Nodal agency PFC Consulting Ltd has transferred the project SPV for a power transmission scheme in Karnataka to the successful bidder ReNew Power. In a stock exchange communication, Power Finance Corporation (PFC) announced that its wholly-owned subsidiary PFC Consulting Read more
The Union power ministry has approved over 20 interstate transmission system (ISTS) projects, with an aggregate investment outlay of nearly Rs.16,000 crore. Approval has also been given to a new substation at Siot in the UT of Jammu Read more
Powerlinks Transmission Ltd, a 51:49 joint venture between Tata Power and Power Grid Corporation of India Ltd, represents India’s first-ever public private partnership in the power transmission sector. Kiran Gupta, CEO Read more
Having build its portfolio so far through acquisitions, India Grid Trust (IndiGrid) has won its first greenfield power transmission project, the power sector infrastructure investment trust (InvIT) said in a release. IndiGrid, India’s first power sector InvIT, has received Read more
Power Grid Corporation of India Ltd (PGCIL) has commissioned substation (transformation) capacity worth nearly 9,000 MVA in October 2021, the highest monthly level in recent history. According to the latest statistics released by Central Electricity Authority Read more
India Grid Trust (IndiGrid), in a release, has said that a consortium of its subsidiaries has emerged L1 for an interstate power transmission project under the TBCB mode. IndiGrid announced that a consortium of two of Read more
Linxon has successfully commissioned Adani Transmission’s first 400kV GIS substation, located in Uttar Pradesh. In a release, Linxon said that this gas insulated switchgear (GIS) substation, located at Badaun, was commissioned for Obra-C Badaun Transmission Ltd, a subsidiary of Read more
The month of October 2021 saw significant addition to 765kV transmission line infrastructure, with PGCIL commissioning lines aggregating over 700 ckm. According to latest statistics released by Central Electricity Authority (CEA), Power Grid Corporation of India Read more
Resurgent Power, a joint venture of Tata Power, has been selected to acquire 100 per cent equity holding in “NRSS XXXVI Transmission Ltd,” a financially-stressed interstate power transmission asset. In a release, Tata Power said that lenders of NRSS Read more
Power Grid Corporation of India Ltd (PGCIL), in a statement, said that it incurred capital expenditure of Rs.1,939 crore in the second quarter (Q2, July to September) of FY22. During the same period, PGCIL capitalized assets Read more