Posts by T&D India

IEX records 15 per cent growth in December 2023 volumes

    Indian Energy Exchange achieved 9,707 MU overall volume in December 2023, marking an increase of nearly 15 per cent over December 2022. In a release, IEX said that the exchange achieved an overall volume of 9,707 MU, inclusive of Read more

Our wide variety of Sterlite | T&D India

Sterlite Power wins orders worth Rs.2,000 crore in Q2FY24

    Sterlite Power has witnessed a substantial surge in orders for its Global Products and Services (GPS) business during Q2 of FY24, a company release said.   The orders, totaling around Rs.2,000 crore, signify a remarkable increase of Rs.700 crore as Read more

IndiGrid wins two ISTS schemes in TBCB mode

    India Grid Trust (IndiGrid) has received the letter of intent for two interstate transmission system (ISTS) schemes, won through the tariff-based competitive bidding (TBCB) mechanism. In a release, IndiGrid said that it has received letters of intent from REC Read more

Short Stories | T&D India

Short Stories: 2024

  Here is an ongoing summary of short news stories of 2024. These stories have not been covered elsewhere on this portal.    Indo Tech Transformers Ltd, a subsidiary of Shirdi Sai Electricals Ltd, has received a domestic order from an Read more

PGCIL approves fund raising through bonds

    The “Committee of Directors for Bonds” of Power Grid Corporation of India Ltd (PGCIL) has approved the raising of funds through issuance of non-convertible bonds. In a stock exchange communication, PGCIL said that the aforementioned committee that met on Read more

Green Hydrogen | T&D India

Torrent Power incorporates subsidiaries for clean energy business

    Torrent Power has announced the incorporation of two subsidiaries that would be engaged in the clean energy business. In stock exchange filings, Torrent Power said that it has formed two wholly-owned subsidiaries (WOS) that will cater to the clean Read more

NCT recommends TBCB route for eastern region expansion scheme

    The National Committee on Transmission (NCT), in its latest meeting, has recommended the implementation of a component of the “Eastern Region Expansion Scheme” under the TBCB route. Termed as “Eastern Region Expansion Scheme XXXIX” or “ERES XXXIX,” the scheme Read more

Record year for Power Grid Corporation of India

Techo Electric, GE T&D India win major orders

    In independent developments, Techo Electric & Engineering Ltd and GE T&D India have reported the winning of major orders in the power T&D space. In a stock exchange filing, Techno Electric said that it has received orders worth Rs.1750 Read more

Sterlite Power acquires Neemrana II Kotputli Transmission Ltd

    Sterlite Power has announced the acquisition of project SPV “Neemrana II Kotputli Transmission Ltd” from bid process coordinator PFC Consulting Ltd. The project was awarded to Sterlite Power through the tariff based competitive bidding (TBCB) process in November 2023.Through Read more

ISTS-TBCB schemes: PFCCL transfers three SPVs to winning developers

Bid process coordinator PFC Consulting Ltd (PFCCL) has transferred three project SPVs, incorporated for development of interstate transmission system (ISTS) schemes, to the respective winning bidders. In a stock exchange filing, Power Finance Corporation, the holding company of PFCCL, Read more