PGCIL
PGCIL plans to capitalize assets worth Rs.11,000 crore in FY23
- Aug 17, 2022
Power Grid Corporation of India Ltd (PGCIL) plans to capitalize assets worth Rs.11,000 crore in FY23, according to a company presentation. PGCIL’s capitalization target of Rs.11,000 crore is in excess of its capital expenditure (capex) target for FY23 that Read more
PGCIL plans JV for intrastate network upgrade
- Aug 16, 2022
Power Grid Corporation of India Ltd (PGCIL) plans to form a joint venture for intrastate network upgrade. According to reliable information available with T&D India, PGCIL is in talks with one state government to form a joint venture for Read more
PGCIL signs MoU with Gujarat discoms for smart metering
- Aug 12, 2022
Power Grid Corporation of India Ltd (PGCIL) has entered into agreements with two Gujarat discoms for undertaking advanced metering infrastructure (AMI) projects. PGCIL has recently signed MoUs with two Gujarat discoms – Madhya Gujarat Vij Company Ltd (MGVCL) and Read more
KEC International to build India’s first 765kV digital substation, for PGCIL
- Jul 28, 2022
KEC International has won an order from Power Grid Corporation of India Ltd (PGCIL) to build what would be India’s first digital substation. In a release, the RPG Group company said that the mandate from PGCIL would be to Read more
TBCB Report Card for Q1FY23: Two awarded, none completed
- Jul 20, 2022
During the first quarter (April to June) of the ongoing fiscal year FY23, two new interstate transmission schemes were awarded under the tariff-based competitive bidding (TBCB) route, while none were completed during the same period. Based on official documents Read more
First 765kV line addition of FY23 seen in June 2022
- Jul 14, 2022
After two months of drawing blank, ongoing fiscal year 2022-23 saw its first addition of 765kV lines in June 2022. According to the latest reports issued by Central Electricity Authority, the month of June 2022 saw the addition of Read more
PGCIL board approves JV with NEA for Indo-Nepal line
- Jul 13, 2022
The board of Power Grid Corporation of India Ltd (PGCIL) has approved the formation of a joint venture with Nepal Electricity Authority (NEA) for the development of a cross border line. The proposed joint venture with 50 per cent Read more
PGCIL set to acquire Neemuch SEZ transmission scheme in TBCB mode
- Jul 11, 2022
Power Grid Corporation of India Ltd (PGCIL) has emerged as the successful bidder for an interstate transmission scheme, awarded under the tariff-based competitive bidding (TBCB) mode. In a recent stock exchange filing, PGCIL said that it has been declared Read more
PGCIL approves over Rs.4,800 crore investment in western region
- Jul 9, 2022
The board of Power Grid Corporation of India Ltd (PGCIL) has approved an investment of over Rs.4,800 crore directed towards the grid expansion in western India. The investment approved will be spread over the following three projects: Transmission network Read more
PGCIL board to approve fund-raising programme for FY23
- Jul 1, 2022
The board of directors of Power Grid Corporation of India Ltd (PGCIL) is scheduled to meet soon to consider and approve the fund raising programme for the ongoing fiscal year, FY23. In a stock exchange filing, PGCIL said that Read more