T&D News

Rajesh Power signs MoUs at Vibrant Gujarat Regional Conference 2025

Rajesh Power Services Ltd has signed multiple Memoranda of Understanding (MoU) with the Government of Gujarat on October 9, 2025 — the inaugural day of Vibrant Gujarat Regional Conference (VGRC) 2025.

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MSEDCL and Global Energy Alliance forge partnership for Maharashtra grid modernization

Maharashtra State Electricity Distribution Company Ltd (MSEDCL) and the Global Energy Alliance for People and Planet (The Alliance) have signed a statement of intent (SOI) to jointly modernize Maharashtra’s power distribution network.

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Lara-Raigarh reconductoring project approved under RTM

An ISTS scheme project involving re-conductoring of the existing 400kV double-circuit Lara STPS-I to Raigarh (Kotra) transmission line in Chhattisgarh has been approved for implementation under the regulated tariff mechanism (RTM) framework.

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Waaree Energies acquires controlling stake in Kotsons

Waaree Energies Ltd has acquired controlling equity stake in Rajasthan-headquartered transformer manufacturer Kotson’s Pvt Ltd (KPL).

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PGCIL seeks licence for two erstwhile TBCB schemes, now under RTM

Power Grid Corporation of India Ltd (PGCIL) is seeking transmission licence for an interstate transmission system (ISTS) scheme that is being implemented under the regulated tariff mechanism (RTM) route. This scheme represents the unified version of two erstwhile ISTS-TBCB schemes that failed to elicit developer response, now under the RTM framework.

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Shivalaya Construction set to enter power transmission development space

New Delhi-headquartered Shivalaya Construction Ltd is set to make its debut as a developer in the power transmission space.

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IEX volume grows 16 per cent in Q2FY26

IEX

Indian Energy Exchange (IEX) for the second quarter of the fiscal year 2026, achieved electricity traded volume of 35,217 MU (excluding TRAS), marking a 16.1 per cent year-on-year increase, IEX said in a release.

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SPVs incorporated for power transmission schemes under TBCB

Three special purpose vehicles have newly been incorporated for housing power transmission schemes that will be bid out under the tariff-based competitive bidding (TBCB) mechanism.

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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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