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Punjab Genco Ltd
www.peda.gov.in
Punjab Genco Ltd
 
OVERVIEW OF PUNJAB GENCO LTD. (A WHOLLY OWNED COMPANY OF PEDA)

 

The Punjab Genco Ltd., a generating company (formerly known as Punjab Renewable Energy Development & Punjab Genco 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:

  1. 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.
  2. 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.
  3. 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.
  4. 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.
  5. 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.
  6. 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. Anirudh Tewari, IAS Chairman cum Sectretary Power, Personnel & NCES

b. Sh. Manashvi Kumar , IAS, Managing Director

c. Sh. Balour Singh, Director

d.Sh. M.P. Singh, Director

e. Sh. Surinder Singh, Director

f. Sh. Davinder 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.


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