India’s total interregional transfer capacity is projected to grow to 1,42,940 MW, or around 143 GW, by end of FY27. According to the recently released National Electricity Plan – Vol 2 (Transmission), addition of 24200 MW is expected to Read more
Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has incorporated two wholly-owned subsidiaries that will act as project special purpose vehicles for as many ISTS-TBCB schemes. Both the schemes are currently under bidding. Here are broad details Read more
Indian Energy Exchange (IEX) achieved electricity traded volume of 9,642 MU in October 2024, marking a 4 per cent year on year increase. During the month, IEX traded 4.44 lakh renewable energy certificates (REC) recording a 105 per cent Read more
Four developers have been shortlisted for development of an ISTS scheme in Rajasthan involving HVDC-based infrastructure. The scheme had come up for re-tendering in August after the original bidding process was annulled. The four developers are Power Grid Corporation Read more
KEC International Ltd has recorded its highest-ever order book (including L1 positions), standing at over Rs.42,500 crore, as of November 4, 2024. While the confirmed order book stood at Rs.34,088 crore, the RPG Group entity was placed L1 in Read more
Tata Power has received the letter of intent for developing an interstate transmission system (ISTS) scheme – ERES XXXIX – in Odisha, under the tariff-based competitive bidding (TBCB) mode. For Tata Power, this would be Read more
Prime Minister Narendra Modi recently inaugurated the solar-powered electric vehicle charging carport at the Statue of Unity in Kevadia, Gujarat. Developed by Convergence Energy Services Ltd (CESL), a subsidiary of Energy Efficiency Services Ltd, this innovative Read more
Tata Power continued to record lower losses in its Odisha power distribution business during the first half of FY25. According to an investor presentation filed on stock exchanges, Tata Power saw AT&C losses drop in two of the four Read more
The Power Transmission & Distribution (PT&D) vertical of Larsen & Toubro (L&T) has won new orders in the Middle East and Africa. In a release, L&T said that these orders for expanding and strengthening the electricity Read more
Genus Power Infrastructures Ltd, in a release, said that its outstanding order book position was over Rs.30,000 crore, as of September 30, 2024. The release said that the order book, standing at Rs.31776 crore (net of taxes) included that Read more