Power Grid Corporation of India Ltd (PGCIL) has acquired two project special purpose vehicles for the development of as many interstate transmission system (ISTS) schemes. Both the two SPVs were acquired from bid process coordinator PFC Read more
Central Electricity Regulatory Commission (CERC) has approved and adopted the annual transmission charge (tariff) of the mega Khavda HVDC project that Power Grid Corporation of India Ltd (PGCIL) won under the tariff-based competitive bidding ( Read more
The “Committee of Directors on Investment on Projects” of Power Grid Corporation of India Ltd (PGCIL), on March 13, 2025, accorded investment approval to two projects, with an aggregate outlay of Rs.341.57 crore. In a stock exchange filing, PGCIL Read more
Power Grid Corporation of India Ltd (PGCIL) has won an interstate transmission system (ISTS) scheme relating to the Kurnool III Pooling Station (PS) in Andhra Pradesh, under the tariff-based competitive bidding (TBCB) Read more
In a very recent order, Central Electricity Regulatory Commission (CERC) granted interim transmission licence to Bikaner B Power Transmission Ltd, a TBCB subsidiary of Power Grid Corporation of India Ltd (PGCIL). In its order dated March Read more
Power Grid Corporation of India Ltd (PGCIL), on March 3, 2025, received the letter of intent as successful developer for three interstate transmission system (ISTS) schemes under the tariff-based competitive bidding (TBCB) modality. In a brief stock exchange filing, Read more
GE Vernova T&D India Ltd has won orders valued at around Rs.500 crore from Power Grid Corporation of India Ltd (PGCIL) for the supply of transformers and reactors. In a regulatory filing, GE Vernova T&D India Read more
Stuck with “single-bidder” status despite extension in bidding timelines, two ISTS-TBCB schemes will now come up under the regulated tariff mechanism (RTM) mode. In its latest meeting, National Committee on Transmission (NCT) proposed the deployment of RTM framework for Read more
Power Grid Corporation of India Ltd (PGCIL) has formally acquired two more project SPVs related to ISTS-TBCB schemes, taking its total tally in FY25 so far to twenty. On February 18, 2025, bid process coordinator REC Power Development & Read more
Power Grid Corporation of India Ltd (PGCIL), has awarded Volks Energie a project to deploy nickel-cadmium battery solutions at its substations. This project is seen helping PGCIL to move from relying on traditional VRLA/lead acid batteries to more reliable Read more