PGCIL clinches another ISTS scheme in Rajasthan

  Power Grid Corporation of India Ltd (PGCIL) has won yet another interstate transmission system (ISTS) scheme in Rajasthan, under the tariff-based competitive bidding (TBCB) mechanism. In a brief stock exchange filing, PGCIL said that it has been declared as Read more

Powergrid Ramgarh Transmission to commission project soon

  The interstate transmission system (ISTS) project housed under project SPV “Powergrid Ramgarh Transmission Ltd” is set to commission soon. According to a recent report by Central Electricity Authority (CEA), all elements of the transmission scheme are Read more

PGCIL declared successful bidder for TBCB scheme in Rajasthan

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

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