Posts by T&D India

Sterlite Power acquires project SPV for TBCB project in Rajasthan

  Sterlite Power has announced the acquisition of “Fatehgarh III Beawar Transmission Ltd”, a project special purpose vehicle (SPV) from bid process coordinator PFC Consulting Ltd (PFCCL). In a release, Sterlite Power said that through this project Read more

PGCIL incurs capex of over Rs.1,500 crore in Q1FY24

  Power Grid Corporation of India Ltd (PGCIL) has incurred capital expenditure of over Rs.1,500 crore during the first quarter (Q1: April to June) of FY24. In an investor presentation discussing the Read more

Genus Factory | T&D India

Genus Power incorporates SPVs for AMISP projects

  Genus Power & Infrastructures Ltd has incorporated special purpose vehicles for implementation of AMISP projects. In a stock exchange filing, Genus Power & Infrastructures Ltd said that it has incorporated a wholly-owned subsidiary “Genus Mizoram SPV Pvt Ltd” on Read more

Triveni Turbines: Order inflow up 27 per cent in Q1 of FY24

  Triveni Turbine Ltd has reported a year-on-year growth of around 27 per cent in its new order inflow during Q1 of FY24. In a release, Triveni Turbines said that it received order bookings of Rs.4.53 billion in Q1 of Read more

Jakson Group commissions solar power plant at AIIMS

  Jakson Group has commissioned a rooftop solar plant at the All India Institute of Medical Sciences (AIIMS), Delhi. In a release, Jakson Group said that this 9-kW project, on the rooftop of AIIMS Director’s Bungalow, has been developed under Read more

TN, Maharashtra among top states with highest discom dues

  Tamil Nadu and Maharashtra are the top two states with respect to dues payable to discoms, according to information tabled in Parliament. As of July 24, 2023, Tamil Nadu had current dues of Rs.5,118 crore – the highest among Read more

Bidding deadline extended for Koppal-Gadag ISTS scheme

    Bid process coordinator PFC Consulting Ltd (PFCCL) has extended the last date of submission of technical and financial bids for an ISTS scheme in Karnataka. PFCCL, in a recent notice, said that the Read more

Apar Industries: Cables business excels on export front

The cables business of Apar Industries did well on the exports front, accounting for more than half of the division’s revenue during Q1 of FY24.   Cables In an investor presentation filed on stock exchanges, Apar Industries said that exports contributed Read more

Mahadiscom | T&D India

Power ministry notifies new rules for state subsidy to discoms

  The Ministry of Power has recently notified new rules with respect to payment of subsidy by state governments to distribution companies. The new rules mandate that a quarterly report shall be submitted by the distribution licensee within thirty days Read more

PGCIL wins two ISTS schemes under TBCB mode

  Power Grid Corporation of India Ltd (PGCIL) has been declared successful bidder for developing two ISTS schemes. In a stock exchange communication, PGCIL said that on July 28, 2023, it received the letter of intent for developing two interstate Read more