Home » Power Grid must monetise transmission assets to unlock capital, says Goyal

Power Grid must monetise transmission assets to unlock capital, says Goyal

Power Grid must monetise transmission assets to unlock capital, says Goyal

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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