PGCIL

Khavda RE evacuation scheme to adopt TBCB and RTM routes

  The National Committee on Transmission (NCT), in its recent meeting, has proposed that an interstate transmission system (ISTS) scheme for evacuation of renewable energy from the Khavda RE Park in Gujarat be implemented using a combination of TBCB Read more

CERC grants transmission licence to five ISTS schemes

  Central Electricity Regulatory Commission (CERC), over the past one week, has granted transmission licence to as many as five interstate transmission system (ISTS) schemes. For each of these schemes, CERC has also completed the tariff adoption routine. In several Read more

Linxon PGCIL Saharsa SS LR | T&D India

SPV incorporated for intrastate TBCB project in UP

  A project special purpose vehicle has been incorporated for the development of an intrastate power transmission scheme in Uttar Pradesh, under the tariff-based competitive bidding (TBCB) mechanism. Bid process coordinator PFC Consulting Ltd (PFCCL) has incorporated Read more

CERC grants transmission licence to Dharamjaigarh Transmission

  Central Electricity Regulatory Commission (CERC), in a very recent order, has granted transmission licence to “Dharamjaigarh Transmission Ltd”. Dharamjaigarh Transmission Ltd was incorporated as a project special purpose vehicle (SPV) by the bid process coordinator to develop an interstate Read more

PGCIL committee approves investment in RTM projects

  The “Committee of Directors on Investment on Projects” of Power Grid Corporation of India Ltd, accorded investment approval to two RTM-based transmission schemes. The said committee, which met on June 28, 2023, approved investment to two transmission schemes, officially Read more

Bid submission date extended for Rajasthan TBCB projects

  PFC Consulting Ltd (PFCCL) has extended the timeline for submission of RfP (technical and financial) for four ISTS schemes being developed under the TBCB mode, all related to evacuation of renewable energy from Rajasthan. The four interstate schemes are Read more

PFCCL forms SPV for intrastate scheme in UP, two bidders in final race

  PFC Consulting Ltd (PFCCL), in its capacity as bid process coordinator (BPC), has incorporated a project special purpose vehicle (SPV) for developing an intrastate transmission scheme in Uttar Pradesh. According to a PFCCL stock exchange filing, the project SPV, Read more

Marginal decline in BHEL’s FY23 order inflow

  New order inflows of Bharat Heavy Electricals Ltd (BHEL) in FY23 were marginally lower than those in FY22. According to an investor presentation filed on stock exchanges, BHEL’s new order inflows in FY23 stood at Rs.23,548 crore, around 0.6 Read more

GE T&D India reports 26 per cent growth in FY23 order booking

  GE T&D India has reported a 26.3 percent year-on-year growth in its new order bookings for FY23. In a release, GE T&D India said that new order bookings during FY23 stood at Rs.2,735.9 crore as against Rs.2,166.6 crore in Read more

PGCIL to hive off consultancy business into new subsidiary

  Power Grid Corporation of India Ltd (PGCIL) has planned to house its consultancy business and other non-core activities in a new subsidiary. PGCIL has created a new wholly-owned subsidiary that will have several ongoing activities other than the company’s Read more