Power Grid Corporation of India Ltd (PGCIL) has upwardly revised its capital expenditure (capex) target for FY25, which now stands at Rs.18,000 crore as against Rs.15,000 crore previously indicated. R.K. Tyagi, CMD, PGCIL, whilst addressing a recent investor conference, Read more
Bharat Heavy Electricals Ltd (BHEL) has reported an order inflow of nearly Rs.9,500 crore in Q1FY25 (April to June 2024), with a clear dominance of power sector-related mandates. In an investor presentation, BHEL said it received orders worth Rs.9,488 Read more
Power Grid Corporation of India Ltd (PGCIL) has emerged L1 for a major interstate transmission system (ISTS) scheme, involving extensive use of HVDC technology. In an investor presentation discussing the company’s performance in Q1FY25, PGCIL said Read more
GE T&D India Ltd reported new order inflows of Rs.10.3 billion in Q1FY25 – recording a modest 2 per cent growth from Rs.10.1 billion in Q1FY24. The company’s order backlog, as of June 30, 2024 stood at Rs.62.8 billion, Read more
Skipper Ltd recorded a new order inflow of Rs.765 crore in the first quarter (Q1: April to June) of FY25. The order inflow was bolstered by substantial orders from Power Grid Corporation of India Ltd (PGCIL), Read more
Power Grid Corporation of India Ltd (PGCIL) is planning to restructure some of its wholly-owned subsidiaries by way of merger or amalgamation. In a meeting held on July 26, 2024, the board of directors of PGCIL considered and approved Read more
Bajel Projects has announced the winning of a major transmission line order from Beawar-Mandsaur Transmission Ltd, a wholly-owned subsidiary of Power Grid Corporation of India Ltd (PGCIL). In a release, Bajel Projects said that the order valued at Rs.586.28 Read more
The Union Budget 2024 announced on July 23, 2024, has envisaged a nearly 14 per cent growth in plan outlay of Central public sector undertakings under the power ministry. A study by T&D India, based on Union Budget documents, Read more
The substation capacity addition in Q1 (April to June) of FY25 has met only one third of the target, according to latest statistics released by Central Electricity Authority (CEA). In Q1FY25, a total of 10,260 MVA Read more
Transformers & Rectifiers (India) Ltd has reported new order inflow of Rs.698 crore during Q1 (April to June) of FY25. In an investor presentation, TRIL said that it witnessed new order inflow of Rs.698 crore in Q1FY25, taking Read more