TBCB
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
PGCIL receives letter of intent for Khetri-Narela TBCB transmission project
- Mar 4, 2022
Power Grid Corporation of India Ltd (PGCIL) has been declared as the successful bidder for a transmission scheme involving evacuation of solar power from Rajasthan, under the TBCB modality. In a brief stock exchange filing, PGCIL said it has Read more
CERC adopts tariff of Koppal-Narendra transmission project
- Feb 28, 2022
Central Electricity Regulatory Commission (CERC) has approved and adopted the transmission charges associated with the Koppal-Narendra power transmission project. In a recent order, CERC said that it has approved and adopted the transmission chargers, based on certification of the Read more
We see tremendous opportunity in the greenfield power transmission space: IndiGrid
- Feb 24, 2022
India Grid Trust (IndiGrid), India’s first infrastructure investment trust (InvIT) in the power transmission sector, was recently in the news with some major developments like winning its first greenfield TBCB power Read more
PGCIL set to easily surpass FY22 capex target
- Feb 14, 2022
Power Grid Corporation of India Ltd (PGCIL) is very likely to surpass the capital expenditure target for FY22, given its performance in the first three quarters of the year. In an investor presentation, PGCIL said that it has planned Read more