Posts by Venugopal Pillai

We are very bullish on India’s solar growth story: Aerem Group

Founded in 2021, Mumbai-headquartered Aerem Group is a Mumbai-headquartered “FinTech for CleanTech” company, specializing in full-stack solutions for rooftop and distributed solar adoption. It currently empowers over 2,000 EPCs, MSMEs, and households, enabling 1,200+ MW solar capacity with Read more

Evacuation of 900 GW non-fossil capacity will see Rs.8 trillion investment by FY32

In a newly-released report, Central Electricity Authority (CEA) has estimated that an investment of nearly Rs.8 trillion will be required during the ten-year period from FY27 to FY36, for evacuation of 900 GW of non-fossil Read more

Chhattisgarh adopts TBCB route for intrastate grid development

Chhattisgarh has joined the growing list of states to adopt the tariff-based competitive bidding (TBCB) framework for development of intrastate transmission projects. It is reliably learnt that Chhattisgarh will soon be floating bids from potential developers Read more

PGCIL raises FY26 capex guidance further to Rs.35,000 crore

Power Grid Corporation of India Ltd (PGCIL) has further upwardly revised its capital expenditure (capex) guidance for FY26 (full year) to Rs.35,000 crore. Interestingly, the Central PSU has already overshot this level, as of March 22, 2026. PGCIL, in Read more

New interstate transmission scheme proposed for pumped storage projects in Satara region

A new interstate transmission system (ISTS) scheme enabling transfer of up to 4,500 MW for upcoming pumped storage projects (PSP) in the Satara region of Maharashtra has been proposed for implementation under the TBCB route. The Read more

New 765kV corridor planned in Eastern Region Grid

A new 765kV corridor has been planned in the Eastern Region (ER) Grid that will eventually form an intraregional 765kV ring, in conjunction with existing lines. To this effect, the National Committee on Transmission (NCT), in Read more

Extension in completion timelines proposed for under-bidding RE evacuation schemes

The National Committee on Transmission (NCT) has proposed extension in implementation timeframe for ISTS schemes involving RE evacuation, which are currently under bidding. While extension has been granted presently for under-bidding schemes, it is likely that Read more

We are closely evaluating opportunities in the intrastate transmission space: Apraava Energy

Apraava Energy recently commissioned its first greenfield power transmission project, overcoming acute execution challenges. In this exclusive interaction, Naveen Munjal, Director – Business Development & Commercial, Apraava Energy, takes us through the newly-commissioned Fatehgarh-IV project and shares the Read more

Two intrastate-TBCB schemes in Maharashtra transferred to winning developers

Bid process coordinator PFC Consulting Ltd (PFCCL), on March 12, 2026, formally transferred two intrastate transmission system (InSTS) schemes to their respective winners – Power Grid Corporation of India Ltd (PGCIL) and Montecarlo Ltd – Read more

Healthy addition to ISTS network in February 2026

The intrastate transmission system (ISTS) network witnessed significant addition of infrastructure – both transmission lines and transformation capacity – during February 2026, official statistics suggest. According to latest statistics released by Central Electricity Authority (CEA), February 2026 saw 1,262 Read more