Power Grid Corporation of India Ltd (PGCIL) has formally acquired its first interstate power transmission scheme under the TBCB route, for the current fiscal year.
A pilot smart grid project at Tripura, originally planned under the Integrated Power Development Scheme (IPDS), will no longer receive Central government funding, it is learnt.
Torrent Power, in a statement, said that it has seen significant reduction in T&D losses in its licensed and franchised power distribution business, in FY22.
Central Electricity Regulatory Commission (CERC), in a very recent order, has stated that Khavda-Bhuj Transmission Ltd is fit to receive interstate transmission licence, subject to the fulfillment of customary conditions.
Adani Transmission Ltd (ATL) put into operation 1,104 ckm of new transmission lines in FY22, which was 41.5 per cent higher than the 780 ckm worth of lines commissioned in FY21.
Indian Energy Exchange, in a release, announced that it has integrated its platform with the newly-created National Open Access Registry (NOAR), on May 1, 2022.
The board of Power Grid Corporation of India Ltd (PGCIL) has approved a proposal to purchase around 77.30 lakh equity shares currently held by IL&FS Energy Development Company Ltd (IEDCL) in Cross Border Power Transmission Company Ltd.
Following the states and UTs that have recently submitted their investment proposals under the Revamped Distribution Sector Scheme (RDSS), ICICI Securities (I-Sec), in a recent report said that it expects more states to submit their investment proposals.