Posted: Apr 13, 2008 at 0039 hrs IST
Updated: Apr 13, 2008 at 0039 hrs IST
The state-run PowerGrid
Corporation of India proposes to lay down an under sea line between
India and Sri Lanka. The proposed undersea high voltage direct current
(HVDC) transmission line will be for the transfer of 500-mw, which will
be subsequently upgraded to 1,000 mw.
According to power ministry sources, “The
proposed undersea transmi-ssion line entails an invest-ment of around
Rs 1,500 crore. A pre-feasibility study is being carried out by the
PowerGrid Corporation for the proposed venture. So far undersea HVDC
transmission lines are in place between the UK and the France for
transmission of 2,000 mw.” PowerGrid Corporation’s plan was according
to the bilateral investment arrange-ment between India and Sri Lanka,
The proposed undersea transmission line could be
useful for NTPC which plans to set up 500 mw imported coal-based power
project at Trincomalee in Sri Lanka. PowerGrid has installed inter
regional transmission capacity of 18,000 mw and plans to increase it to
37,000 mw by 2012.
PowerGrid has lined up an investment plan of Rs 55,000 crore for the same to be completed during the 11th Plan.
Earlier, power minister Sushilkumar Shinde asserted
that the infamous Enron chapter was closed and more and more investors
from abroad mainly from the US were keen to invest in the India’s power