The Ministry of New & Renewable Energy (MNRE) has received Presidential sanction for the implementation of a new solar power scheme to be implemented in tribal areas. The scheme with an approved financial outlay of Rs.515 Read more
As many as eight bidders have qualified for an interstate transmission system (ISTS) scheme in Madhya Pradesh, which is being awarded under the tariff-based competitive bidding (TBCB) route. Bid process coordinator PFC Consulting Ltd (PFCCL) has Read more
Ravindra Kumar Tyagi has joined as Chairman & Managing Director of Power Grid Corporation of India Ltd (PGCIL). In an official social media post, PGCIL Read more
GE T&D India Ltd has announced the appointment of Rathindra Nath Basu as Chairman of the company’s Board of Directors. In a release, GE T&D India said that Rathindra Nath Basu has been appointed as “Additional Director” of the Read more
Power Grid Corporation of India Ltd (PGCIL) has been named successful bidder for an interstate transmission system (ISTS) scheme in Karnataka, under the tariff-based competitive bidding (TBCB) mechanism. In a brief stock exchange notification, PGCIL said that it has Read more
Indian Energy Exchange achieved 9,707 MU overall volume in December 2023, marking an increase of nearly 15 per cent over December 2022. In a release, IEX said that the exchange achieved an overall volume of 9,707 MU, inclusive of Read more
Sterlite Power has witnessed a substantial surge in orders for its Global Products and Services (GPS) business during Q2 of FY24, a company release said. The orders, totaling around Rs.2,000 crore, signify a remarkable increase of Rs.700 crore as Read more
India Grid Trust (IndiGrid) has received the letter of intent for two interstate transmission system (ISTS) schemes, won through the tariff-based competitive bidding (TBCB) mechanism. In a release, IndiGrid said that it has received letters of intent from REC Read more
The “Committee of Directors for Bonds” of Power Grid Corporation of India Ltd (PGCIL) has approved the raising of funds through issuance of non-convertible bonds. In a stock exchange communication, PGCIL said that the aforementioned committee that met on Read more