Power firms finalize models for asset monetisation plan, Jan 31, 2022
Posted On : March 07, 2022
Three state-run power companies, NTPC Ltd, NHPC Ltd and Power Grid Corp. of India Ltd (PGCIL), have firmed up a mix of models to realize the maximum value from their hydropower and renewable energy transmission and assets as part of the National Monetization Pipeline (NMP) plan, Union power secretary Alok Kumar told Mint
These models include creating a holding company and then divesting stake in the holding company, cashflow monetization, and setting up infrastructure investment trusts (InvITs), Kumar said.The power sector comprises 14% of the total assets on offer under NMP. Power transmission assets total 28,608 circuit km for monetization, accounting for ?45,200 crore. Power generation assets totalling 6 gigawatts (GW) of hydropower and renewable energy assets account for ?39,832 crore.