Power Grid Corporation of India Ltd (PGCIL) has been assigned a project for re-conductoring of existing 400kV lines in West Bengal, under the regulated tariff mechanism (RTM) framework. A decision to this effect was taken at the latest meeting Read more
Power Grid Corporation of India Ltd (PGCIL) is most likely to win a major interregional transfer scheme under the tariff-based competitive bidding (TBCB) route. According to a reliable industry source, PGCIL has emerged as L1 bidder for an ISTS-TBCB Read more
The Maharashtra Transmission Committee (MTC) recently approved a proposal of upgrading the existing 220kV Mahalakshmi substation to 400kV level with a view to providing a robust 400kV system to south Mumbai. The project, estimated to cost Rs.1,295 crore, will Read more
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On the cusp of a massive upgrade, India’s power transmission sector is providing immense business opportunity to developers, contractors and equipment suppliers. However, signs of supply chain crunch are being felt, particularly with respect to high-voltage transformers where Read more
Quality Power Electrical Equipments Ltd (QPE) announced that it executed a term sheet to acquire 100 per cent of the equity share capital of Winwin Speciality Insulators Ltd The transaction is subject to customary due diligence, statutory and regulatory Read more
Power Grid Corporation of India Ltd (PGCIL) and H.G. Infra Engineering Ltd (HGIEL) are set to emerge winners for one interstate-TBCB scheme each. Both the entities have emerged L1 for their respective schemes, according to a reliable industry source. PGCIL Read more
Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has qualified six aspirants, based on their technical bids, for opening of initial price bids for an interregional scheme under TBCB. The scheme under discussion is Read more
Adani Energy Solutions Ltd (AESL) has executed a binding securities purchase and subscription agreement (SPSA) to acquire a 100 per cent equity stake in IntelliSmart Infrastructure Pvt Ltd. A joint venture between National Investment & Infrastructure Fund (NIIF) and Read more
The European Investment Bank (EIB) is providing 24 million Euros in financing to Wirepas, a Finnish deep-tech company developing wireless connectivity for large-scale industrial Internet of Things (IoT) applications. Wirepas will use the EIB backing to bolster research, development Read more