PGCIL

PFCCL transfers two ISTS-TBCB projects to winning developers

Bid process coordinator PFC Consulting Ltd (PFCCL), on January 16, 2025, transferred two project SPVs incorporated for the development of interstate transmission system (ISTS) schemes, to their respective winning bidders. In a stock exchange filing by Power Finance Corporation Read more

CERC issues interstate licence to Powergrid Bhadla Bikaner Transmission

Central Electricity Regulatory Commission (CERC) has issued interstate transmission licence to Powergrid Bhadla Bikaner Transmission Ltd, a TBCB subsidiary of Power Grid Corporation of India Ltd (PGCIL). In a very recent order, CERC issued the final Read more

PGCIL acquires Kudalankulam ISTS Transmission, wins project under TBCB

Power Grid Corporation of India Ltd (PGCIL) has acquired project SPV “Kudankulam ISTS Transmission Ltd” from bid process coordinator PFC Consulting Ltd. PGCIL, in a stock exchange communication, said that the formal acquisition was completed on January 10, 2025. The Read more

Powergrid Parli to commission RTM project by year-end

Powergrid Parli Transmission Ltd (PPTL) has begun construction on its RTM project that is expected to commissioned by December 2025. Powergrid Parli Transmission is owned by Powergrid Infrastructure Investment Trust (PGInvIT) and the project is significant as it is Read more

PGCIL receives letter of intent for two ISTS-TBCB schemes

Power Grid Corporation of India Ltd (PGCIL) has been named successful bidder for two interstate transmission system (ISTS) schemes, under the tariff-based competitive bidding (TBCB) mode. In a stock exchange filing, PGCIL said that it has Read more

PGCIL sweeps ISTS-TBCB market with over 60 per cent tariff share

Power Grid Corporation of India Ltd (PGCIL) clearly dominated the ISTS-TBCB market accounting for a tariff share of over 60 per cent during the first nine months (April to December) of FY25. According to a special study by T&D Read more

PGCIL, Megha Engineering in the fray for Bidar ISTS scheme in Karnataka

Only two contenders – Power Grid Corporation of India Ltd (PGCIL) and Megha Engineering & Infrastructures Ltd (MEIL) – are in the fray for the Bidar pooling station augmentation scheme in Karnataka. It is reliably learnt that PGCIL and Read more

Linxon SS Tata Power Solar Rajasthan | T&D India

PGCIL incorporates JV for intrastate grid development in Rajasthan

Power Grid Corporation of India Ltd (PGCIL) has newly incorporated a joint venture for development of Rajasthan’s intrastate power grid. In a stock exchange filing, PGCIL said that the two-way joint venture named “Rajasthan Power Grid Transmission Company Ltd Read more

PGCIL sells residual stake in four associate companies to PGInvIT

Power Grid Corporation of India Ltd (PGCIL) has sold its residual stake in four associate companies to Power Grid Infrastructure Investment Trust (PGInvIT). In a stock exchange filing, PGCIL said that it has sold its entire 26 per cent Read more

Substation capacity addition grows 18 per cent in Apr-Nov FY25

Healthy substation capacity addition was witnessed in the first eight months (April to November) of FY25. According to latest statistics released by Central Electricity Authority (CEA), the total transformation (substation) capacity addition during the April-November period Read more