IndiGrid brings strategic partners to develop transmission projects in India

India Grid Trust (IndiGrid) announced that it has partnered with British International Investment (BII), Norwegian Climate Investment Fund and Techno Electric & Engineering Company Ltd, to collaboratively undertake development of IndiGrid’s greenfield interstate transmission system (ISTS) projects.   Role of Read more

PGCIL gets LoI for Bhadla-III Pooling Station augmentation scheme

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

G R Infraprojects set to win its third ISTS-TBCB scheme

G R Infraprojects Ltd (GRIL) is set to win its third interstate transmission system (ISTS) scheme under the tariff-based competitive bidding (TBCB) route. In a stock exchange filing, GRIL said that it has Read more

ISTS schemes planned to feed green hydrogen plants in Gujarat

Two major interstate transmission system (ISTS) schemes for feeding upcoming green hydrogen and green ammonia capacity in Gujarat, are under deliberation. The National Committee on Transmission (NCT), in its ensuing meeting, is expected to discuss two power transmission Read more

RECPDCL incorporates SPV for RE evacuation scheme in Rajasthan

REC Power Development & Consultancy Ltd (RECPDCL) has incorporated a project special vehicle for development of an interstate transmission system (ISTS) scheme associated with renewable energy evacuation in Rajasthan. The project SPV called “Rajasthan IV 4A Read more

Linxon SS Tata Power Solar Rajasthan | T&D India

Tata Power wins “Paradeep Transmission,” its second ISTS scheme in TBCB mode

Tata Power has won its second interstate transmission system (ISTS) scheme under the tariff-based competitive bidding (TBCB) modality. In a stock exchange notification, Tata Power said that it has received the letter of intent from bid process coordinator PFC Read more

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