Closely following the acquisition of two project SPVs relating to power evacuation schemes for upcoming Rajasthan solar energy zones, Power Grid Corporation of India Ltd (PGCIL) has announced the acquisition one more such project SPV.
Bid process coordinator REC Power Distribution Company Ltd has transferred two power transmission-related project special purpose vehicles to successful bidder Power Grid Corporation of India Ltd (PGCIL).
The Union power ministry has circulated a discussion paper on Market Based Economic Despatch (MBED) to all stakeholders concerned, and is soliciting comments and inputs by June 30, 2021.
Bajaj Electricals will focus on the illumination business, as part of its EPC activities. This is also reflected in lower order book of the other two EPC segments – transmission line towers (TLT) and power distribution (PD).
Power Grid Corporation of India Ltd (PGCIL) has commissioned over 500 ckm of transmission lines in April 2021, according to latest government statistics.
Maharashtra Electricity Regulatory Commission (MERC), in a recent suo moto order, has proposed the creation of a committee for close monitoring of upcoming projects aimed at strengthening the Mumbai power transmission network.
A Union power ministry release said that Power Grid Corporation of India Ltd has restored power supply to Diu, following emergency restoration works taken up on one of the two 220kV feeder lines in Gujarat, which were devastated in the Tauktae cyclone.