PGCIL to commission 18 ISTS-RTM projects in FY24

  Power Grid Corporation of India Ltd is expected to commission 18 ISTS projects awarded under the regulated tariff mechanism (RTM) route, in the remaining period of this fiscal year. According to information tabled in Parliament, PGCIL, as of August Read more

Substation capacity addition meets less than half of target

  The quantum of new transformation capacity added in the first four months of FY24 was less than half of the planned addition. According to latest statistics released by Central Electricity Authority (CEA), a total of 14,016 Read more

CERC grants transmission licence to three ISTS schemes

  In recent independent orders, Central Electricity Regulatory Commission (CERC) has granted interstate transmission licence to three schemes. Incidentally, all the three projects were clinched by Power Grid Corporation of India Ltd (PGCIL) under the tariff based competitive bidding (TBCB) Read more

TBCB Report Card for 4MFY24: 11 projects awarded, 1 completed

  The first four months of FY24 saw hectic activity in the interstate TBCB power transmission space with as many as 11 new projects getting awarded. According to a special study by T&D India, based on official statistics released by Read more

Foundation stone laid for Lakhisarai substation augmentation

The foundation stone for the Lakhisarai substation extension project in Bihar was laid at the hands of Union power minister, R.K. Singh. A government release noted that the Union power minister laid the foundation stone for Power Grid Corporation Read more

TRIL’s outstanding order book crosses Rs.2,000-crore mark

  The outstanding order book of Transformers & Rectifiers (India) Ltd crossed the Rs.2,000-crore mark, as of July 31, 2023. According to an investor presentation discussing the company’s performance during the first quarter (Q1: April to June) of FY24, the Read more

Interstate transmission to boost PGCIL’s capex plans

  Interstate power transmission projects are expected to dominate the long-term capex plans of Power Grid Corporation of India Ltd (PGCIL). Addressing an investor conference discussing PGCIL’s performance during Q1 of FY24, K. Sreekant, Chairman & Managing Director, PGCIL, said Read more

GE T&D India: Order bookings up 68 per cent in Q1 of FY24

  GE T&D India reported a 68 per cent year-on-year growth in its order inflow during Q1 (April to June) of FY24. In a media release, GE T&D India said that it booked new orders worth Rs.1,006.60 crore in Q1 Read more

PGCIL will surpass FY24 capex target, says CMD

  Power Grid Corporation of India Ltd (PGCIL) will surpass the capital expenditure (capex) target for FY24, the company’s CMD said. Addressing an investor conference, K. Sreekant, Chairman & Managing Director, Power Grid Corporation of India Ltd, said that PGCIL Read more

Arunachal Pradesh gets its first GIS substation

A new gas-insulated switchgear (GIS) substation was recently commissioned in Arunachal Pradesh – the first such for the northeastern state. On August 2, 2023, a 132/33kV GIS substation located at Nirjuli, a town in Papum Pare district, was inaugurated Read more