India Grid Trust (IndiGrid), in a release, has said that a consortium of its subsidiaries has emerged L1 for an interstate power transmission project under the TBCB mode.
Hitachi Energy’s Indian operations have now been formalized under the new legal entity “Hitachi Energy India Ltd”. This follows the rebranding of its parent entity to Hitachi Energy from the earlier “Hitachi ABB Power Grids”.
Power Grid Corporation of India Ltd (PGCIL) has started dialogue with state government utilities with a view to tapping business opportunities arising from the Central government’s revamped distribution upgrade programme.
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.