T&D News

Sterlite

Sterlite Power achieves financial closure for Vapi-North Lakhimpur Project

Sterlite Power has achieved financial closure for its Vapi II North Lakhimpur Transmission Ltd (VNLTL) project, the company said in a release.

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Total discom dues rise 40 per cent in August 2020

PGCIL InvIT LowRes | T&D India

The total outstanding dues payable by state-owned distribution companies to power generators grew 40.5 per cent year-on-year, to reach Rs.1,31,985 crore on August 31, 2020.

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Interregional grid capacity to cross 118 GW by FY22

IndiGrid

The interregional power transmission capacity of the National Grid is expected to cross 118 GW by March 2022, according to a report by CEA.

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Bihar state transco completes reconductoring project

ACCC Bihar project India | T&D India

Bihar State Power Transmission Company Ltd (BSPTCL) has successfully completed three more reconductor projects using ACCC® Casablanca, a release from CTC Global, the owners of ACCC technology said.

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Odisha CM inaugurates three power transmission elements

indravati HEP | T&D India

Chief Minister of Odisha Naveen Patnaik recently inaugurated, through video conference, three power transmission elements in Odisha’s Kalahandi district.

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Power trading transactions exempted from new TDS and TCS

PGCIL

The Central Board of Direct Taxes of India (CBDT) has exempted power trading transactions   through online exchanges from the newly imposed section 194 (O) – TDS on E-Commerce Transactions & section 206C (1H) – TCS on Sale of Goods on e-commerce platform, of Income tax Act, 1961.

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ERDA expands switchgear testing facility

ERDA Switchgear | T&D India

Electrical Research & Development Association (ERDA) has announced the expansion of its switchgear testing facility.

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NTPC drops plans to acquire RInfra’s Delhi power distribution business

L&T

NTPC, it is reportedly learnt, has dropped its plans to acquire the power distribution licences of Reliance Infrastructure Ltd, in Delhi.

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First stage of Raigarh-Pugalur UHVDC line energized

ABB

Hitachi ABB Power Grids India, along with consortium partner Bharat Heavy Electricals Ltd, has successfully energized the first stage of the +/-800kV Raigarh-Pugalur UHVDC line.

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Nearly Rs.25,000 cr disbursed to discoms under relief package

MPPTCL

It was informed in Parliament that nearly Rs.25,000 crore worth of loans have been disbursed to power distribution companies (discoms) under the government’s special liquidity infusion scheme, announced during the COVID-19 lockdown.

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