PGCIL
Dedicated CTU entity to start operations on April 1, 2021
- Mar 16, 2021
The Union power ministry has said via gazette notification that “Central Transmission Utility of India Ltd” (CTUIL) will start operations on April 1, 2021. In the gazette notification dated March 9, 2021, the power ministry said that CTUIL, a Read more
Pole-2 of Raigarh-Pugalur HVDC link starts commercial operations
- Mar 16, 2021
Power Grid Corporation of India Ltd (PGCIL), in a recent stock exchange filing, said that Pole-2 and some more components of the Raigarh-Pugalur HVDC link have started commercial operations. PGCIL elaborated that the following assets related Read more
Transformers & Rectifiers (India) lands order from PGCIL
- Mar 15, 2021
Transformers & Rectifiers (India) Ltd , in a stock exchange filing, said that it has won an order from Power Grid Corporation of India Ltd (PGCIL). TRIL said that the order worth Rs.108 crore was for the supply of Read more
PGCIL’s capitalization outpaces capex in FY21
- Mar 8, 2021
During the first three quarters of FY21, Power Grid Corporation of India Ltd (PGCIL) undertook cumulative capital expenditure of Rs.7,942 crore. However, its capitalization was much higher. According to a recent investor presentation, PGCIL made capital expenditure of Rs.7,942 Read more
Powergrid InvIT: Five assets identified for monetization
- Mar 1, 2021
Five assets have been identified for monetization with respect to the newly-formed Powergrid Infrastructure Investment Trust (InvIT), according to an investor presentation by Power Grid Corporation of India Ltd (PGCIL). The five assets represent operational transmission assets developed by Read more
TBCB Report Card for CY2020: Zero additions, four completions
- Feb 25, 2021
Not a single power transmission project, under the tariff-based competitive bidding (TBCB) route, was awarded during calendar year 2020, according to latest statistics released by Central Electricity Authority (CEA). What was widely speculated and discussed was confirmed by newly-released Read more
Two more TBCB projects for Rajasthan solar power evacuation go to PGCIL
- Feb 18, 2021
In addition to three similar projects clinched earlier this month, Power Grid Corporation of India Ltd (PGCIL) has now been declared successful bidder for two more transmission projects that involve power evacuation from upcoming solar parks in Rajasthan. In Read more
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