3
0epreciation2!2.4 21++.3+ 1+!+.)+ 1&+3.)!
++.)
*ntereset = inance harges1+43.) 1)2.44 143.24 1)42.2!
133+.
/et Profit after *nterest and 0epreciationbut before ta@
4+!.)&3#24.!3 2)2).32 222#.! 1!3&.3
Provision for ta@ A,%7B###.1 )#4.)1 421.+1 4!#.)& 1+!.11
ringe ;enefit 7a@6
6A1.&B 14.)& 1&.&
/et Profit after ,%7 nad ;73!&+.&+ 314&.12 22&.+1 1!3.3!
122.+2
0eferred 7a@44.12 443.23 1)4.2! 44.!)
!4.4
Profit after 0eferred 7a@324.+ 2)+).#+ 2&4&.+4 1)+&.)1
144#.4!
0ividend+!).#+ #1&.23 )31.24 &. &.
=I*# #AR $6AR -=I"A"CIAL P'$I&I'".
-Rs! In Crores.
&'(()(& &'(')(( &'')(' &''/)' &''0)'/
A%B. -%7 7-$ ,P%/C>-%
!C!3&.! )3C)3.+# 4C32&.1+ 43C22).2+ 3)C!33.1#CAPITA: *MP:1?*-
34C42+.&3 2#C)!#. 2#C43&.&4 2C1).1 1#C#!&.13#Net "i8ed Assets> Net CurrentAssets%
3alance $heet As At ?/st arch >7//
(Ru;ee# in crore)
$chedule "o! As at ?/st
arch, >7//
As at ?/st
arch, >7/7
$'6RC#$ '= =6")$
Shareho*der# Fund
Share $a;ita* 10 2,5/4!3 2,/16!62
Re#er?e# and Sur;*u# 1/ 05,3!/ 00,33!15
2
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>/,?D!77 /H,01/!07
>eerred Re?enue
Ad?ance A%ain#t >e;reciation (AA>) 13 /,05!1 /,/03!53
Grant# in Aid 12 00!30 046!6/
>,?1!?2 >,1/>!1H
oan Fund#
Secured oan 1A 35,3/!1 30,32!6
Un#ecured oan 1 2,!1 3,10!10
17,22>! ?1,1/D!0
>eerred Ta ia-*it+ (Net) ,03!46 2,565!3
e##8 Reco?era-*e 3,464!/2 3,463!1/
/,/1D!1 7?!H/
&'&AL DH,1?!20 H?,11!DH
APPLICA&I'" '= =6")$
=ied Assets 15
Gro## *ock 1,30!6 23,/1/!/6
e##8 >e;reciation 03,0/!61 00,020!1/
Net *ock 3,//3!46 3/,150!/5
$a;ita* 7ork9in9Pro%re## 1 0/,453!56 01,/2/!3
$on#truction Store# and Ad?ance# 16 03,551!40 01,04!60
D?,212!H H>,12?!11
Investments 14 /,?DH!7H /,1H?!>>
Current Assets, Loans and Advances
In?entorie# 01 360!0 322!41
Sundr+ >e-tor# 00 3,05/!14 /,/02!65
$a#h and ank a*ance# 0/ 3,561!15 3,/!52
Other $urrent A##et# 03 244!24 26!/
oan# and Ad?ance# 02 /,43!46 3,31/!21
01,0!03 4,5/!3/
Less@ Current Liablities ; Provisions
Current Liablities 0 ,003!60 ,532!51
Provisions 05 /,6!25 /,26!/4
4,464!/ 01,14/!64
"et Current Assets H>!2D -1DH!H.
iscellaneous #penditure 0 >!1/ ?!HD
&'&AL DH,1?!20 H?,11!DH
Contin9ent Liablities 06 2,!16 5,25!54
3
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Profit and Loss Account for the year ended ?/st arch, >7/>(Ru;ee# in crore)
$chedule
"o!
As at ?/st
arch,
>7//
As at ?/st
arch,
>7/7
I"C'#
Re?enue ro O;eration# 04 6,366!
1
,0/!2
Pro?i#ion# =ritten -ack /1 21!/
/
1!/
0
Other Incoe /0 51!6
6
3!4
/
4
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&'&AL 0,700!27 ,H7?!H2
#P#")I&6R#
E;*o+ee# Reuneration and
eneit#
// 2!6
4
/5!
1
Tran#i##ion Adini#tration and
Other E;en#e#
/3 6!5
1!2
3
>e;reciation 15 /,044!3
4
0,44!5
4
Pro?i#ion# /2 3!4
6
//!0
Intere#t and Finance $har%e# / 0,33!4
3
0,23!/
2
>eerred Re?enue E;enditure =ritten
O
0!6
5
0!
6
&'&AL H,>7!7 1,27!00
Proit or the +ear -eore ta and Prior
Period Ad:u#tent#
?,2>0!/7 >,>>!H0
e##8 Prior Period E;enditureK
(Incoe) (Net)
/5 1!? 45!/
Profit 3efore &a ?,2>1!? >,D>D!?>
e##8 Pro?i#ion# or Taation
9$urrent ear
561!1
/
231!3
2
9Ear*ier ear# 2!
4
(6!23
)
D21!D/ 1>/!0/
Frin%e eneit Ta
9$urrent ear
9 9
9Ear*ier ear# 9 (0!1)
4 (0!1
)
Profit after Current &a ?,/17!/> >,>7H!0/
e##8 Pro?i#ion or >eerred Ta 9
Tota* >eerred ta *ia-*it+ 224!2
//!1
/
e##8 Reco?era-*e ro
-eniiciarie# or arrear# o ear*ier +ear#
5!/
/
51!1
11?!>? 052!4
Profit after &a >,D0D!20 >,717!01
Add8 a*ance o Proit -rou%ht
or=ard
>1!?? 25!4
/
Add8 ond Rede;tion Re#er?e
7ritten ack
>HH!2/ 055!0
4
Add8 7ithdra=a* ro STOA Re#er?e /1/!>H 60!4
Tota* Aount A?ai*a-*e or
A;;ro;riation
?,//2!>2 >,??D!7>
A;;ro;riation
Interi >i?idend Paid >?/!H/ /01!2
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5
$or;orate >i?idend Ta Paid ?2!1H 3!
Pro;o#ed Fina* >i?idend H2!> 2/1!6
6
Pro?i#ion or $or;orate >i?idend Ta 0?!22 54!4
1
Tran#er to Se* In#urance Re#er?e 1>!H? 3!
Tran#er to ond# Rede;tion
Re#er?e
27! 531!0
3
Tran#er to STOA Re#er?e /1/!>H 60!4
Tran#er to >$ de?e*o;ent Re#er?e /H!/D 05!2
2
Tran#er to $SR Acti?itie# Re#er?e 1!2? 6!3
4
Tran#er to Genera* Re#er?e /,/H7!77 611!1
1
3alance of Profit carried over to3alance $heet
1/!/2 >1!??
?,//2!>2 >,??D!7>
#arnin9 per $hare43asic ; )iluted
KIn Rupees per share
D!/0 1!2H
=ace value of Rs! /7E4 each
GRAP%ICAL R#PR#$#"&A&I'" '= )A&A
)
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7ransmission harges
#4.2?
onsultancy
5evenue
3.2+?
7elecom
5evenue
2.&)?
"hort 7erm pen
%ccess *ncome
2.4!?ther *ncome
!.))?
Income rea
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Percentage Change
2&1&611 2&&+61& 2&&+ 2&&!6
#A%. *ARN*- "R1M2
Transmission Charges 1).+4 24.4+ 2).13 2#.+)
Consultancy Revenue 11.21 24.)! A13.)B 1&.)4
Telecom Revenue 1#.)+ .2! 21.2+ )&.22Short Term 1pen Access Income !&.33 1++.#1 A21.4B 3).
1ther Income #+.&) A1).1#B A3.#B A#.&&B
Total *arnings 21.2! 22.23 2&.#& 24.&3
#
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+
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RA&I' A"AL$I$ '= )A&A
Current Ratio>7/74// /114901 /116914 /11916
/!H @ / 0!3 8 0 0!2 8 0 0! 8 0
Current Ratio M Current Assets E Current Liabilities
$urrent Ratio o the co;an+ #ho=# a #*i%ht *uctuation durin% the our +ear#, -ut it i# a*o#t
con#i#tent! A $urrent Ratio o 0! in /101900 in co;ari#on to 0!2 in /114901 #ho=# that the current
*ia-i*itie# o the co;an+ i# co?ered ore! Thi# i# ?er+ %ood a# it #ho=# that the co;an+ can ea#i*+
;a+ o it# current *ia-i*itie#!
Absolute Li:uid Ratio>7/74// /114901 /116914 /11916
7!H @ / 1!2 8 0 1!2 8 0 1! 8 0
Absolute Li:uid Ratio M Li:uid AssetsE Current Liabilities
A-#o*ute Ratio ha# increa#ed to 1!80 in /101900 in co;ari#on to 1!280 a# in /114901! Increa#e in
A-#o*ute *i
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)ebt #:uity Ratio>7/74// /114901 /116914 /11916
DH@?H 5683/ 55832 5/836
)ebt #:uity Ratio M Lon9 &erm )ebt E #:uity =und
The ;ro;ortion o ee-t ha# increa#ed in /101900 in co;ari#on to /114901!
In#;ite o ond# i##ue and increa#e in *oan# a# #ource o und, thi# increa#e in E
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"et Profit to "et (orth>7/74// /114901 /116914 /11916
/>!D?8 0/!63 00! 01!3
"et Profit to "et (orth M -"et Profit durin9 the year E "et (orth.N/77
Thi# ratio #ho=# a #*i%ht a** in inancia* +ear /101900 =hen co;ared to that o inancia* +ear /1149
01! The a** o 1!/1 i# ho=e?er ere*+ eecti?e!
#arnin9s Per $hare
>7/74// /114901 /116914 /11916
D!/0 2!6 2!1/ 3!5
#arnin9 Per $hare M "et #arnin9s durin9 the year E &otal $hares
The earnin%# ;er #hare o the co;an+ ha# increa#ed o?er the +ear#, and in /101900 it =a# 5!04 in
co;ari#on to /114901 =hen it =a# 2!6! There ha# -een a ri#e o /!53 =hich #ho=# that the
earnin%# o the o=ner# o the co;an+ ha# increa#ed o?er the +ear#! Thi# i# i;ortant in the contet
that it in#ti**# a# #en#e o ;o#iti?it+ and o=ner#hi; aon% the #hare ho*der#!
=ied Assets to Lon9 &erm =unds>7/74// /114901 /116914 /11916
7!00 1!44 1!46 1!45
=ied Assets to Lon9 &erm =und M =ied Assets E Lon9 &erm =unds
The ied a##et# to *on% ter und ratio i# con#i#tent in co;ari#on to /101900! Ratio o 1!44 #ho=#
that on% ter und# co?er the tota* ied a##et# o the co;an+! Thi# di#;*a+# eecti?e uti*i@ation o
*on% ter und#!
Interest Covera9e Ratio>7/74// /114901 /116914 /11916
/!>/ times 1!1 tie# 1!35 tie# 1!/4 tie#Interest Covera9e Ratio M Profit 3efore Interest and &aE Interest paid durin9
the year
Thi# ratio ha# increa#ed o?er the +ear# and in the inancia* +ear /101900 it =a# 0!/0 tie#! Thi# i# a
0!60 increa#e in co;ari#on to inancia* +ear /114901! Ratio o 0!/0 tie# #ho=# that the intere#t
;aid -+ the co;an+ i# =e** co?ered throu%h it# ;roit#!
)ividend Covera9e Ratio
)2
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>7/74// /114901 /116914 /11916
?!?? times 3!/3 tie# 3!3 tie# /!6 tie#
)ividend Covera9e Ratio M Profit After &a E )ividend Paid durin9 the year
The di?idend co?era%e ratio i# a*o#t con#i#tent o?er the +ear#! Ratio o 3!33 tie# #ho=# that the
co;an+ i# ca;a-*e o ;a+in% 3!33 tie# the ;re#end di?idend it i# ;a+in%! Thi# di#;*a+# the #ound;o#ition o the co;an+!
(or+in9 Capital &urnover Ratio>7/74// /114901 /116914 /11916
/!/D times 05!0/ tie# 9 tie# 02!2/ tie#
(or+in9 Capital &urnover Ratio M $ales E (or+in9 Capital
The 7orkin% $a;ita* Turno?er Ratio ha# increa#ed to 0!05 tie# in inancia* +ear /101900 inco;ari#on to 05!0/ tie# in inancia* +ear /114901! Thi# ratio #i%niie# that the ;re#ent Sa*e# i# 0!05
tie# the =orkin% ca;ita* re7/74// /114901 /116914 /11916
1!/78 3!6/ 3!5 3!4
Return on Assets M -Profit After &a E &otal Assets.N/77
The return on a##et# ratio i# continuou#*+ increa#in% o?er the+ +ear#! The ratio o 2!01 in inancia*+ear /101900 #ho=# that the Proit Ater Ta o the co;an+ account# to 2!01 o the Tota* A##et#
?a*ue o the co;an+!
Return on $a;ita* E;*o+ed/101900 /114901 /116914 /11916
1!1104 tie# 1!110 tie# 1!113/ tie# 1!11/ tie#
Return on Capital #mployed M "et Profit E Capital #mployed
The Return on $a;ita* E;*o+ed ha# ar%ina**+ increa#ed in /101900 in co;ari#on to /114901!
"et Profit ar9in>7/74// /114901 /116914 /11916
>?!728 02!22 6!32 !0
"et Profit ar9in M - Profit 3efore Interest and &a E $ales .N /77
)3
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&otal #arnin9 to #penses -8.>7/74// /114901 /116914 /11916
/!? times 0! tie# 0!63 tie# 0!51 tie#
&otal #arnin9s to #penses M &otal #arnin9s E &otal #penses
The tota* earnin%# o the co;an+ in /101900 i# 0!3 tie# the tota* e;en#e! Thi# ratio ha# increa#edro 0! in /114901 to 0!3 in /101900! Thi# #ho=# that the earnin%# o the co;an+ are ca;a-*e o
co?erin% the e;en#e# eecti?e*+!
Comparative Position $tatement As At ?/st arch >7/>
(Ru;ee# in crore)
)4
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$chedule
"o!
As at ?/st
arch, >7//
As at ?/st
arch, >7/7
$han%e
$han%e
$'6RC#$ '= =6")$
$hareholderOs =und
$hare Capital 10 2,5/4!3 2,/16!62 2/1!64 01!11
Reserves and $urplus 1/ 05,3!/ 00,33!15 ,112!/0 2/!5
>/,?D!77 /H,01/!07 ,2/!01 32!13
)efferred Revenue
Advance A9ainst )epreciation
-AA).
13 /,05!1 /,/03!53 (3!5) 90!1
Grants in Aid 12 00!30 046!6/ (/!0) 903!62
>,?1!?2 >,1/>!1H (5!1) 9/!1
Loan =unds
$ecured Loan 1A 35,3/!1 30,32!6 2,44!/4 0!64
6nsecured Loan 1 2,!1 3,10!10 0,265!54 26!20
17,22>! ?1,1/D!0 5,25!46 06!4
)efferred &a Liablity -"et. ,03!46 2,565!3 224!2 4!4
Less@ Recoverable 3,464!/2 3,463!1/ 5!// 1!05
/,/1D!1 7?!H/ 223!/3 53!11
&'&AL DH,1?!20 H?,11!DH 0/,/54!/2 //!42
APPLICA&I'" '= =6")$
=ied Assets 15
Gross 3loc+ 1,30!6 23,/1/!/6 ,024!1 05!
Less@ )epreciation 03,0/!61 00,020!1/ 0,465!6 0!63
"et 3loc+ 3,//3!46 3/,150!/5 ,05/!/ 05!01
Capital (or+4in4Pro9ress 1 0/,453!56 01,/2/!3 /,/0!30 /5!
)
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Construction $tores and Advances 16 03,551!40 01,04!60 3,260!01 32!/1
D?,212!H H>,12?!11 00,35!03 /0!5
Investments 14 /,?DH!7H /,1H?!>> (66!0) 95!1
Current Assets, Loans and Advances
Inventories 01 360!0 322!41 35!50 01!50
$undry )ebtors 00 3,05/!14 /,/02!65 42!/3 2/!
Cash and 3an+ 3alances 0/ 3,561!15 3,/!52 21/!2/ 0/!/6
'ther Current Assets 03 244!24 26!/ 00!4 /!25
Loans and Advances 02 /,43!46 3,31/!21 (16!2/) 90!21
01,0!03 4,5/!3/ 664!60 4!/2
Less@ Current Liablities ; Provisions
Current Liablities 0 ,003!60 ,532!51 (/1!4) 95!6/
Provisions 05 /,6!25 /,26!/4 20!0 05!4
4,464!/ 01,14/!64 (013!5/) 90!13
"et Current Assets H>!2D -1DH!H. 443!23 9/03!36
iscellaneous #penditure 0 >!1/ ?!HD (0!0) 93/!31
&'&AL DH,1?!20 H?,11!DH 0/,/54!/2 //!42
Contin9ent Liablities 06 2,!16 5,25!54 (0,40/!50) 9/4!
Comparative Income $tatement for the year ended ?/st arch, >7/>(Ru;ee# in crore)
$chedule"o!
As at ?/starch,
As at ?/starch,
$han%e $han%e
))
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>7// >7/7
I"C'#
Revenue from 'perations 04 6,366!1 ,0/!2 0,/50!/
0!1
Provisions written bac+ /1 21!// 1!/0 21!1
0
041/!36
'ther Income /0 51!66 3!4/ /42!4
5
6!25
&'&AL 0,700!27 ,H7?!H2 0,45!/
/
/0!/
#P#")I&6R#
#mployeesO Remuneration and
3enefits
// 2!6
4
/5!1 04!0
4
/!52
&ransmission Administration and
'ther #penses
/3 6!5
1!23 6!/
/
0!20
)epreciation 15 /,044!3
4
0,44!54 /04!
1
00!01
Provisions /2 3!4
6
//!0 (06!0) 96/!13
Interest and =inance Char9es / 0,33!4
3
0,23!/2 041!5
4
0/!35
)eferred Revenue #penditure
written 'ff
0!6
5
0!6 1!1
6
2!24
&'&AL H,>7!7 1,27!00 264!
0
01!/2
Profit for the year before ta and
Prior Period Ad0!/7 >,>>!H0 0,015!
0
21!52
Less@ Prior Period #penditureE
-Income. -"et.
/5 1!? 45!/ (40!41) 94!25
Profit 3efore &a ?,2>1!? >,D>D!?> 0,046!2
0
2!53
Less@ Provisions for &aation
4Current ear
561!1
/
231!32 /24!5
6
6!1/
4#arlier ears 2!
4
(6!23) 03!1
/
902!2
D21!D/ 1>/!0/ /5/!
1
5/!/5
=rin9e 3enefit &a
4Current ear
9 9
4#arlier ears 9 (0!1) 0!
1
9011!11
4 (0!1) 0!
1
9011!11
Profit after Current &a ?,/17!/> >,>7H!0/ 432!/
0
2/!3
Less@ Provision for )eferred &a 4
&otal )eferred ta liablity 224!2
//!1/ //2!2
3
44!2
Less@ Recoverable from
benificiaries for arrears of earlier
years
5!/
/
51!1 (3!63) 964!52
)!
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11?!>? 052!4 /6!/
5
056!5
Profit after &a >,D0D!20 >,717!01 5!4
3/!02
Add@ 3alance of Profit brou9ht
forward
>1!?? 25!4/ (//!4) 926!0
Add@ 3ond Redemption Reserve
(ritten 3ac+
>HH!2/ 055!04 64!5
/
3!43
Add@ (ithdrawal from $&'A
Reserve
/1/!>H 60!4 4!/
6
/!3/
&otal Amount Available for
Appropriation
?,//2!>2 >,??D!7> 6/!/
5
33!24
Appropriation
Interim )ividend Paid >?/!H/ /01!25 /0!1
01!11
Corporate )ividend &a Paid ?2!1H 3! /!5
6
!24
Proposed =inal )ividend H2!> 2/1!66 0!6
2
3!1
Provision for Corporate )ividend
&a
0?!22 54!41 /3!4
6
32!30
&ransfer to $elf Insurance Reserve 1>!H? 3! 2!
6
0/!55
&ransfer to 3onds Redemption
Reserve
27! 531!03 01!5
2
/3!40
&ransfer to $&'A Reserve /1/!>H 60!4 4!/
6
/!3/
&ransfer to L)C development
Reserve
/H!/D 05!22 (0!/6) 9!4
&ransfer to C$R Activities Reserve 1!2? 6!34 (3!5) 92/!23&ransfer to General Reserve /,/H7!77 611!11 31!1
1
23!
3alance of Profit carried over to
3alance $heet
1/!/2 >1!?? 05!6
54!/5
?,//2!>2 >,??D!7> 6/!/
5
33!24
#arnin9 per $hare43asic ; )iluted
KIn Rupees per share
D!/0 1!2H 0!3
2
/!53
=ace value of Rs! /7E4 each
)#
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CO3CL/SIO3
?ased on Graphica! Data and
Ratio Ana!#sis
inancia! 8ear 9::;
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&inancia! #ear 9:>>9
The Ana*+#i# he*;# u# conc*ude the o**o=in% =ith re#;ect to Ana*+#i# o $on#u*tanc+ Ser?ice and
Re?enue89
0! PO7ERGRI> -+ di?er#i+in% into other #er?ice# #uch a# $on#u*tanc+ and Te*eco ha#
increa#ed it# O;eratin% Incoe and Net Proit o?er the +ear#!
/! The $on#u*tanc+ Re?enue ha# increa#ed o?er the +ear#, =hich i;*ie# that the #er?ice i#
-rinin% in %ood re?enue to the or%ani@ation!
3! + kee;in% aount o con#u*tanc+ ee ied V0 or 0/ (a# a;;*ica-*e) o?er the tota*
;ro:ect co#t, PO7ERGRI> en#ure# that it earn# ;roit ro each a##i%nent it take#! There i#
no chance o incurrin% *e##K no ;roit -+ the or%ani@ation in an+ con#u*tanc+ a##i%nent!
2! PO7ERGRI> i# akin% the -e#t u#e o it# kno= ho= and e;erti#e in the ie*d o
Tran#i##ion, and uti*i@in% it to %enerate etra re?enue! The $o;an+ ha# -een a-*e to;rocure internationa* a##i%nent# o?er the +ear# in addition to a##i%nent# =ithin the countr+!
! Joint "enture a# a ;art o con#u*tanc+ ha# a*#o he*;ed the co;an+ %enerate ece## re?enue
o?er the +ear#!
5! The co;an+ ha# #een #i%niicant increa#e in Tota* Re?enue in the inancia* +ear /101900!
There ha# -een an increa#e o /0!/ in the tota* earnin%# o the co;an+ in /101900 =hen
co;ared to /114901!In /101900, each #er?ice -ein% rendered -+ PO7ERGRI> ha# etched in
Incoe in ece## to that in /114901!
! The $urrent Ratio and A-#o*ute i
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4! The earnin%# ;er #hare ha# increa#ed to 5!04 in /101900 ro 2!6 in /114901 a*on% =ith
increa#e in re?enue o the co;an+! Thi# ean# that the incoe o the o=ner# i# increa#in%!
01! Stron% intere#t co?era%e ratio o 0!/0 tie# in /101900 #i%niie# that the co;an+ i# =e**
ca;a-*e o incurrin% and ;a+in% o the ;re#ent intere#t!
00! The Net Proit Mar%in ha# increa#ed ro 02!23 in /114901 to /3!16 in /101900! Thi# ean#
that the co;an+ ha# cut do=n #i%niicant*+ on it# e;en#e# durin% the inancia* +ear /101900,
and thi# ha# he*;ed the co;an+ to %enerate ore Proit# !
0/! The increa#e in Net Proit Mar%in ha# re#u*ted in increa#e in Re#er?e# and Sur;*u# o the
co;an+, =hich in return ha# increa#e# the Shareho*derB# und -+ 32!13 o?era**!
03! The o?era** re#u*t o Increa#e in Re?enue throu%h O;eration# can -e #een in the act that the
co;an+ ha# di#tri-uted 01 ece## interi di?idend to the #hareho*der# in /101900 inco;ari#on to /114901 and the ;ro;o#ed di?idend i# a*#o increa#ed -+ 3!1 in /101900
=hen co;ared to /114901!
RECO''E3DATIO3S
0! 7ith the e;erti#e PO7ERGRI> ;o##e##e#, the co;an+ #hou*d or Joint "enture# =ith
;roinent anuacturin% indu#trie# #o that it can anuacture e increa#e it# Re?enue e?en ore!
/! PO7ERGRI> ha# a *ar%e an;o=er -a#e! Thi# a##et can -e -etter uti*i@ed i PO7ERGRI>
o?e# into con#u*tanc+ re*ated to other #ource# o ener%+! 7ith the %ood=i** and e;erti#e the
co;an+ ho*d#, it i# -ound to ece* in thi# ie*d a# =e**!
3! PO7ERGRI> ha# o;;ortunitie# to etent #er?ice and or Joint "enture# =ith an+ State
Uti*itie# or inter#tate tran#i##ion! Mani;ur, Uttar Prade#h, arnataka and Jharkhand are %ood
-u#ine## ;ro#;ect#!
2! Mo#t $entra* Pu-*ic Ser?ice Undertakin%# are not u**9*ed%ed to render Trainin% and
>e?e*o;ent acti?itie#! PO7ERGRI> ha# an o;;ortunit+ in thi# contet!
! PO7ERGRI> i# in ta*kin% ter# =ith $PSUB# in coa*K#tee*K inin% #ector! O;;ortunitie# #ti**
*ie in Petro*eu Sector!
!1
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?I?LIOGRAPH8
0! Annua* Re;ort o PO7ER GRI> $ORPORATION OF IN>IA IMITE> & F! /10090/
/! Annua* Re;ort o PO7ER GRI> $ORPORATION OF IN>IA IMITE> & F! /101900
3! Annua* Re;ort o PO7ER GRI> $ORPORATION OF IN>IA IMITE> & F! /114901
2! Annua* Re;ort o PO7ER GRI> $ORPORATION OF IN>IA IMITE> & F! /116914
! Annua* Re;ort o PO7ER GRI> $ORPORATION OF IN>IA IMITE> & F! /11916
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