pgcil sip report jha

8/12/2019 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

1


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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)


17/72

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


18/72

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


19/72

=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#


20/72

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&


21/72

$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#

21


22/72

-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!

22


23/72

"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!

23


24/72

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


25/72

$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


26/72

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)


27/72

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!


28/72

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#


29/72

#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+


30/72

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


31/72

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

31


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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!

32


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A3AL8SIS OCO3S/LTA3C8 SERVICE

inancia! 8ear 9::;>9

33


34/72

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


35/72

-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


36/72

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


37/72

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


38/72

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


39/72

00! $onidentia*it+

In re;*+ to the Re


40/72

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

4&


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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

41


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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#)

42


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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

43


44/72

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

4


46/72

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)


47/72

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!


48/72

A3AL8SIS O REVE3/E

inancia! 8ear 9::;


49/72

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+


50/72

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 [email protected] 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


53/72

>/,?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


54/72

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


55/72

&'&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


56/72

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

)


57/72

7ransmission harges

#4.2?

onsultancy

5evenue

3.2+?

7elecom

5evenue

2.&)?

"hort 7erm pen

%ccess *ncome

2.4!?ther *ncome

!.))?

Income rea


58/72

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

#


59/72

+


60/72

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


61/72

)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


62/72

"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


63/72

>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


64/72

&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


65/72

$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!

)


66/72

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

))


67/72

>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

)!


68/72

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

)#


69/72

CO3CL/SIO3

?ased on Graphica! Data and

Ratio Ana!#sis

inancia! 8ear 9::;


70/72

&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


71/72

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


72/72

?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

pgcil sip report jha

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