Ashoka Buildcon acquires Sakoli intrastate-TBCB scheme in Maharashtra, enters development space

Ashoka Buildcon has formally acquired the project SPV associated with the Sakoli intrastate transmission system (InSTS) scheme in Maharashtra, which it won under the tariff-based competitive bidding (TBCB) route. The project SPV “Sakoli Power Transmission Ltd” was acquired from Read more

West Bengal allots land to Websol for greenfield solar cell and module facility

Websol Energy System Ltd has announced that the Government of West Bengal has allotted a parcel of land measuring about 54.20 acres to the company at Falta Industrial Park, Kolkata, for its planned greenfield solar manufacturing facility. The new Read more

Flash News: Resonia close to winning Beed Parli intrastate-TBCB scheme in Maharashtra

Resonia Ltd is close to winning the intrastate-TBCB scheme in Maharashtra, having emerged as the L1 bidder. It is reliably learnt that Resonia Ltd has been named L1 bidder for an intrastate-TBCB scheme in Maharashtra, formally termed as ““Establishment Read more

Vikran Engineering wins Rs.150-crore substation extension order from PGCIL

Vikran Engineering Ltd has received an order worth over Rs.150 crore from Power Grid Corporation of India Ltd (PGCIL) relating to a substation extension project. In a release, Vikran Engineering said that the order, valued at Rs.153.76 crore, excluding Read more

PGCIL acquires project SPV of Barmer HVDC transmission scheme won under TBCB

Power Grid Corporation of India Ltd (PGCIL) has formally acquired the project SPV associated with the Barmer HVDC interstate transmission scheme that the Central PSU had won under the tariff-based competitive bidding (TBCB) mechanism. The formal transfer of the Read more

Eight in the race for 765kV Parli substation scheme in Maharashtra

As many as eight bidders are in the fray for building a 765kV substation at Parli in Beed district, under the tariff-based competitive bidding (TBCB) framework. Bid process coordinator REC Power Development & Consultancy Ltd ( Read more

Uttar Pradesh plans 33 substations in TBCB mode, STU releases five-year rolling plan

Uttar Pradesh has planned to develop 33 greenfield substations under the tariff-based competitive bidding (TBCB) framework, during the five-year period ending FY31. This plan covering substations of voltages 220kV or above is part of the “Five-Year STU Transmission Plan Read more

Pace Digitek subsidiary lands Rs.488-crore BESS order from NTPC JV

Lineage Power Pvt Ltd (LPPL), a subsidiary of Pace Digitek Ltd, has secured a major BESS-related order from NTPC GE Power Services Pvt Ltd. In a release, Pace Digitek said that LPPL has landed an order valued at Rs.4,88.46 Read more

Luminous Industries to nearly double capacity at Ranihati facility

Lumino Industries Ltd said that it was planning to nearly double the manufacturing capacity at its cable and conductor facility at Ranihati, Howrah district, West Bengal. In a release, Lumino Industries said the capacity of the Ranihati plant would Read more

GK Energy makes foray in BESS sector, wins project in Maharashtra

GK Energy Ltd has entered the battery energy storage system (BESS) segment by winning a project in Maharashtra under competitive bidding. In a release, GK Energy said that it has received a letter of award from state discom Maharashtra Read more