PGCIL
PGCIL monetizes Rs.2,736 crore from asset sale to PGInvIT
- May 15, 2021
Power Grid Corporation of India Ltd (PGCIL) has monetized Rs.2,736.02 crore by way of sale of five of its special purpose vehicles to Powergrid Infrastructure Investment Trust (PGInvIT). Here is a step-by-step account: The following five SPVs were sold Read more
PGCIL commissions 765kV Ajmer-Phagi transmission scheme in Rajasthan
- May 14, 2021
Power Grid Corporation of India Ltd, in a stock exchange filing, said that it has commissioned a 765kV transmission scheme in Rajasthan, developed by its wholly-owned subsidiary Ajmer Phagi Transmission Ltd. The transmission scheme was commissioned on May 6, Read more
PGCIL dedicates 400kV transmission line in Tamil Nadu
- May 10, 2021
Power Grid Corporation of India Ltd (PGCIL) has dedicated a newly-commissioned 400kV transmission line in Tamil Nadu, as part of the “Bharat ka Amrit Mahatsov” celebrations. A social media post by Read more
CERC approves transmission charges for Ramgarh New Transmission Ltd
- May 6, 2021
Central Electricity Regulatory Commission (CERC), in a very recent order, has approved and adopted the transmission charges for the project to be developed by Ramgarh New Transmission Ltd, a wholly-owned subsidiary of Power Grid Corporation of India Ltd Read more
India portion of Indo-Bhutan cross-border link completed
- Apr 29, 2021
Construction work on the Indian portion of the cross-border link to facilitate import from Bhutan’s Mangdechhu hydropower project was recently completed, according to a government report. A report by Central Electricity Authority (CEA) indicates that physical work on the Read more
PGCIL’s InvIT: Powergrid Unchahar Transmission Ltd to act as Investment Manager
- Apr 23, 2021
Powergrid Unchahar Transmission Ltd (PUTL), a wholly-owned subsidiary of Power Grid Corporation of India Ltd, and a project special purpose vehicle will act as the investment manager to PGCIL’s Infrastructure Investment Trust (InvIT) that is Read more
PGCIL’s InvIT set to launch on April 29
- Apr 23, 2021
Reliable reports suggest that Power Grid Corporation of India Ltd will launch its Infrastructure Investment Trust (InvIT) on April 29, 2021. Though there has been no official announcement by PGCIL to this effect, it is learnt Read more
After a long lull, February 2021 brings cheer to 765kV lines
- Apr 12, 2021
For the first time in FY21, there were some positive signs with respect to new 765kV transmission lines, in February 2021. According to latest statistics released by Central Electricity Authority (CEA), 538 ckm of new 765kV lines were added Read more
PGCIL acquires project SPV for TBCB project in Rajasthan
- Mar 26, 2021
Power Grid Corporation of India Ltd (PGCIL) has completed the acquisition of a project SPV for which it was recently declared successful bidder, under the tariff-based competitive bidding mechanism. In a stock exchange filing, PGCIL said that it has Read more
PGCIL to acquire Jaypee Powergrid for around Rs.350 crore
- Mar 23, 2021
Power Grid Corporation of India (PGCIL), in a recent stock exchange communication, said that it has signed the share purchase agreement (SPA) to acquire equity stake in Jaypee Powergrid Ltd (JPL), for around Rs.350 crore. PGCIL said that it Read more