TBCB
Resurgent Power Ventures completes acquisition of NRSS XXXVI
- Apr 6, 2022
Pursuant to the letter of intent issued by lenders of NRSS XXXVI Transmission Ltd, Resurgent Power Ventures Pte Ltd has completed the acquisition, and settled debt of the lender, of NRSS XXXVI. The transaction is part of stressed asset Read more
We will continue to invest in low-carbon growth areas: Apraava Energy
- Apr 5, 2022
Apraava Energy is the new identity of CLP India, which is regarded as amongst the earliest multinationals to enter India’s power sector. Apraava Energy, as part of its new corporate philosophy, Read more
Sterlite Power wins TBCB project in Jammu & Kashmir
- Mar 30, 2022
Sterlite Power has received the letter of intent to build a transmission scheme in Jammu & Kashmir, under the tariff-based competitive bidding (TBCB) mechanism. In a release, Sterlite Power said that the LoI was received from bid process coordinator Read more
Koppal-Narendra Transmission secures transmission licence from CERC
- Mar 30, 2022
Central Electricity Regulatory Commission (CERC) has granted transmission licence to “Koppal-Narendra Transmission Ltd” – a project SPV owned by ReNew Transmission Ventures Ltd. In an order dated March 28, 2022, CERC has granted transmission licence to Read more
PGCIL to spend Rs.8,300 crore on ISTS schemes in FY22
- Mar 23, 2022
The capital expenditure of Power Grid Corporation of India Ltd (PGCIL) on interstate transmission system (ISTS) schemes is estimated to be around Rs.8,300 crore during the ongoing fiscal year FY22, according to information tabled in Parliament. Read more
ReNew Transmission Ventures wins its second TBCB scheme
- Mar 22, 2022
ReNew Transmission Ventures has won a transmission scheme in Karnataka under the tariff-based competitive bidding (TBCB) mechanism. This is the second TBCB win for ReNew, following the Koppal-Narendra transmission project in December 2021. In Read more
Sterlite Power completes Rs.1,200-crore refinancing of Khargone Project
- Mar 21, 2022
Sterlite Power announced the successful refinancing of its project loan for the recently commissioned Khargone power transmission project in Madhya Pradesh. With this transaction, Sterlite Power has achieved a reduction of almost 400 basis points in Read more
GR Infraprojects set to acquire Rajgarh Transmission Ltd
- Mar 12, 2022
Rajasthan-headquartered GR Infraprojects has emerged as L1 bidder for a transmission scheme in Madhya Pradesh, under the tariff-based competitive bidding (TBCB) route. In a brief stock exchange filing, GR Infraprojects said that it has emerged as the L1 bidder Read more
Linxon builds another substation for PGCIL in Bihar
- Mar 8, 2022
Linxon has completed the construction of another substation in Bihar, for Power Grid Corporation of India Ltd (PGCIL). In a release, Linxon said that it has completed the construction of a 400/220/132kV air insulated substation at Saharsa in Bihar Read more
Sterlite Power Transmission completes full debt financing for Nangalbibra project
- Mar 7, 2022
Sterlite Power Transmission Ltd has achieved financial closure for its Nangalbibra-Bongaigaon Transmission Ltd (NBTL) project, after securing the entire debt component. In a release, Sterlite Power said that it has arranged for the entire debt component of Rs.440 crore Read more