Sterlite Power, in a release, said that it has been awarded the Bongaigaon inter-state power transmission project under the tariff-based competitive bidding (TBCB) mechanism.
Central Electricity Regulatory Commission (CERC), it is reliably learnt, has given its in-principle approval to Indian Energy Exchange (IEX) for introducing a new trading instrument “Green Daily Ahead Contract” (GDAC) on the exchange.
Power Grid Corporation of India Ltd (PGCIL) commissioned nearly 6,000 MVA of substation/transformation capacity in September 2021. This was the highest level achieved by PGCIL in any month during the current fiscal year, so far.
The World Bank has issued a “no objection” to the financial bid evaluation report of one package relating to the Ranchi smart grid project in Jharkhand.
Northeast Frontier Railway (NFR) recently completed electrification of the last leg of the high-density network (HDN) from Katihar in Bihar to Guwahati in Assam, a government release said.
Delhi Electricity Regulatory Commission (DERC) held an emergency meeting on October 9, 2021, in the wake of the current coal supply crisis. The regulator also extended fiscal relief to the power discoms.
The long-pending matter between SEBI and CERC regarding regulatory jurisdiction of electricity derivatives finally got resolved with the Supreme Court, on October 6, 2021, favorably disposing of the matter in terms of the agreement reached upon by SEBI and CERC.
A power transmission scheme in Gujarat being implemented by Power Grid Corporation of India Ltd (PGCIL) is facing serious right-of-way constraints. Commissioning is expected to be delayed by at least ten months from the original schedule.
Power Grid Corporation of India Ltd (PGCIL), in a stock exchange communication, announced that it has started commercial operations of a transmission scheme in Rajasthan, awarded under the TBCB route, on October 4, 2021.