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Joint Ventures

Existing JVs
SNo. Name Equity Partners Purpose
1 Powerlinks Transmission Limited POWERGRID (49%), Tata Power Ltd. (51%) Transmission system associated with Tala HEP in Bhutan – Progressively commissioned in Aug’06.
2 Torrent POWERGRID Limited POWERGRID (26%), Torrent Power Limited (74%) Transmission System associated with 1100 MW Sugen generating project at Surat -- progressively commissioned in Mar’11.
3 Jaypee POWERGRID Limited POWERGRID (26%), Jaiprakash Power Ventures Limited (74%) Transmission system associated with 1000 MW Power Project at Karcham-Wangtoo in HP - progressively commissioned in Apr’12.
4 North-East Transmission Company Limited POWERGRID (26%), ONGC Tripura Power Company Limited (26%), Govt. of Tripura (10%), Govt. of Assam (13%), Govt. of Mizoram (10%), Govt. of Manipur (6%), Govt. of Meghalaya (5%) & Govt. of Nagaland (4%) Transmission system associated with 726.6 MW Gas Based Combined Cycle Power Project at Pallatana in Tripura. - Progressively commissioned in Feb’15.
5 Parbati-Koldam Transmission Company Limited POWERGRID (26%), Reliance Infrastructures Limited (74%) Transmission Lines associated with Parbati-II (800 MW) and Koldam (800 MW) HEPs. - Progressively commissioned in Nov’15.
6 Teesta Valley Power Transmission Limited POWERGRID (26%), Teesta Urja Limited (74%) Transmission System associated with 1200 MW Teesta – III HEP in Sikkim. Section Teesta III- Rangpo (35.5 km) commissioned in Jan’17. Balance section Rangpo-Kishanganj (180km) under implementation.
7 National High Power Test Laboratory Pvt. Limited POWERGRID (20%), NTPC (20%),  NHPC (20%), DVC (20%) and CPRI (20%) To create high power short circuit test facility.
8 Energy Efficiency Services Ltd POWERGRID (4.9%), NTPC (31.7%), PFC (31.7%) and REC (31.7%) To carry out and promote business related to Energy Efficiency, Energy Conservation and Climate change.
9 Cross Border Power Transmission Company Ltd. POWERGRID (26%), IL&FS  Energy Development Company Ltd (38%), Satluj Jal Vidyut Nigam Ltd (26%) and NEA (10%) Establishment of Indian Portion of Indo-Nepal Cross Boarder Transmission Line from Muzaffarpur to Sursand. Progressively commissioned in Feb’16.
10 Bihar Grid Company Limited POWERGRID (50%), Bihar Power (Holding) Company Limited (50%) Establishment of Intra-State Transmission system in the State of Bihar.
11 Kalinga Bidyut Prasaran Nigam Private Limited POWERGRID (50%), Odisha Power Transmission Corporation Limited (50%) Establishment of Intra-State Transmission system in the State of Odisha.
12 Power Transmission Company Nepal Ltd. (PTCN) POWERGRID (26%), NEA (50%), Financial Institutes of Nepal (14%) and IL&FS Energy Development Company Ltd (10%) (IEDCL) Establishment of Nepal Portion of Indo-Nepal Cross Boarder Transmission Line from Dhalkebar to Bittamod. Progressively commissioned in Feb’16.
13 RINL POWERGRID TLT Private Ltd. (RPTPL) POWERGRID (50%) ,Rashtriya Ispat Nigam Ltd (50%) Establishment of manufacturing of Transmission Line Tower parts plant.