The volume of interregional transfer of electricity clocked 207,228 million kwh in the first eleven months (April to February) of FY22, up 6.5 per cent from its comparable level in FY21.
Jyoti Structures Ltd has won a contract from Adani Transmission Ltd to build a 765kV transmission line in Gujarat.
ReNew Transmission Ventures has won a transmission scheme in Karnataka under the tariff-based competitive bidding (TBCB) mechanism. This is the second TBCB win for ReNew, following the Koppal-Narendra transmission project in December 2021.
The Energy Policy Institute at the University of Chicago (EPIC India) has signed an MoU with REC Ltd and REC Power Development and Consultancy Ltd (RECPDCL) to enable an evidence-based approach to improve the electricity distribution utility performance by designing innovative policy interventions for pilot and evaluation.
Torrent Power has entered into formal agreements to acquire 51 per cent equity stake in the special purpose vehicle “Dadra & Nagar Haveli and Daman & Diu Power Distribution Corporation Ltd”. With this, Torrent Power is set to take over power distribution activities in the Union territory.
In a recent order, Central Electricity Regulatory Commission (CERC) has stated that Power Grid Corporation of India Ltd (PGCIL) will continue to take care of expenses of Central Transmission Utility of India Ltd (CTUIL), which is currently PGCIL’s wholly-owned subsidiary, up to March 31, 2024.