T&D News

PGCIL receives letter of intent for two ISTS-TBCB schemes

Power Grid Corporation of India Ltd (PGCIL) has been named successful bidder for two interstate transmission system (ISTS) schemes, under the tariff-based competitive bidding (TBCB) mode.

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Sterlite Grid 32 Ltd refinances Mumbai Ujra Marg project

Sterlite Gujarat FIO | T&D India

Sterlite Grid 32 Ltd (SGL32) has successfully refinanced its Mumbai Urja Transmission Limited (‘MUML’) Project by way of listed non-convertible debentures.

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IEX achieves its all-time high monthly volume in December 2024

IEX

Indian Energy Exchange (IEX) achieved highest ever monthly electricity traded volume of 11,132MU in December 2024, marking a 29 per cent increase year-on-year.

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PGCIL, Megha Engineering in the fray for Bidar ISTS scheme in Karnataka

Only two contenders – Power Grid Corporation of India Ltd (PGCIL) and Megha Engineering & Infrastructures Ltd (MEIL) – are in the fray for the Bidar pooling station augmentation scheme in Karnataka.

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Bidding underway for intrastate transmission scheme in J&K

Bidding has recently begun for development of an intrastate transmission system (InSTS) scheme in the Union territory of Jammu & Kashmir, under the tariff-based competitive bidding (TBCB) mode.

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Over 10,000 ckm of transmission lines added in 2024

KPTL Adani Transmission Line | T&D India

A government release, in a year-end review of the Union power ministry, observed that over 10,000 ckm of new transmission lines (of 220kV or above) were commissioned in calendar year 2024 (January to December).

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PGCIL incorporates JV for intrastate grid development in Rajasthan

Linxon SS Tata Power Solar Rajasthan | T&D India

Power Grid Corporation of India Ltd (PGCIL) has newly incorporated a joint venture for development of Rajasthan’s intrastate power grid.

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CERC grants transmission licence to Khavda IV-A Power Transmission

Central Electricity Regulatory Commission (CERC) has granted transmission licence to Khavda IV A Power Transmission Ltd, a TBCB-subsidiary of Adani Energy Solutions Ltd (AESL).

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PGCIL sells residual stake in four associate companies to PGInvIT

Power Grid Corporation of India Ltd (PGCIL) has sold its residual stake in four associate companies to Power Grid Infrastructure Investment Trust (PGInvIT).

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RECPDCL formally transfers “Rajasthan IV 4B Power Transmission” to DRAIPL

Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has formally transferred project SPV “Rajasthan IV 4B Power Transmission Ltd” to the winning developer Dineshchandra R. Agarwal Infracon Pvt Ltd (DRAIPL).

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