Power Grid Corporation of India Ltd (PGCIL) has been declared as the successful bidder for a transmission scheme involving evacuation of solar power from Rajasthan, under the TBCB modality. In a brief stock exchange filing, PGCIL said it has Read more
India added 11,320 ckm of transmission lines during the first ten months (April to January) of FY22, falling short of the target set for the period. According to the latest available statistics released by Central Electricity Authority (CEA), the Read more
The board of directors of Power Grid Corporation of India Ltd (PGCIL) has recently approved transfer of additional equity in one subsidiary to Power Grid Infrastructure Investment Trust (PG InvIT). In a stock exchange notification, PGCIL said that its Read more
Power Grid Corporation of India Ltd (PGCIL) is very likely to surpass the capital expenditure target for FY22, given its performance in the first three quarters of the year. In an investor presentation, PGCIL said that it has planned Read more
Power Grid Corporation of India Ltd (PGCIL) has added a significant 1,500 mw of interregional power transfer capacity during the third quarter (Q3: October to December) of FY22. In a presentation accompanying its Q3FY22 financial results, PGCIL said that Read more
The board of directors of Power Grid Corporation of India Ltd (PGCIL), in a meeting on February 2, 2022, approved two investment proposals entailing capital expenditure of Rs.678.29 crore. In a stock exchange filing, PGCIL said that investment approval Read more
The overall plan outlay (expenditure) of PSUs in the Union power ministry has been pegged at Rs.51,470.14 crore in FY23 (BE), up 5 per cent from Rs.49,006.30 crore in FY22 (RE). In FY21, the actual plan outlay of Read more
Nine interstate transmission schemes, under the tariff-based competitive bidding (TBCB) mechanism, were completed in calendar year 2021, according to a special study by T&D India, based on statistics released by Central Electricity Authority. The performance in 2021 compares very Read more
Power Grid Corporation of India Ltd (PGCIL) and Africa50 – the pan-African infrastructure investment platform – have signed a joint development agreement to develop the “Kenya Transmission Project.” The Kenya Transmission Project (KTP) entails the development, financing, construction, and Read more
In a very recent order, Central Electricity Regulatory Commission (CERC) has given Reliance Industries Ltd (RIL) the option of approaching Power Grid Corporation of India Ltd (PGCIL) for constructing a dedicated power transmission line associated with Reliance’s petroleum Read more