Power Grid Corporation of India Ltd (PGCIL) has recorded a 11 per cent year-on-year growth in capital expenditure (capex) during the first quarter (Q1: April to June) of FY27.
A pilot project has been planned at NTPC Simhadri thermal power station to evaluate an indigenous Iron-Air Battery technology for long-duration energy storage (LDES) applications.
The aggregate tariff associated with TBCB schemes won by Power Grid Corporation of India Ltd (PGCIL) in the early months of FY27, stands at over Rs.2,200 crore.
Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) formally transferred project SPV “Vizag Power Transmission Ltd” housing an ISTS scheme to its winning developer Adani Energy Solutions Ltd (AESL), selected under the tariff-based competitive bidding (TBCB) mechanism.
Siemens and Reinhausen (MR) are advancing the future of power solutions for the AI era through a strategic partnership.