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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.
Power Grid Corporation of India Ltd (PGCIL) staged a smart recovery in its project capitalization during the third quarter (Q3: October to December) of FY26, even inspiring the Central PSU to upwardly revise its FY26 guidance by 10 per cent.
The newly-released Draft National Electricity Policy – 2026 has recommended pathbreaking measures that will hive off certain activities of state transmission companies (transcos) so that they function purely as transmission service providers (TSP). Here is an analysis.