Sterlite Electric plans IPO, files DRHP with SEBI

Sterlite Electric Ltd (formerly, Sterlite Power Transmission Ltd), has filed its Draft Red Herring Prospectus (DRHP) with the Securities & Exchange Board of India (SEBI) for an Initial Public Offering (IPO).

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PGCIL wins SR-WR interregional scheme under TBCB

Power Grid Corporation of India Ltd (PGCIL) has won an ISTS scheme “Interregional strengthening between SR Grid and WR Grid” under the tariff-based competitive bidding (TBCB) framework.

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DICABS Nextgen Special Alloys commissions second rod mill at Vadodara facility

DICABS Nextgen Special Alloys Pvt Ltd, a wholly-owned subsidiary of Diamond Power Infrastructure Ltd (DIPL), has commissioned the second rod mill at its Vadodara facility in Gujarat.

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G R Infraprojects formally acquires Rajgarh Neemuch transmission scheme

G R Infraprojects Ltd (GRIL) has formally acquired “Rajgarh Neemuch Transmission Ltd” from bid process coordinator REC Power Development & Consultancy Ltd.

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Interstate transmission scheme proposed for green hydrogen plants in Vizag

A major interstate transmission system (ISTS) scheme has recently been approved by the National Committee on Transmission (NCT) that will help transmit renewable energy to upcoming green hydrogen/green ammonia plants in Visakhapatnam, Andhra Pradesh.

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CERC approves transmission tariff of WRNES Talegaon scheme

Central Electricity Regulatory Commission (CERC) has adopted and approved the annual transmission charges (tariff) associated with an ISTS-TBCB scheme housed under “WRNES Talegaon Power Transmission Ltd,” a subsidiary of Adani Energy Solutions Ltd (AESL).

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Maharashtra lines up more intrastate schemes under TBCB

Mahan Sipat | T&D India

At least three more intrastate transmission system (InSTS) schemes are being planned in Maharashtra, under the tariff-based competitive bidding (TBCB) framework.

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RECPCDL incorporates SPV for interstate transmission scheme in Karnataka

Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has incorporated a wholly-owned subsidiary that will act as a project special purpose vehicle (SPV) for development of an ISTS scheme associated with renewable energy evacuation in Karnataka.

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Resurgent Power set to fully commission acquired interstate transmission scheme

Resurgent Power Ventures is likely to soon fully commission an ISTS scheme housed under “NRSS XXXVI Transmission Ltd” that it had acquired from its original developer Essel Infraprojects Ltd.

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Mehru signs agreement with Hyosung for GIS instrument transformers

Mehru Electrical & Mechanical Engineers Pvt Ltd, a material subsidiary of Quality Power Electrical Equipments Ltd. (QPEEL), has announced the signing of a landmark co-development agreement with Hyosung T&D India Pvt Ltd, a wholly-owned subsidiary of Hyosung Heavy Industries Corporation, Korea, for gas- insulated switchgear (GIS) instrument transformers.

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