Record year for Power Grid Corporation of India

Techo Electric, GE T&D India win major orders

    In independent developments, Techo Electric & Engineering Ltd and GE T&D India have reported the winning of major orders in the power T&D space. In a stock exchange filing, Techno Electric said that it has received orders worth Rs.1750 Read more

PGCIL commissions Ramgarh ISTS scheme in Rajasthan

    Power Grid Corporation of India Ltd (PGCIL) has commissioned an interstate transmission system (ISTS) scheme in Rajasthan, which it had won under the tariff-based competitive bidding (TBCB) mechanism. In a brief stock exchange filing, PGCIL said that on December Read more

Three SPVs for ISTS-TBCB schemes incorporated

    Three project special purpose vehicles (SPVs) have been newly incorporated for the development of as many interstate transmission system (ISTS) schemes, the developers for which will be selected using the tariff-based competitive bidding (TBCB) mechanism. Bid process coordinators REC Read more

PGCIL acquires “Ramgarh II Transmission Ltd”

  Power Grid Corporation of India Ltd (PGCIL) has acquired project special purpose vehicle “Ramgarh II Transmission Ltd” that houses an interstate transmission system (ISTS scheme in Rajasthan. In a stock exchange filing, PGCIL said that it has completed the Read more

RECPDCL incorporates SPVs for three interstate TBCB schemes

  REC Power Development & Consultancy Ltd (RECPDCL) has recently incorporated three wholly-owned subsidiaries for development of as many interstate transmission system (ISTS) schemes, under the tariff-based competitive bidding (TBCB) mechanism. In a stock exchange filing, RECPDCL, a wholly-owned subsidiary Read more

RECPDCL incorporates two SPVs for ISTS schemes in Gujarat

  REC Power Development & Consultancy Ltd (RECPDCL) has incorporated two wholly-owned subsidiaries that would act as project special purpose vehicles (SPVs) for interstate transmission system (ISTS) schemes in Gujarat. In a stock exchange communication, REC Ltd, Read more

Sikar-Khetri ISTS scheme bifurcated, one key element now on RTM basis

  The interstate transmission system (ISTS) scheme officially termed as “Transmission System for evacuation of power from REZ in Rajasthan (20 GW) under Phase III – Part D” has been bifurcated, with respect to project scope and mode of Read more

REC incorporates project SPV for ISTS scheme in Maharashtra

  REC Ltd has incorporated a step-down wholly-owned subsidiary that would act as a project special purpose vehicle (SPV) for development of an interstate transmission scheme in Maharashtra. In a recent stock exchange communication, REC Ltd said Read more

Two in race for intrastate transmission project in Uttar Pradesh

  Two bidders have qualified to submit their price bids for an intrastate transmission project in Uttar Pradesh, under the tariff-based competitive bidding (TBCB) mechanism. It is reliably learnt that bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) Read more

Powergrid Ramgarh Transmission to commission project soon

  The interstate transmission system (ISTS) project housed under project SPV “Powergrid Ramgarh Transmission Ltd” is set to commission soon. According to a recent report by Central Electricity Authority (CEA), all elements of the transmission scheme are Read more