Khavda HVDC project: PGCIL begins award of packages

Power Grid Corporation of India Ltd (PGCIL) has begun award of packages for the mega Khavda V-A HVDC project that is being implemented by PGCIL’s TBCB subsidiary Khavda V-A Power Transmission Ltd. At least two packages Read more

PGCIL begins commercial operations on Sikar TBCB project

Power Grid Corporation of India Ltd (PGCIL) has announced that its TBCB subsidiary “Powergrid Sikar Transmission Ltd” has received notification for commercial operation. In a brief stock exchange filing, PGCIL said that Powergrid Sikar Transmission Ltd received notification for Read more

CERC adopts tariff for Navinal Transmission

Central Electricity Regulatory Commission (CERC) has adopted the transmission charges associated with the ISTS-TBCB scheme being developed by Navinal Transmission Ltd, a subsidiary of Adani Energy Solutions Ltd (AESL). In a recent order, CERC approved and adopted the single Read more

PFCCL transfers two ISTS-TBCB projects to winning developers

Bid process coordinator PFC Consulting Ltd (PFCCL), on January 16, 2025, transferred two project SPVs incorporated for the development of interstate transmission system (ISTS) schemes, to their respective winning bidders. In a stock exchange filing by Power Finance Corporation Read more

CERC issues interstate licence to Powergrid Bhadla Bikaner Transmission

Central Electricity Regulatory Commission (CERC) has issued interstate transmission licence to Powergrid Bhadla Bikaner Transmission Ltd, a TBCB subsidiary of Power Grid Corporation of India Ltd (PGCIL). In a very recent order, CERC issued the final Read more

PGCIL acquires Kudalankulam ISTS Transmission, wins project under TBCB

Power Grid Corporation of India Ltd (PGCIL) has acquired project SPV “Kudankulam ISTS Transmission Ltd” from bid process coordinator PFC Consulting Ltd. PGCIL, in a stock exchange communication, said that the formal acquisition was completed on January 10, 2025. The Read more

Powergrid Parli to commission RTM project by year-end

Powergrid Parli Transmission Ltd (PPTL) has begun construction on its RTM project that is expected to commissioned by December 2025. Powergrid Parli Transmission is owned by Powergrid Infrastructure Investment Trust (PGInvIT) and the project is significant as it is Read more

PGCIL receives letter of intent for two ISTS-TBCB schemes

Power Grid Corporation of India Ltd (PGCIL) has been named successful bidder for two interstate transmission system (ISTS) schemes, under the tariff-based competitive bidding (TBCB) mode. In a stock exchange filing, PGCIL said that it has Read more

PGCIL sweeps ISTS-TBCB market with over 60 per cent tariff share

Power Grid Corporation of India Ltd (PGCIL) clearly dominated the ISTS-TBCB market accounting for a tariff share of over 60 per cent during the first nine months (April to December) of FY25. According to a special study by T&D Read more

PGCIL, Megha Engineering in the fray for Bidar ISTS scheme in Karnataka

Only two contenders – Power Grid Corporation of India Ltd (PGCIL) and Megha Engineering & Infrastructures Ltd (MEIL) – are in the fray for the Bidar pooling station augmentation scheme in Karnataka. It is reliably learnt that PGCIL and Read more