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Adani Energy bankrolls $1-billion Mumbai HVDC link project

Adani Energy Solutions Ltd (AESL) has announced successful financial closure for its $1-billion Mumbai HVDC link project

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PGCIL will surpass FY24 capex target, says CMD

 

Power Grid Corporation of India Ltd (PGCIL) will surpass the capital expenditure (capex) target for FY24, the company’s CMD said.

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Arunachal Pradesh gets its first GIS substation

A new gas-insulated switchgear (GIS) substation was recently commissioned in Arunachal Pradesh – the first such for the northeastern state.

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Apraava Energy debuts in greenfield power transmission development space

Apraava Energy has won its first set of greenfield projects in the power transmission development space.

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Sterlite Power acquires project SPV for TBCB project in Rajasthan

 

Sterlite Power has announced the acquisition of “Fatehgarh III Beawar Transmission Ltd”, a project special purpose vehicle (SPV) from bid process coordinator PFC Consulting Ltd (PFCCL).

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PGCIL incurs capex of over Rs.1,500 crore in Q1FY24

 

Power Grid Corporation of India Ltd (PGCIL) has incurred capital expenditure of over Rs.1,500 crore during the first quarter (Q1: April to June) of FY24.

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Genus Power incorporates SPVs for AMISP projects

Genus Factory | T&D India

 

Genus Power & Infrastructures Ltd has incorporated special purpose vehicles for implementation of AMISP projects.

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TN, Maharashtra among top states with highest discom dues

 

Tamil Nadu and Maharashtra are the top two states with respect to dues payable to discoms, according to information tabled in Parliament.

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Bidding deadline extended for Koppal-Gadag ISTS scheme

 

 

Bid process coordinator PFC Consulting Ltd (PFCCL) has extended the last date of submission of technical and financial bids for an ISTS scheme in Karnataka.

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Power ministry notifies new rules for state subsidy to discoms

Mahadiscom | T&D India

 

The Ministry of Power has recently notified new rules with respect to payment of subsidy by state governments to distribution companies.

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