Page 18 - Index
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POWERGRID’S FOOTPRINT AND PERFORMANCE
1,72,437 ckm
>1,350 Transmission lines
30+ years
4,74,457 MVA
265 Substations
8
Operational TBCB projects (7 ISTS; 1 InSTS)
99.83%
11
Under construction projects (8
ISTS and 3 InSTS)
Experience in establishment and O&M of power transmission systems
(Source: POWERGRID Investor Presentation - FY 2021-22)
ROLE AND RESPONSIBILITY
As Sponsor
Set up the InvIT
Execute Trust Deed with Trustee
As Project Manager
Availability of transmission system in FY 2021-22 99.7%+ since FY 2015-16
16 Annual Report 2021-22
Enter into a Project Implementation and Management Agreement to operate, maintain and manage PGInvIT Assets
Implementation, development, routine operation and maintenance (O&M) and preventive maintenance of IPAs along with providing required tools and plants
Billing and collection, administrative function, procurement, legal support, regulatory support and engineering services
Breakdown rectification works
Provide emergency restoration system on demand, subject to availability
Comply with environmental regulations and standards
Ensure a safe and healthy working environment with socially acceptable practices
Note:
* The roles and responsibility are indicative. Detailed role and responsibilities are in accordance with applicable SEBI InvIT Regulations and are indicated in the Final Offer Document of PGInvIT
* There has been no change in the Sponsor and Project Manager during the period