T&D News

Siemens Energy India to invest over Rs.2,000 crore in new transformer facility

Siemens Energy India Ltd has announced an investment of over Rs.2,000 crore in a new transformer manufacturing facility.

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PGCIL acquires Bellary Davanagere Transmission Ltd, its seventh interstate project SPV this fiscal

Power Grid Corporation of India Ltd (PGCIL) has acquired “Bellary Davanagere Transmission Ltd” from bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL). This is PGCIL’s seventh formal acquisition of a project SPV corresponding to an interstate transmission system (ISTS) scheme, awarded under the tariff-based competitive bidding (TBCB) route, in FY26 so far.

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CESC continues to record lower losses in power distribution business

CESC Ltd has maintained its trend of lower T&D losses in its power distribution business during the first nine months (9M: April to December) of FY26.

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IndiGrid plans capex of nearly Rs.7,500 crore across power transmission and BESS

IndiGrid Infrastructure Trust (IndiGrid) has planned capital expenditure of nearly Rs.7,500 crore across its power transmission and BESS projects, including those of EnerGrid.

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Montecarlo wins LoI for intrastate scheme in Maharashtra, debuts in TBCB space

Ahmedabad-headquartered infrastructure development company Montecarlo Ltd has received the letter of intent for an intrastate-TBCB scheme in Maharashtra, marking the company’s debut in the power transmission development space.

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Genus Power sees accelerated smart metering project execution in Q3FY26

Genus Power Infrastructures Ltd witnessed accelerated execution of its smart metering projects under the Revamped Distribution Sector Scheme (RDSS), during the third quarter (Q3: October to December) of FY26.

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Bidding initiated for India’s first syncon project under TBCB

Bid process coordinator PFC Consulting Ltd (PFCCL) has newly initiated bidding for India’s first ISTS scheme under TBCB, involving installation of synchronous condensers (SynCon).

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Genus Power Surpasses 1-crore smart meter milestone as AMISP under RDSS

Genus Power has achieved a significant milestone in India’s smart metering journey by deploying 1 crore smart meters under Revamped Distribution Sector Scheme (RDSS) across major discoms as a leading AMISP (Advanced Metering Infrastructure Service Provider).

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PGCIL to upgrade critical lines in Tamil Nadu under Rs.1,800-crore RTM project

Power Grid Corporation of India Ltd (PGCIL) has been assigned two projects, under the regulated tariff mechanism (RTM) framework, for upgrade of two critical lines in Tamil Nadu. The total estimated outlay is over Rs.1,800 crore.

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Torrent Power records lower distribution losses in most areas

Torrent Power recorded lower distribution losses across most of its licensed and franchised distribution areas during the first three quarters (9M: April to December) of FY26.

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