Karnataka

Power Mech Projects debuts in nuclear power space

    Power Mech Projects Ltd has landed its first order in the nuclear power space. In a release, Power Mech Projects said that it has won an order valued at Rs.563.23 crore placed by Bharat Heavy Electricals Ltd, for civil Read more

NCT refers five major ISTS-TBCB schemes to power ministry for approval

    The National Committee on Transmission (NCT) has referred five major interstate transmission system (ISTS) schemes to the Union power ministry for final approval. In its meeting on March 5, 2023, NCT has referred five ISTS schemes – mainly to Read more

JSW formalizes JV with JFE for grain-oriented electrical steel

    JSW Steel has formed an equal joint venture with JFE of Japan for manufacturing electrical steel in India. In a media release, JSW Steel Ltd said that the new joint venture to be named “JSW JFE Electricals Steel Pvt Read more

Exide progresses with lithium ion cell manufacturing plant

    The greenfield lithium-ion cell manufacturing plant of Exide Industries Ltd is progressing as per schedule. According to a release filed by Exide on stock exchanges, onsite detailed construction work at the plant coming up at Bengaluru in Karnataka is Read more

PGCIL named successful bidder for Bidar ISTS scheme

    Power Grid Corporation of India Ltd (PGCIL) has been named successful bidder for an interstate transmission system (ISTS) scheme in Karnataka, under the tariff-based competitive bidding (TBCB) mechanism. In a brief stock exchange notification, PGCIL said that it has Read more

ISTS-TBCB schemes: PFCCL transfers three SPVs to winning developers

Bid process coordinator PFC Consulting Ltd (PFCCL) has transferred three project SPVs, incorporated for development of interstate transmission system (ISTS) schemes, to the respective winning bidders. In a stock exchange filing, Power Finance Corporation, the holding company of PFCCL, Read more

PGCIL wins ISTS scheme in Karnataka under TBCB

    Power Grid Corporation of India Ltd (PGCIL) has been declared as successful bidder for a transmission scheme for renewable energy evacuation in Karnataka. In a brief stock exchange filing, PGCIL said that it has declared as successful bidder under Read more

ReNew commissions its first interstate transmission scheme

  ReNew has announced that it has commissioned its first interstate transmission system (ISTS) scheme. In a release, ReNew said that it has commissioned the “Koppal Transmission Scheme” that will help evacuation of 1.5 GW of renewable energy from the Read more

Envision lands major wind turbine order from JSW Energy

  Envision Energy has won an order from JSW Energy for developing a 653.4-mw wind energy park in Karnataka and Maharashtra. As per the order, Envision would provide 198 units of its EN 156-3.3 MW WTGs (wind turbine generator). The Read more

Serentica Renewables achieves financial closure for Karnataka project with PFC funding

  Serentica Renewables announced that it has achieved financial closure for its upcoming hybrid renewable energy projects in Karnataka, through debt funding from Power Finance Corporation Ltd (PFC). In a release, Serentica said that it has secured the entire debt Read more