As per industry sources, the Uttar Pradesh Power Transmission Corporation Limited (UPPTCL) will lease out its hi-tech transmission lines with optical ground wire (OPGW) to telecom companies for monetising its assets as an additional source of revenue. The move is expected to benefit end power consumers with asset monetisation benefits to be passed on to them in the tariff as well as help in the fast spread and percolation of the 5G network in the state.
According to Guru Prasad, managing director, UPPTCL, the state government entity has decided to lease out spare pairs of 9,550 km of transmission lines of OPGW to enterprises engaged in telecom business to monetise its own under-utilised assets. Telecom companies can use UPPTCL’s rented network for fast data transmission and laying the 5G network in the state.
Further, Prasad added that this new activity would fetch additional revenue of at least Rs 200 million annually to the company. This will fulfil the objective of asset monetisation by utilising the hitherto underutilised assets as a fresh revenue-generating source, which would finally lead to a reduction in the transmission charges.
