Central Electricity Regulatory Commission (CERC) has recently granted transmission licence to Bikaner-II Bhiwadi Transco Ltd, a project SPV of PGCIL. In its order dated July 15, 2021, CERC granted transmission licence under Section 14 of the Electricity Act, 2003. Bikaner-II Read more
Power Grid Corporation of India (PGCIL) added around 3 GW of interregional power transfer capacity in FY21, the Central PSU said in a recent investor presentation. The 3 GW (or 3,000 mw) of interregional (IR) capacity added in FY21 Read more
Power Finance Corporation (PFC) has incorporated a new step-down subsidiary that will act as a special purpose vehicle for a power transmission scheme to be developed under the TBCB regime. In a stock exchange communication, PFC said that its Read more
Closely following the acquisition of two project SPVs relating to power evacuation schemes for upcoming Rajasthan solar energy zones, Power Grid Corporation of India Ltd (PGCIL) has announced the acquisition one more such project SPV. In Read more
Bid process coordinator REC Power Distribution Company Ltd has transferred two power transmission-related project special purpose vehicles to successful bidder Power Grid Corporation of India Ltd (PGCIL). The two SPVs in question are: Fatehgarh Bhadla Transco Ltd (FBTL) Sikar Read more
The 400kV Sitamarhi-Motihari transmission line, an important component of the Eastern Region System Strengthening Scheme (ERSS) – XXI, was recently commissioned. The double-circuit line with triple snowbird conductor spanning 171 ckm and located in Bihar was contracted to Tata Read more
Power Grid Corporation of India Ltd (PGCIL) has accorded approval to investment of over Rs.2,000 crore, on various projects. The total investment approved stood at Rs.2,202.30 crore. Of this, an amount of Rs.1,761.30 crore was approved by the PGCIL Read more
The 765kV interconnector linking the northern region (NR) grid and the western region (WR) grid is likely to complete by July 2021, a latest report by Central Electricity Authority (CEA) has indicated. The project costing close to Rs.1,000 crore Read more
Power Grid Corporation of India Ltd, in a stock exchange filing, said that it has commissioned a 765kV transmission scheme in Rajasthan, developed by its wholly-owned subsidiary Ajmer Phagi Transmission Ltd. The transmission scheme was commissioned on May 6, Read more
Central Electricity Regulatory Commission (CERC), in a very recent order, has approved and adopted the transmission charges for the project to be developed by Ramgarh New Transmission Ltd, a wholly-owned subsidiary of Power Grid Corporation of India Ltd Read more