Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL), on August 19, 2024, formally handed over two project special purpose vehicles associated with as many ISTS-TBCB schemes to Power Grid Corporation of India Ltd (PGCIL), the successful Read more
Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has annulled the tendering process and issued fresh requests for qualifications for a mega ISTS-TBCB scheme in Rajasthan, involving HVDC infrastructure. Significantly, PGCIL Read more
The interstate transmission system (ISTS) network has seen an increase of 4,815 MVA in transformation capacity but there has been zero transmission line addition, during the first four months (April to July) of FY25. According to latest statistics released Read more
Power Grid Corporation of India Ltd (PGCIL) has received the letter of intent for developing an interstate transmission system (ISTS) scheme, related to augmentation at the Bhadla-III Pooling Station in Rajasthan. In a brief stock exchange Read more
The Government of Uganda dedicated a power transmission project for which Power Grid Corporation of India Ltd (PGCIL) was the project management consultant (PMC). President of Uganda Yoweri Kaguta Museveni and Vice President of Uganda, Ms Jessica Alupo dedicated Read more
GE T&D India has won a mandate from Power Grid Corporation of India Ltd (PGCIL) to build SCADA control centres in eastern India. In a brief regulatory filing, GE T&D India said that PGCIL has placed Read more
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
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
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