T&D News

Mali Transmission Line | T&D India

Adani, Torrent express interest in SEUPPTCL takeover

The potential takeover of financially-ailing independent power transmission company South East UP Power Transmission Co Ltd (SEUPPTCL) has attracted expressions of interest from leading names like Adani Group and Torrent Power.

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Adani Group set to acquire major transmission asset from Essel Infraprojects

transmission

Adani Transmission Ltd (ATL) has signed definitive agreements with Essel InfraProjects Ltd for the acquisition of Warora-Kurnool Transmission Ltd (WKTL). The acquisition is valued at Rs.3,370 crore.

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Grid-connected Li-ion battery based energy storage system launched in Delhi

Li-ion battery based energy storage | T&D India

Nexcharge in collaboration with Tata Power Delhi Distribution Ltd (TPDDL) inaugurated India’s first grid-connected Li-ion battery-based community energy storage system at Rani Bagh, Delhi, on March 27, 2021.

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IndiGrid completes acquisition of NER-II Transmission from Sterlite Power

IndiGrid Sterlite NER | T&D India

 

India Grid Trust (IndiGrid) has completed its largest transmission project deal by acquiring NER-II Transmission Ltd (“NER-II”) from Sterlite Power at an enterprise value of around Rs.4,625 crore.

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Adani Transmission clarifies on Mumbai HVDC project

Mumbai HVDC | T&D India

 

Adani Transmission Ltd (ATL), in a stock exchange filing, has clarified that Maharashtra Electricity Regulatory Commission (MERC) has issued a statutory licence to build an HVDC link connecting the outskirts of Mumbai to the company’s Mumbai distribution licensee area.

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PGCIL acquires project SPV for TBCB project in Rajasthan

Power Grid Corporation of India Ltd (PGCIL) has completed the acquisition of a project SPV for which it was recently declared successful bidder, under the tariff-based competitive bidding mechanism.

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Discoms may choose to exit PPA after expiry of tenure

NLC India | T&D India

The Union power ministry has issued a notification enabling discoms to either continue or exit the power purchase agreement (PPA) after its term.

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PGCIL to acquire Jaypee Powergrid for around Rs.350 crore

PGCIL Karcham Wangtoo | T&D India

 

Power Grid Corporation of India (PGCIL), in a recent stock exchange communication, said that it has signed the share purchase agreement (SPA) to acquire equity stake in Jaypee Powergrid Ltd (JPL), for around Rs.350 crore.

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Chandigarh power distribution privatization: Bids to open on March 22

Chandigarh drone | T&D India

 

Technical bids related to the power distribution privatization of the Union territory of Chandigarh are scheduled to open on March 22, 2021, according to reliable media reports.

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CCI approves Tata Power’s 51 per cent stake acquisition in NESCO

Odisha CESU

 

The Competition Commission of India (CCI) has approved the acquisition of 51 per cent stake in Odisha power utility NESCO from Grid Corporation of Odisha (GRIDCO).

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