PGCIL
PGCIL Board Approves Buying Out Of Jaypee’s Stake In Joint Venture
- Feb 15, 2021
The board of directors of Power Grid Corporation of India Ltd (PGCIL) has approved the acquisition of the entire equity stake of Jaypee (Jaiprakash) Group in a bipartite joint venture. In a stock exchange filing, PGCIL said Read more
PGCIL wins one more TBCB project for Rajasthan solar power evacuation
- Feb 3, 2021
Power Grid Corporation of India (PGCIL) has been declared as the successful bidder for a transmission scheme involving evacuation from solar energy zones in Rajasthan. This is in addition to two similar projects that the Central PSU won Read more
PGCIL wins two TBCB projects, both for green energy evacuation
- Jan 30, 2021
Power Grid Corporation of India (PGCIL) has been declared as the successful bidder for two transmission schemes, under the tariff-based competitive bidding (TBCB) mode. In a stock exchange filing, PGCIL said both the projects involve evacuation of power from Read more
NERPSIP targeted for completion by December 2021
- Jan 7, 2021
The Centrally-sponsored North Eastern Region Power System Improvement Project (NERPSIP) is targeted for completion by December 2021, a recent government release said. NERSIP is being implemented by Power Grid Corporation of India Ltd (PGCIL) and will benefit six northeastern Read more
PGCIL commissions India’s first fully-digital substation
- Dec 29, 2020
Power Grid Corporation of India Ltd (PGCIL) recently commissioned a 400kV digital substation in Punjab, making it India’s first such. Reliable media reports indicate that the digital substation based on IEC 61850 Process Bus technology, was commissioned at Malerkotla Read more
TRIL expects Rs.68 crore relief in bank guarantees
- Dec 9, 2020
Transformers & Rectifiers (India) Ltd expects to get substantial relief in bank guarantees for existing and upcoming contracts from Power Grid Corporation of India Ltd, the transformer manufacturer said in a stock exchange filing. TRIL, in the communication, Read more
IndiGrid to acquire RInfra’s equity stake in Parbati Koldam Transmission Company
- Nov 30, 2020
India Grid Trust (IndiGrid) has announced that has signed a share purchase agreement to acquire 74 per cent equity stake in Parbati Koldam Transmission Company Ltd from Reliance Infrastructure Ltd (RInfra). In a stock exchange filing, IndiGrid said that Read more
PGCIL takes tally of remotely managed substations to 238
- Nov 16, 2020
During the second quarter (July to September) of FY21, Power Grid Corporation of India added three substations to its collection of remotely-managed substations under NTAMC/RTAMC, taking the total tally to 238, as of September 30, 2020. According to information Read more
PGCIL achieves asset capitalization of over Rs.10,000 crore in Q2 FY21
- Nov 13, 2020
Power Grid Corporation of India Ltd (PGCIL) has commissioned assets worth Rs.10,709 crore during the second quarter (July to September) of FY21. This, according to industry observes, could be amongst the highest capitalization achieved by PGCIL in any single Read more
PGCIL appoints Abhay Choudhary as Director (Projects)
- Nov 1, 2020
In a stock exchange filing, Power Grid Corporation of India said that Abhay Choudhary has assumed charge as Director (Projects) of the company, effective November 1, 2020. Choudhary’s tenure will extend up to June 30, 2024 (the date of Read more