According to information tabled in Parliament, there is no cost overrun in power transmission schemes under execution by Power Grid Corporation of India Ltd (PGCIL), under the TBCB route. It was informed in Parliament that though there has been Read more
The expenditure incurred on power transmission schemes, by Central and state government utilities, appears to have revived in FY22, according to information tabled in Parliament. According to a reply given by Union power minister R.K. Singh in the Rajya Read more
KEC International Ltd has secured new orders of Rs.945 crore across its various businesses, taking its cumulative order inflow in FY22 to over Rs.17,000 crore. These orders were clinched by the company’s power T&D, Railways and Cables businesses. In Read more
Powergrid Infrastructure Investment Trust (PGInvIT) will be raising Rs.700 crore from HDFC Bank Ltd, the InvIT said in a stock exchange filing. The recent filing from PGInvIT said that it has entered into a facility agreement for Rs.700 crore Read more
The “Committee of Directors on Investment on Projects” of Power Grid Corporation of India Ltd (PGCIL) has approved investment worth nearly Rs.700 crore, the Central PSU said in a stock exchange filing. The investment approval was accorded in the Read more
The capital expenditure of Power Grid Corporation of India Ltd (PGCIL) on interstate transmission system (ISTS) schemes is estimated to be around Rs.8,300 crore during the ongoing fiscal year FY22, according to information tabled in Parliament. Read more
Overall addition of transmission lines was 2.8 per cent higher year-on-year in the first eleven months (April to February) of FY22, according to latest CEA statistics. In the April-February period of FY22, a total of 12,719 ckm was added, Read more
In a recent order, Central Electricity Regulatory Commission (CERC) has stated that Power Grid Corporation of India Ltd (PGCIL) will continue to take care of expenses of Central Transmission Utility of India Ltd (CTUIL), which is currently PGCIL’s Read more
Linxon has completed the construction of another substation in Bihar, for Power Grid Corporation of India Ltd (PGCIL). In a release, Linxon said that it has completed the construction of a 400/220/132kV air insulated substation at Saharsa in Bihar Read more
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