National Grid | T&D India

Exchanges account for 49 pc of ST market in early months of FY22

 

Energy exchanges accounted for 49.3 per cent of India’s short term (ST) market in the early months of the current fiscal year, according to a presentation by Indian Energy Exchange (IEX).

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PFCCL transfers two project SPVs to Adani Transmission

Adani Trans 03 | T&D India

 

Bid process coordinator PFC Consulting Ltd (PFCCL) has transferred two project special purpose vehicles, related to TBCB-based power transmission schemes, to the winning developer Adani Transmission Ltd.

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Bajaj Electricals incorporates subsidiary for power T&D business

Rewa substation Bajaj | T&D India

 

Bajaj Electricals has announced the formation of a new wholly-owned subsidiary to undertake the business of power transmission & distribution.

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Fluence teams up with ReNew Power for energy storage solutions in India

Siemens Fluence Portugal LR1 | T&D India

 

Fluence and ReNew Power have announced an agreement to form a new company to meet the needs of local customers across India that will address the fast-developing energy storage market in India.

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SJVN earns incentive from hydropower projects under DSM

Nathpa Jhakri Control Room | T&D India

 

SJVN Ltd has earned Rs.34.40 crore as incentive under the Demand Settlement Mechanism (DSM), the company said in a release.

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Sterlite Power completes full transfer of residual ownership in IndiGrid

IndiGrid

 

Sterlite Power Transmission Ltd (Sterlite Power) has successfully completed the full transfer of its residual ownership in IndiGrid.

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PGCIL, Africa50 sign agreement for Kenya’s first PPP-based transmission lines

Kenya Transmission Line | T&D India

 

Power Grid Corporation of India Ltd (PGCIL) and Africa50 – the pan-African infrastructure investment platform – have signed a joint development agreement to develop the “Kenya Transmission Project.”

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PGCIL may construct dedicated line for Reliance’s Jamnagar petroleum refinery

RIL Jamnagar | T&D India

 

In a very recent order, Central Electricity Regulatory Commission (CERC) has given Reliance Industries Ltd (RIL) the option of approaching Power Grid Corporation of India Ltd (PGCIL) for constructing a dedicated power transmission line associated with Reliance’s petroleum refinery in Gujarat.

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Tangedco appoints PTC India as aggregator for 1,500-mw procurement

Thermal Power Plant | T&D India

PTC India, in a statement, said that state government power utility Tangedco has appointed it as aggregator for a 1,500-mw five-year power procurement drive for which the utility had floated tenders.

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PGCIL tops power PSUs in FY22 capex target achievement

PGCIL | T&D India

 

Power Grid Corporation of India Ltd (PGCIL) has been the best performer amongst Central power PSUs, in terms of achievement of capex targets for FY22, a government release said.

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