T&D News

PGCIL

CTU operations of PGCIL to be hived off

In a very significant move, the Union ministry of power has directed Power Grid Corporation of India (PGCIL) to hive off its operations as the “Central Transmission Utility” (CTU) into a separate entity.

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Tata Power DDL sees surge in online bill payments

Tata Power

During the lockdown, Tata Power Delhi Distribution Ltd received more than 90 per cent of its bill payments from digital modes.

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RTM for power procurement would enable efficient price discovery: ICRA

Adani

The launch of real-time market (RTM) for power trading on June 1, 2020 is expected to lead to an efficient price discovery in the power trading market, feels rating agency ICRA Ltd.

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PGCIL fixes quantum of one-time rebate to discoms

PGCIL

Power Grid Corporation of India, in a communication to stock exchanges, has informed that it has fixed the quantum of the one-time rebate that it would be extending to discoms.

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Tata Power DDL promotes self-meter reading

DDL

Tata Power-DDL, supplying electricity to a population of 7 million in North Delhi, has introduced a smart feature of self-meter reading for its consumers during the ongoing COVID-19 pandemic. Read more

IEX sees encouraging response to RTM on Day 1

IEX

Indian Energy Exchange received an overwhelming response from participants on the first trading day on its newly-launched Real Time Market (RTM).

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Tata Power takes over CESU management

CESU

Tata Power has taken over the management of CESU, after receiving the Letter of Intent (LOI) from the Odisha Electricity Regulatory Commission (OERC) for the distribution and retail supply of electricity in Odisha’s five circles.

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Indian Energy Exchange launches RTM

IEX

The Indian Energy Exchange (IEX) has launched the much-awaited Real-Time Electricity Market (RTM) on its platform, effective June 1, 2020.

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IndiGrid to acquire 100pc equity in Jhajjar KT Transco

Sterlite

India Grid Trust (IndiGrid) has announced the execution of the SPA (Share Purchase Agreement) for acquisition of 100 per cent stake in Jhajjar KT Transco Private Ltd from Kalpataru Power Transmission Ltd  and Techno Electric & Engineering Company Ltd.

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KPTL to divest stake in Jhajjar KT Transco to IndiGrid

TBCB

Kalpataru Power Transmission Ltd has announced execution of the share purchase agreement (SPA) to sell its entire stake in Jhajjar KT Transco Pvt Ltd to India Grid Trust (“IndiGrid”).

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