SCHEDULE – II TRANSMISSION UNDERTAKINGS 

PART I 

ASSETS AND LIABILITIES 

The transmission undertaking shall comprise of the Assets, Liabilities and proceedings, including the following but not limited in them, belonging to the Board, concerning the transmission of electricity :- 

I. TRANSMISSION ASSETS:-  

All the transmission lines having the capacity to carry electricity at voltages of 66 kV and above (not withstanding the same are presently charged at voltages below 66 kV) on double circuit / single circuit / single circuit on double circuit towers with Grid sub-stations of various capacities with all associated and related equipment including step-up step-down transformers, circuit breakers, metering arrangements and other protective devices with power-line communication system, allied control rooms, load dispatch center, lands (including right to way), buildings, roads and other auxiliary assets spread over within and outside the territory of the State including such assets under construction and assets acquired, transferred or rights of which were vested with the Board by transfer, sale, lease or otherwise, but excluding such constructions or installations lawfully owned and operated by others.

            In addition to the above, the 33 kV and below distribution system which are in the 66 kV and above Grid Sub-stations and are integral part of the transformation from 66 KV and above voltages to 33 KV and below voltages shall be part of the transmission system and they shall not form part of the distribution undertakings notwithstanding anything contained in any other schedule.

 II. GENERAL ASSETS:-

(a) The following, if they exclusively or primarily pertain to the above mentioned transmission systems properties or projects or activities related to such transmission systems, properties or projects. 

(b) Special tools and equipments, material handling equipment, earth movers, bulldozers, concrete mixtures, cranes, trailers, heavy and light vehicles, furniture, fixtures, office equipment, air conditioners, refrigerators, computers and signal systems, spares, all stores and spares lying at workshop, consumables, raw materials, lands and civil works installations including roads, buildings, staff quarters, rest houses, properties and structures and their associated buildings, schools, dispensaries, testing laboratories and equipment, training centers, workshops, works in progress, machinery and equipment sent for repairs, scraps and obsolete. 

(c) All independent and stand-alone Rest houses, which are not part of any substations / installations of the Board and any other transferee company, pre-dominantly company used / occupied by the transmission undertaking. 

(d) The office establishment and other building and lands, not covered elsewhere in this schedule, which are predominantly occupied / used for the activities of Transmission Undertakings as on the appointed date. 

III. MISCELLANEOUS: -  

(a) Contracts, agreements, interest and arrangements to the extent they are associated with or related to transmission activities or to the Undertakings or assets referred to in Para I and II above. 

(b) Contingent liabilities to the extent they are recognized and are associated with or related to transmission activities or to the Undertakings or Assets referred to in Para I and II above. 

(c) Proceedings to the extent they are associated with or related to transmission activities or to the Undertakings or Assets referred to in Para I and II above. 

IV. GENERAL: -  

(a) Assets related to Transmission infrastructure of the Board shall vest with Chhattisgarh State Power Transmission Company limited. 

(b) In consideration of the transfer mentioned above the State Government may, direct Transmission Company to issue instruments such as equity shares, preference shares, debentures and other securities in favour of the Chhattisgarh State power Holding Company Limited as the State Government may direct taking into account the assets and liabilities transferred from Board to Transmission company.

(Note: This matter is a part of the CG Govt. Notification dated 19.12.2008)