Power Grid Corporation of India Ltd (PGCIL) is well on track to meet its capital expenditure target of Rs.7,500 crore set for the current year FY22, noted K. Sreekant, the company’s CMD.
Resurgent Power, a joint venture of Tata Power, has been selected to acquire 100 per cent equity holding in “NRSS XXXVI Transmission Ltd,” a financially-stressed interstate power transmission asset.
The board of Power Grid Corporation of India Ltd (PGCIL), in its recent meeting, approved to undertake initial expenditure under the Africa50 collaborative venture.
Power Grid Corporation of India Ltd (PGCIL), in a statement, said that it incurred capital expenditure of Rs.1,939 crore in the second quarter (Q2, July to September) of FY22.
Power utility BSES Rajdhani Power Ltd (BRPL) and fast-moving electrical goods company Havells India Ltd have signed an memorandum of understanding to undertake an electrician program with a view to promoting electrical safety.
The newly-formed Central Transmission Utility of India Ltd (CTUIL) has been empowered to approve interstate transmission scheme (ISTS) project with an outlay of up to Rs.100 crore.
State power discom Jaipur Vidyut Vitran Nigam Ltd (JVVNL) recently commissioned a GIS substation at Jaipur, making it the first GIS substation in Rajasthan.
Torrent Power has reported a significant drop in T&D losses in the second quarter (July to September) of FY22, across its distribution licensee and franchisee business.
With a view to training personnel in the power distribution sector, Tata Power Delhi Distribution Ltd (TP-DDL) has signed a collaborative MoU with National Power Training Institute (NPTI).