T&D News

Sterlite Gujarat FIO | T&D India

Trading volume on IEX marginally lower in H1 of FY23

 

Total trading volume on Indian Energy Exchange (IEX) during the first half (April to September) of FY23 was marginally lower by 1 per cent over the comparable level in FY22, a release from IEX noted.

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EESL smart meter installed base crosses 30-lakh mark, 47 lakh more planned

EESL Smart Meter General | T&D India

 

Energy Efficiency Services Ltd (EESL) said that it has crossed the 30-lakh mark with respect to smart meter installations. Another 47 lakh are planned to be installed by December 2023.

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PGCIL board approves dedicated line for Reliance Industries in Gujarat

GIPCL KEC Pooling | T&D India

 

The board of Power Grid Corporation of India Ltd (PGCIL), in a recent meeting, accorded investment approval for the proposed transmission line that the Central PSU would be constructing for Reliance Industries Ltd (RIL) in Gujarat.

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PXIL introduces “Any-Day, Single-Sided, Reverse Auction” contract

ETAP | T&D India

 

Power Exchange India Ltd (PXIL), on September 27, 2022, introduced the ‘Any-Day Single Sided Reverse Auction Contract’

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Centre rejects proposal of REC takeover by PGCIL

Apar General | T&D India

 

The Union Government has rejected the proposal of REC’s takeover by Power Grid Corporation of India Ltd (PGCIL), according to reliable media reports.

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States are making payment under LPS, says PTC Energy

GE Grid AIS | T&D India

 

Distribution companies of state governments have started making payment in installments under the Late Payment Surcharge (LPS) scheme, according to Chairman, PTC Energy.

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Resurgent Power completes acquisition of SE UP Power Transmission

Jyoti Structures - LR | T&D India

 

Resurgent Power Ventures Pvt Ltd (Resurgent Power) has completed the acquisition of South East UP Power Transmission Company Ltd (SEUPPTCL) and has settled the debt of all existing creditors as per the terms of the Resolution Plan.

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CERC grants transmission licence to Rajgarh Transmission

MP Substation | T&D India

 

Central Electricity Regulatory Commission (CERC), in a very recent order, has granted transmission licence to Rajgarh Transmission Ltd, which is developing an ISTS transmission project, awarded under the TBCB route.

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Bihar signs agreement with REC for power distribution revamp

G&B GIS Gujarat LR | T&D India

 

Bihar State Power Holding Company Ltd (BSPHCL) recently signed an agreement with REC Ltd to improve operational efficiencies of the state’s power discoms and to cut AT&C losses.

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KEC International wins new orders of over Rs.1,000 crore

KEC Transmission Line | T&D India

 

KEC International Ltd has secured new orders of Rs. 1,108 crores across its various businesses, the RPG Group company said in a release.

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