India Grid Trust (IndiGrid) announced that it has successfully raised Rs.670 crore through an Institutional Placement (IP) process as laid out by SEBI.
Power Grid Corporation of India Ltd (PGCIL) has won an interstate transmission system (ISTS) scheme, housed under project SPV “Vataman Transmission Ltd,” under the tariff-based competitive bidding (TBCB) route.
Power Grid Corporation of India Ltd (PGCIL) has been declared as successful bidder for a transmission scheme for renewable energy evacuation in Karnataka.
Bid process coordinator PFC Consulting Ltd has announced the incorporation of a wholly-owned subsidiary “Paradeep Transmission Ltd” that would develop an interstate transmission system (ISTS) scheme in Odisha.
Tata Power has marked its entry in the greenfield power development space, winning its first-ever project under the tariff-based competitive bidding (TBCB) process.
IntelliSmart Infrastructure Pvt Ltd, in a statement, said that it has so far built a portfolio of smart metering projects with an aggregate value of close to Rs.20,000 crore.