RTM

PGCIL committee approves investment in RTM projects

  The “Committee of Directors on Investment on Projects” of Power Grid Corporation of India Ltd, accorded investment approval to two RTM-based transmission schemes. The said committee, which met on June 28, 2023, approved investment to two transmission schemes, officially Read more

Additional evacuation infrastructure planned in Kallam area

  More transmission infrastructure is being planned in the Kallam area of Maharashtra, to support the growing demand for renewable energy (RE) evacuation. This scheme officially termed as “Western Region Network Expansion Scheme in Kallam area of Maharashtra” is expected Read more

Bid submission date extended for Rajasthan TBCB projects

  PFC Consulting Ltd (PFCCL) has extended the timeline for submission of RfP (technical and financial) for four ISTS schemes being developed under the TBCB mode, all related to evacuation of renewable energy from Rajasthan. The four interstate schemes are Read more

IndiGrid is actively evaluating transmission schemes under TBCB modality

India Grid Trust (IndiGrid), India’s first power sector investment infrastructure trust (InvIT), experienced some very interesting developments in the recent past. These included winning a greenfield TBCB project, securing additional transmission components under the RTM route and signing Read more

IEX

IEX volumes grows 8 per cent year-on-year in May 2023

  The overall volume traded on Indian Energy Exchange (IEX) in May 2023, at 8,251 million kwh (MU) was 8 per cent higher than that in May 2022, an official release said. The overall Read more

CERC approves transmission licence to Patran RTM project

  Central Electricity Regulatory Commission (CERC) has approved grant of transmission license to the Patran substation expansion project in Punjab that is being developed under the RTM route. In a recent order, CERC, while approving the grant of transmission license, Read more

PGCIL sees business opportunity worth Rs.4 trillion in transmission space

Power Grid Corporation of India Ltd (PGCIL) envisages business opportunities to the tune of Rs.4 trillion (Rs.4 lakh crore) by 2030, in the domestic power transmission space. Addressing an investor conference, K. Sreekant, CMD, PGCIL, said that the business Read more

PGCIL records modest capex growth in FY23, capitalization falls sharply

  Power Grid Corporation of India Ltd (PGCIL) has recorded a modest year-on-year growth in capital expenditure during FY23, at the consolidated level, while capitalization has declined significantly. According to an investor presentation filed on stock exchanges, PGCIL incurred capital Read more

IEX achieves highest monthly volume of FY23 in January

  Indian Energy Exchange (IEX) achieved 8,639 million kwh (million units or MU) of total volume in January 2023 that was the highest in any month in fiscal year FY23, so far. In an official release, IEX said that the Read more

HPX crosses 1 billion units of power trading

  Hindustan Power Exchange (HPX) has crossed the milestone of 1 billion units (kwh) of power traded since its launch around six months ago. In a release, HPX said that with more than 360 market Read more