Economy

'PowerGrid to have remotely managed substations by 2013'

PTI New Delhi | Updated on November 27, 2012

Central transmission utility PowerGrid today said all its substations by next year will be unmanned and would be managed remotely.

“By 2013 all substations of the Power Grid will be unmanned. There will be cameras observing the functioning of the devices and equipment and the stations will be managed remotely by the National Transmission Asset Management Centre at Manesar,” PowerGrid Chairman and Managing Director R. N. Nayak said in a statement.

Speaking at a conference here today, Nayak assured help to the industry for indigenous manufacture of new products and technology.

He said that India needs more technologies to be indigenously manufactured.

The audience at the conference included professionals from industry, utility engineers, developers, public lending agencies, researchers and international experts.

PowerGrid posted a whopping 59 per cent jump in net profit at Rs 1,126 crore for the second quarter ended September 30, 2012.

The total income of the company rose to Rs 3,243 crore in July-September 2012, up 32 per cent from Rs 2,459 crore in the corresponding quarter of the previous year.

Published on November 27, 2012

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