PGCIL net up 15 per cent

Fearing an adverse impact of power regulator CERC’s tariff order, Singh said ‘‘in 2004-05 alone, a dent of Rs 338 crore is envisaged in the internal resource generation. PowerGrid is taking all possible steps to generate additional internal resources,’’ he said.

The gross asset base of the company also grew to about Rs 20,000 crore in 2003-04 from Rs 19,000 crore in the previous year. The company undertook capital investment to the tune of Rs 2,351 crore during fiscal 03-04 for implementing the ongoing projects.