Power Transmission Corporation of Uttarakhand Limited is the power transmission utility of state of Uttarakhand formerly known as Uttaranchal. On 9 Nov. 2000, this 27th state of republic of India was carved out of the Himalayan and adjoining north-western districts of Uttar Pradesh as per the Uttar Pradesh state reorganization act 2000.

The State of Uttaranchal in exercise of the power granted to it under section 63(4) of the State Re-Organization Act, 2000, formed two separate companies in power sector-

Uttaranchal Jal Vidyut Nigam Ltd. – For generation of Hydro electricity in the state.

Uttaranchal power Corporation Ltd. – For transmission and distribution of electricity in the state.

Enactment of the Electricity Act 2003, a distinct watershed in the Indian Power sector , made it mandatory for all the States to restructure their SEBs. As per the provisions of Electricity Act 2003 , the state Government separated power transmission business from UPCL which was left only with distribution of electricity .

A new company by the name & style of Power Transmission Corporation of Uttaranchal Ltd. was created to handle power transmission business and registered as a Government company on 27th May, 2004, under section 617 of companies Act, 1956 .It started functioning w.e.f. 1st June, 2004.

The Corporate and Registered Office of the company is at Vidyut Bhawan, Near ISBT Crossing, Saharanpur Road, Majra, Dehradun.

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 crores divided into 1 Lac equity shares of Rs. 1000 each. At present the authorized capital of the company is Rs. 100 crores.

Corporate Vision

PTCUL endeavors to be among the best of Power Transmission utility in India in Operating Efficiency, System Reliability Standards and Commercially Viable Operations.

Corporate Aims

• To provide Reliable & Efficient Transmission Network throughout Uttarakhand at competitive cost.
• Adopt best practices of Project and Operations & Maintenance Management leading to System Efficiency, Reliability and Commercial Viability.
• Create a work environment which motivates & enhances Employee Performance, Value Systems and Reward Contribution.
• Develop and train employees towards upgrading their skills at work, enrich work content to made it more substantive and responsive to Company Goals.
• Imbibe transparency and accountability in all operational areas, be it Procurement, Construction, Operations and Maintenance.
• Expand horizons of activities in to contracting and others by leveraging the Company’s available Technical and Project Expertise.
• Build, in essence PTCUL to a Company geared to high standards of Management Capabilities and Professional Performance.