Power
Transmission Corporation of Uttarakhand
Limited (PTCUL)
is a Govt. of Uttarakhand Enterprise and
a Govt. Company as defined under section
617 of the companies Act, 1956. PTCUL
was incorporated under the Companies
Act, 1956 on 27th May 2004
with the basic objective of acquire
establish construct and operate extra
high voltage, high voltage medium
voltage and low voltage lines and
associated sub-stations equipment
apparatus, cable and wires and
co-ordination of Transmission facilities
for the state of Uttarakhand. At present
100% shares of the company is held by
the Government of Uttarakhand either
directly or through its nominees.
Authorized Capital of the Company at the
time of incorporation was Rs.
10,00,00000/-(Ten Crores) divided into
one lacs Equity shares of Rs. 1000/-
each. At present the authorized capital
of the company is Rs.
1,00,00,00000/-(Hundred Crores).
The Corporate office of the Company is
situated at 7B Vasant Vihar Enclave,
Street No. 1 Dehradun. The Company is
managed by the Board of Director. The
Board of Directors meets frequently at
least once in every quarter. The day to
day management of the Company is looked
after by the Managing Director and other
officers of the Company.
PTCUL is the State Power
Transmission Utility (STU) responsible
for building, operating and maintaining
Transmission Substations and Lines at
Extra High Voltages (EHV) of 132 KV, 220
KV, 400 KV & above. It was carved out of
UPCL in June 2004 as a part of Power
Sector Reforms process. PTCUL is also
responsible for Load Despatch and Energy
Management functions in the State
through Load Despatch Centres (LDCs).As
Corporate entity, PTCUL aims to
implement best practices of Project
Implementation and Operations &
Maintenance Management to ensure
efficiency, reliability and commercial
viability of Power Transmission System
in the State. It endeavours to be among
the best Transmission Utilities in the
Country in these parameters within three
years.