PGCIL

Torrent Power sees slightly higher losses in distribution business

Torrent Power has seen a slight increase in its overall power distribution losses in Q1FY25. According to an investor presentation discussing the company’s performance in Q1FY25, Torrent Power witnessed higher distribution losses across all its licensed areas. However, in Read more

PGCIL WR-NR | T&D India

PGCIL set to win three more ISTS-TBCB schemes

Power Grid Corporation of India Ltd (PGCIL) is set to three more interstate transmission system (ISTS) schemes, under the tariff-based competitive bidding (TBCB) route. Addressing an investor conference recently, R.K. Tyagi, CMD, PGCIL, said that the company was set Read more

PGCIL ups capex target for FY25; now at Rs.18,000 crore

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

NTPC | T&D India

BHEL reports order inflow of close to Rs.9,500 crore in Q1FY25

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

PGCIL emerges L1 for mega HVDC scheme in Rajasthan

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: Order inflow grows marginally in Q1FY25

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 Testing | T&D India

Skipper records new order inflow of Rs.765 crore in Q1FY25

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

PGCIL plans restructuring of its wholly-owned subsidiaries

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 wins transmission line order from PGCIL

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

Plan outlay of power CPSUs up nearly 14 per cent in FY25

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