Madhya Pradesh Power Management Company Ltd (MPPMCL) has signed a transmission service agreement (TSA) with Megha Engineering & Infrastructures Ltd (MEIL) to develop an intrastate power transmission scheme.
Tata Power announced the setting up of an innovative submersible power substation in south Mumbai to augment the power infrastructure in its operational area.
The newly-announced acquisition of Khargone Transmission Ltd by India Grid Trust (IndiGrid) is expect to add around Rs.85 crore per year to the InvIT’s net distribution cash flow, IndiGrid said in a statement.
Megha Engineering & Infrastructures Ltd (MEIL) has won an intrastate power transmission scheme in Madhya Pradesh, under the tariff-based competitive bidding (TBCB) route.
Sterlite Power has bagged orders worth Rs.3,800 crore for transmission uprate projects, high-performance conductors and EHV cables, during the first three quarters (April to December) of FY23.
India Grid Trust (IndiGrid) has proposed to acquire the entire equity capital of Khargone Transmission Ltd (KTL) that owns an operational interstate transmission system.
Adani Transmission has won an interstate transmission system (ISTS) project under the tariff-based competitive bidding (TBCB) route, getting the better of four other contenders.
REC Ltd has signed non-binding MoUs with the governments of Uttar Pradesh and Madhya Pradesh to provide major financial assistance to power sector initiatives in these two states.