OPTCL Odisha Power Transmission Corporation Limited

ABOUT OPTCL - Odisha Power Transmission Corporation Limited

• Started commercial operation from 01.04.2005 only as a Transmission Licensee. (a deemed Transmission Licensee under Section 14 of Electricity Act, 2003)
• Notified as the State Transmission Utility (STU) by the State Govt. and discharges the State Load Dispatch functions.

ODISHA POWER TRANSMISSION CORPORATION LIMITED (OPTCL), one of the largest Transmission Utility in the country was incorporated in March 2004 under the Companies Act, 1956 as a company wholly owned by the Government of Odisha to undertake the business of transmission and wheeling of electricity in the State. The registered office of the Company is situated at Bhubaneswar, the capital of the State of Odisha. Its projects and field units are spread all over the State.

OPTCL became fully opeartional with effect from 9th June 2005 consequent upon issue of Odisha Electricity Reform (Transfer of Transmission and Related Activities) Scheme, 2005 under the provisions of Electricity Act, 2003 and the Odisha Reforms Act, 1995 by the State Government for transfer and vesting of transmission related activities of GRIDCO with OPTCL. The Company has been designated as the State Transmission Utility in terms of Section 39 of the Electricity Act, 2003.

Presently the Company is carrying on intra state transmission and wheeling of electricity under a license issued by the Odisha Electricity Regulatory Commission. The Company is also discharging the functions of State Load Despatch Centre. The Company owns Extra High Voltage Transmission system and operates about 15,942 ckt kms of transmission lines at 400 kV, 220 kV, 132 kV levels and 185 nos. of substations with transformation capacity of 24,877 MVA having 366 nos of transformers.

The day-to-day affairs of the Company are managed by the Managing Director assisted by whole-time Functional Directors as per the advice of the Board of Directors constituted. They are in turn assisted by a team of dedicated and experienced professionals in the various fields.

VISION

OPTCL ranks as one among the leading Transmission Utilities in India, transmitting quality, reliable and SECURED power with minimum transmission loss at a competitive price.

Mission

1. Transmission of power in large quantity with affordable price as per the expectation of customers, Government of Odisha and OERC.
2. Increase transmission network need based, to meet the demand of the state in 2025.
3. Develop a portfolio of intra-state and some inter-state transmission assets in national market including business expansion for evacuation of power outside the state in collaboration with PGCIL and others.
4. Adoption of best construction and OLM practices supported by system driven processes enabled by cutting edge IT solutions.
5. Diversification of business by providing consultancy in the areas of construction and maintenance services and also in Telecommunication and other emerging areas so as to achieve optimum utilization of assets for generation of additional revenue.
6. Develop skilled and satisfied human resources, fostering a service-oriented attitude to its customers/stake holders and becoming empowered to meet customer need in the changing scenarios .
7. Building Research and Development wing for adoption of new technology.
8. Discharge the social responsibility with commitment on environment protection, Health, Safety, Energy Conservation and community Development.
9. Achieve excellence in project implementation.
10. Practice higher standard of corporate governance and be a financially sound company.