India Grid Trust (IndiGrid) has proposed to acquire the entire equity capital of Khargone Transmission Ltd (KTL) that owns an operational interstate transmission system.
Adani Transmission has won an interstate transmission system (ISTS) project under the tariff-based competitive bidding (TBCB) route, getting the better of four other contenders.
REC Ltd has signed non-binding MoUs with the governments of Uttar Pradesh and Madhya Pradesh to provide major financial assistance to power sector initiatives in these two states.
The outstanding dues of power utilities of state governments and UTs payable to Central PSUs stood at over Rs.20,000 crore, as per latest statistics released by Central Electricity Authority.
Sterlite Power has achieved financial closure for its Kishtwar transmission project in Jammu & Kashmir, which is being developed by its wholly-owned subsidiary Kishtwar Transmission Ltd.
Energy Efficiency Services Ltd (EESL) plans to install an additional 1.6 crore LED street lights under its Street Lighting National Programme (SLNP), by 2024.
The total electricity volume traded on Indian Energy Exchange (IEX) during December 2022 was 4 per cent higher than in December 2021, a release from IEX said.