Posts by T&D India

Sterlite

Sterlite Power Acquires Vapi-II North Lakhimpur Transmission Ltd from PFC

Sterlite Power has announced the acquisition of Vapi II North Lakhimpur Transmission Ltd (VNLTL), a special purpose vehicle from PFC Consulting Ltd. WRSS-XIX and NERSS-IX will serve the growing power needs of Mumbai region, and improve renewable power availability Read more

Adani

Adani wins Maharashtra transmission line in TBCB mode

Adani Transmission Ltd has signed a share purchase agreement and completed the acquisition of the special purpose vehicle Kharghar Vikhroli Transmission Pvt Ltd (KVTPL), incorporated by Maharashtra State Electricity Transmission Company Ltd. This project is critical to Mumbai as Read more

PGCIL

PGCIL’s order intake in FY20 sees RTM-TBCB balance

Power Grid Corporation of India (PGCIL)’s order inflow of Rs.13,414 crore in FY20 was equally balanced between RTM (regulated tariff mechanism) and TBCB (tariff-based competitive bidding) power transmission projects. According to an investor presentation of PGCIL, accompanying the annual Read more

ABB

ABB signs MoU with NIT, Warangal for smart grid technology education

ABB Power Grids India has signed an MoU with National Institute of Technology, Warangal (NITW) for cooperation to drive smart electric grid technology education, skills development and research activities. For a nation-wide smart electric grid, India’s education system and Read more

Essar

PFC registers strong performance in FY20

Power Finance Corporation ended FY20 on a strong note despite numerous challenges including outbreak of COVID 19. The lending institution recorded loan sanctions of more than Rs. 1 lakh crore and loan disbursements of about Rs.68,000 crore in FY20. The Read more

Siemens

Siemens, Salesforce forge partnership to deliver safe workplaces

Salesforce and Siemens have announced a strategic partnership to develop a new workplace technology suite that will support businesses globally to safely reopen and deliver the future experience for physical workplaces. The partnership will combine Salesforce's Work.com, powered by Read more

RWE

RWE adopts Siemens technology for power plant monitoring

RWE is making its power station control system fit for the future by adopting a new technology. Optime, a new SCADA system based on Siemens Spectrum Power, gives RWE a uniform control technology. By connecting numerous small units, RWE Read more

TBCB

PGCIL pegs capex lower at Rs.10,500 crore for FY21

With the first quarter of FY21 ending with little economic activity, Power Grid Corporation of India (PGCIL) has pegged its capital expenditure for the year much lower at Rs.10,500 crore, as against Rs.15,313 crore in FY20. As of March Read more

Mercom

Mixed impact of REC floor price removal, feels ICRA

ICRA feels that reduction in REC prices will negatively impact REC-registered projects while it is a positive for obligated entities like discoms. Central Electricity Regulatory Commission (CERC) vide its order dated June 17, 2020 reduced the forbearance prices and Read more

HVDC

Raigarh-Pugalur HVDC line expected by December 2020

Power Grid Corporation of India expects to complete the 800kV Raigarh-Pugalur HVDC line by December 2020, the Central PSU said in an investor presentation. During FY20, PGCIL completed the low-power testing of the aforementioned bipolar HVDC link while the Read more