Posts by Venugopal Pillai

Major upgrade proposed for antiquated Pedhambe-Apta transmission line in Maharashtra

The 220kV Pedhambe-Apta transmission line of state transco Maharashtra State Electricity Transmission Company Ltd (MSETCL) is coming up for a major upgrade – a proposal that was approved in a recent meeting of Maharashtra Transmission Read more

PGCIL clinches Barmer HVDC scheme with winning tariff quote of over Rs.3,200 crore

Power Grid Corporation of India Ltd (PGCIL) has won the Barmer HVDC interstate transmission system (ISTS) scheme, under TBCB, with a winning tariff quote of over Rs.3,200 crore. A very reliable source indicated that PGCIL won the project having Read more

KEI Industries outlines medium-term capex of Rs.600-700 crore per year

KEI Industries has planned capital expenditure of Rs.600 crore to Rs.700 crore per year, in the medium term, according to the company’s senior management. Addressing an investor call discussing its Q1FY27 performance, the top management of KEI Industries Ltd Read more

Substation capacity addition in 4MFY27 meets two-thirds of target, PGCIL makes biggest contribution

India’s transformation capacity addition during the first four months (4M: April to July) of FY27 was two-thirds of the planned quantum. Power Grid Corporation of India Ltd (PGCIL), with 16 GVA of new capacity, made Read more

PGCIL most likely to clinch Jam Khambhaliya REZ ISTS-TBCB scheme

Power Grid Corporation of India Ltd (PGCIL) is on its way to winning the Jam Khambhaliya REZ interstate scheme in Gujarat, under the tariff-based competitive bidding (TBCB) mechanism. An informed source said that PGCIL has emerged as L1 bidder Read more

Top three in the race for 765kV Pune-West intrastate-TBCB scheme in Maharashtra

The top three players are in the race for an intrastate-TBCB scheme in Maharashtra, entailing building of a 765kV GIS substation near Pune. It is learnt that bid process coordinator PFC Consulting Ltd has recently shortlisted the three most Read more

Aggregate tariff of PGCIL’s recent TBCB schemes pegged at over Rs.2,200 crore per year

The aggregate tariff associated with TBCB schemes won by Power Grid Corporation of India Ltd (PGCIL) in the early months of FY27, stands at over Rs.2,200 crore. Addressing an investor call concerning the company’s Q1FY27 performance, Read more

Five in the fray for Barmer HVDC interstate-TBCB scheme

Five developers have qualified for opening of initial price bids for the mega Barmer HVDC scheme, under the tariff-based competitive bidding mechanism. Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) recently qualified five bidders, Read more

Adani Energy moves closer to acquiring Satara transmission scheme, its second ISTS-TBCB project in FY27

Adani Energy Solutions Ltd (AESL) has come very close to acquiring the Satara pumped storage transmission scheme, potentially making it the Adani Group entity’s second ISTS-TBCB win in FY27 so far. A very reliable industry source confirmed to tndindia.com Read more

Bihar adopts TBCB philosophy for intrastate grid development

Bihar has joined the growing list of states in adopting the tariff-based competitive bidding (TBCB) mechanism for development of its intrastate grid. Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) recently began the bidder selection process for Read more