T&D News

Rajesh Power Services plans IPO, files DRHP

Rajesh Power Services Ltd (RPSL) has announced the filing of its draft red herring prospectus (DRHP) with BSE SME.

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PFCCL incorporates SPV for Koppal-Gadag ISTS scheme

Bid process coordinator PFC Consulting Ltd (PFCCL) has incorporated a wholly-owned subsidiary that will act as a special purpose vehicle (SPV) for development of an ISTS scheme in Karnataka.

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Reverse-flow capacity upgrade of Raigarh-Pugalur HVDC link planned

Raigarh-Pugalur Low Res | T&D India

The Southern Regional Power Committee (SRPC) has proposed that the transfer capacity of the ±800kV, 6000 MW Raigarh-Pugalur HVDC system in the reverse direction be enhanced from the existing 3,000 MW to 6,000 MW.

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PGCIL named successful bidder for two ISTS-TBCB schemes – Bikaner A, Bikaner B

Power Grid Corporation of India Ltd (PGCIL) has been issued the letters of intent for development of two interstate transmission system (ISTS) schemes associated with renewable energy evacuation from Rajasthan, under the tariff-based competitive bidding (TBCB) modality.

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Bidding underway for all NCT-approved green hydrogen ISTS schemes

The bidding process for all the three ISTS schemes to feed green hydrogen/ammonia units, and which have been approved by National Committee on Transmission (NCT) so far, is now underway.

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Iskraemeco Group plans new development centre in India

Switzerland-based Iskraemeco Group that recently sold its smart meter manufacturing unit in India to Kaynes Technology India Ltd, has planned to establish a new software development centre in India that will focus on electricity metering and data processing.

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SPV incorporated for Bhadla-Bikaner complex ISTS scheme

Azure Power Rajasthan | T&D India

Bid process coordinator PFC Consulting Ltd (PFCCL) has incorporated a wholly-owned subsidiary that will act as the project special purpose vehicle (SPV) for an ISTS scheme seeking to facilitate evacuation of RE power from Rajasthan, to load centres in Delhi and Uttar Pradesh.

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PFCCL transfers four SPVs to winning bidders – PGCIL, Adani Energy

PFC Consulting Ltd (PFCCL), on October 15, 2024, transferred four project special purpose vehicles for development of interstate transmission system (ISTS) schemes, to their respective winning developers, selected under the tariff-based competitive bidding (TBCB) route.

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PGCIL formally acquires project SPV for “Rajasthan IV H1” ISTS scheme

Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL), on October 15, 2024, formally handed over the project SPV “Rajasthan IV H1 Power Transmission Ltd” to successful bidder Power Grid Corporation of India Ltd (PGCIL), under the tariff-based competitive bidding (TBCB) route.

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Private sector makes this fiscal’s first contribution to ISTS network

Private sector entities Sterlite Power and Renew Transmission Ventures commissioned some ISTS transmission lines in September 2024, making it the first contribution by private sector developers to ISTS transmission line addition in FY25.

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