Power minister Piyush Goyal has urged Central electricity transmission utility Power Grid Corporation (PGCIL) and state transmission companies to ´unlock capital´ that has accrued over years in transmission assets.
´It is high time PGCIL looks at moving from an asset holding to a project implementing company,´ Goyal said at a conference to launch multiple reports on the power sector. The proposal aims at unlocking value of the existing power transmission lines to generate revenues that can be re-invested in strengthening the transmission system and other infrastructure projects.
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