A new interstate transmission system (ISTS) scheme for integrating 3 GW from the Ananthapuram-II REZ in Andhra Pradesh has been proposed for development under the tariff-based competitive bidding (TBCB) mode. In a recent meeting, the National Read more
The National Committee on Transmission (NCT) has directed Central Electricity Authority (CEA) to finalize the transmission resource adequacy (RA) plan for Karnataka soon. The need for this RA plan arose when an interstate transmission system (ISTS) scheme to augment Read more
The Heavy Engineering arm of Larsen & Toubro (L&T) has despatched the fourth Steam Generator (SG) to the Kaiga Atomic Power Station in Karnataka, thus completing the delivery of a set of four SGs for one unit for Read more
Power Grid Corporation of India Ltd (PGCIL) has acquired two project special purpose vehicles for the development of as many interstate transmission system (ISTS) schemes. Both the two SPVs were acquired from bid process coordinator PFC Read more
Power Grid Corporation of India Ltd (PGCIL) has formally acquired two more project SPVs related to ISTS-TBCB schemes, taking its total tally in FY25 so far to twenty. On February 18, 2025, bid process coordinator REC Power Development & Read more
Power Grid Corporation of India Ltd (PGCIL) has been named as successful bidder under the tariff-based competitive bidding (TBCB) mechanism for two interstate transmission system (ISTS) schemes. In a stock exchange communication, PGCIL Read more
Power Grid Corporation of India Ltd (PGCIL) has won an interstate transmission project, valued at around Rs.3,500 crore, in Karnataka. In an investor conference held on February 5, 2025, R.K. Tyagi, Chairman & Managing Director, PGCIL, said that the Read more
Jsquare Electrical Steel Nashik Pvt Ltd has completed the acquisition of thyssenkrupp Electrical Steel India Pvt Ltd (tkES India). According to a release issued by JSW Steel, Jsquare Electrical Steel Nashik Pvt Ltd completed the acquisition of 100 per Read more
NTPC Ltd has planned to set up a CO2 battery energy storage project in collaboration with Triveni Turbine Ltd and Energy Dome, Italy. The project will be undertaken by NETRA – the R&D wing of NTPC Ltd. In a Read more
Bid process coordinator PFC Consulting Ltd (PFCCL), on January 16, 2025, transferred two project SPVs incorporated for the development of interstate transmission system (ISTS) schemes, to their respective winning bidders. In a stock exchange filing by Power Finance Corporation Read more