Sterlite Grid 32 Ltd (SGL32) has successfully refinanced its Mumbai Urja Transmission Limited ('MUML') Project by way of listed non-convertible debentures. It may be recalled that the infrastructure business of Sterlite Power Transmission Ltd was demerged into Sterlite Grid Read more
Indian Energy Exchange (IEX) achieved highest ever monthly electricity traded volume of 11,132MU in December 2024, marking a 29 per cent increase year-on-year. During the month, IEX traded 16.62 lakh renewable energy certificates Read more
Only two contenders – Power Grid Corporation of India Ltd (PGCIL) and Megha Engineering & Infrastructures Ltd (MEIL) – are in the fray for the Bidar pooling station augmentation scheme in Karnataka. It is reliably learnt that PGCIL and Read more
Bidding has recently begun for development of an intrastate transmission system (InSTS) scheme in the Union territory of Jammu & Kashmir, under the tariff-based competitive bidding (TBCB) mode. Bid process coordinator PFC Consulting Ltd (PFCCL) has Read more
A government release, in a year-end review of the Union power ministry, observed that over 10,000 ckm of new transmission lines (of 220kV or above) were commissioned in calendar year 2024 (January to December). Here are highlights of the Read more
Power Grid Corporation of India Ltd (PGCIL) has newly incorporated a joint venture for development of Rajasthan’s intrastate power grid. In a stock exchange filing, PGCIL said that the two-way joint venture named “Rajasthan Power Grid Transmission Company Ltd Read more
Central Electricity Regulatory Commission (CERC) has granted transmission licence to Khavda IV A Power Transmission Ltd, a TBCB-subsidiary of Adani Energy Solutions Ltd (AESL). In its recent order, CERC granted transmission licence that will remain in Read more
Power Grid Corporation of India Ltd (PGCIL) has sold its residual stake in four associate companies to Power Grid Infrastructure Investment Trust (PGInvIT). In a stock exchange filing, PGCIL said that it has sold its entire 26 per cent Read more
Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has formally transferred project SPV “Rajasthan IV 4B Power Transmission Ltd” to the winning developer Dineshchandra R. Agarwal Infracon Pvt Ltd (DRAIPL). DRAIPL emerged as the successful bidder under Read more