T&D News

Singh

Import replacement is a national priority: R.K. Singh

R.K. Singh, Union Minister of Power and New & Renewable Energy (IC), highlighted the need of Atma Nirbhar Bharat Abhiyan, envisaged by Prime Minister Narendra Modi, in the power sector.

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IEX sees 5 per cent trading volume growth in June 2020

transmission

The electricity market at the Indian Energy Exchange (IEX) witnessed a total trade of 4,790 MU (million units or million kwh) in June 2020 recording a 5 per cent year-on-year increase. This was despite the national peak demand registering a 10 per cent year-on-year decline during the month.

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Assistance to discoms under PFC/REC schemes may be enhanced

CEA

The quantum of loan offered to states through PFC/REC may be increased from the current Rs.90,000 crore to Rs.1,25,000 crore, according to a report by ICICI Securities.

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Adani Group set to acquire transmission asset from Kalpataru

discom

Adani Transmission Ltd (ATL) has signed definitive agreements with Kalpataru Power Transmission Ltd for acquiring Alipurduar Transmission Ltd, a release from Adani Transmission said.

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IEX achieves 515.46 MU volume on RTM in first month

IEX

Indian Energy Exchange (IEX) said that its Real Time Electricity Market (RTM) accomplished volume of 515.46 MU (million units or million kwh) in June 2020 –the first month of operations of the new segment. A total of 237 customers participated in the RTM segment during the month.

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Sterlite Power Acquires Vapi-II North Lakhimpur Transmission Ltd from PFC

Sterlite

Sterlite Power has announced the acquisition of Vapi II North Lakhimpur Transmission Ltd (VNLTL), a special purpose vehicle from PFC Consulting Ltd.

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Adani wins Maharashtra transmission line in TBCB mode

Adani

Adani Transmission Ltd has signed a share purchase agreement and completed the acquisition of the special purpose vehicle Kharghar Vikhroli Transmission Pvt Ltd (KVTPL), incorporated by Maharashtra State Electricity Transmission Company Ltd.

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PGCIL’s order intake in FY20 sees RTM-TBCB balance

PGCIL

Power Grid Corporation of India (PGCIL)’s order inflow of Rs.13,414 crore in FY20 was equally balanced between RTM (regulated tariff mechanism) and TBCB (tariff-based competitive bidding) power transmission projects.

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PGCIL pegs capex lower at Rs.10,500 crore for FY21

TBCB

With the first quarter of FY21 ending with little economic activity, Power Grid Corporation of India (PGCIL) has pegged its capital expenditure for the year much lower at Rs.10,500 crore, as against Rs.15,313 crore in FY20.

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Raigarh-Pugalur HVDC line expected by December 2020

HVDC

Power Grid Corporation of India expects to complete the 800kV Raigarh-Pugalur HVDC line by December 2020, the Central PSU said in an investor presentation.

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