The Punjab Genco Ltd., a generating company (formerly known as
Punjab Renewable Energy Development & Punjab Genco Ltd Ltd. a
wholly owned company of Punjab Energy Development Agency) was formed to
meet with the statutory requirements of Electricity Supply Act, 1948
for power generation. The main objectives of the Company are as
under:
- To identify the projects based on new and renewable energy fuels, prepare
techno-economic feasibility reports and identify and select suitable
investors for implementation of such projects in joint/assisted sector or on
Build, Operate and Own (BOO) basis or at its own including supervision and
execution of such schemes.
- To provide services as an agent or as a facilitator for promotion,
development and implementation of hydro electric power, solar, wind,
biomass, biogas and co-generation power projects based on NRSE fuels.
- To plan, promote, develop and organise integrated and efficient
development of hydro electric power projects, solar, wind, biomass, biogas
and co-generation power projects based on NRSE sources including planning,
investigation, research, design, engineering and preparation of preliminary
and Detailed Project Reports, construction, generation, operation and
maintenance of power stations including sale of power in accordance with the
State Govt. policies and economic considerations.
- To plan, promote, develop and organise integrated and efficient
development of power transmission systems including planning, investigation,
research, design, engineering and preparation of preliminary and Detailed
Project Reports, construction, generation, operation and maintenance of
power stations including sale of power in accordance with the State Govt.
policies and economic considerations.
- To plan, promote, develop and organise integrated and efficient
development of distribution system including planning,
investigation, research, design, engineering and preparation of preliminary
and Detailed Project Reports, construction, generation, operation and
maintenance of power stations including sale of power in accordance with the
State Govt. policies and economic considerations.
- To provide consultancy services in power systems, execution of turnkey
jobs for other utilities, wheeling and banking of power projects and sale of
power in accordance with the State Govt. policies and economic
considerations.
With the
above objectives the company was incorporated on 5.3.1998 under the Indian
Companies Act, 1956 and commenced its commercial operations on 7.6.1999.
The Board of Directors of the company is comprised of the
following:
a. Sh. Vishwajit
Khanna, IAS - Vice Chairman
b. Sh. T.P.S. Sidhu, PCS, Managing Director
c. Sh. Balour Singh, Director
d. Sh. Ravinder Singh, Director
e. Sh. M.P. Singh, Director
f. Sh. Surinder Singh, Director
Since its
inception the company has taken over eight canal based Mini Hydel Power Plants (MHPs),
three Solar Photovoltaic Power (SPV) plants and one High Rate Biomethanation
Power Plant on mutually agreed terms & conditions from its parent organization
Punjab Energy Development Agency (PEDA). The present total installed capacity of
power generation facilities of the company is 11.1 MW
These eight
Mini Hydel Plants are having ultra low heads in the range of 1.75 mtr. to 2.5
mtr. and are selected as technology demonstration projects to establish the
techno-commercial viability of such ultra low heads. Such ultra low heads
are successfully harnessed for power generation for the first time in the
country using innovative technological options available in the world. The
state of the art technology has been used for designing the unmanned operation
of the plants to minimize the operation & maintenance cost. |
