PGCIL

PGCIL formalizes two joint venture agreements with Nepal Electricity Authority

Power Grid Corporation of India Ltd (PGCIL) has formalized joint venture agreements with Nepal Electricity Authority (NEA) for incorporation of two joint ventures companies formed for the development of Indo-Nepal power transmission lines. In a stock exchange filing, PGCIL Read more

PGCIL to upgrade Sasaram HVDC project, capacity to be doubled

Power Grid Corporation of India Ltd (PGCIL) will be upgrading the Sasaram HVDC project at an estimated investment of over Rs.3,000 crore. In a recent investor conference, R.K. Tyagi, Chairman & Managing Director, PGCIL, said that the Central PSU Read more

PGCIL targets Rs.20,000-crore capitalization in FY26

Power Grid Corporation of India Ltd (PGCIL) has targeted capitalization of Rs.20,000 crore for the current year FY26. Addressing an investor conference recently, R.K. Tyagi, Chairman & Managing Director, PGCIL , said that the company would achieve capitalization of Read more

Share of TBCB rising in PGCIL’s project pipeline

The share of TBCB projects in Power Grid Corporation of India Ltd’s (PGCIL) work-in-hand has risen appreciably over the years. According to an investor presentation released by PGCIL, Read more

PGCIL awaits final MCA order on merger of TBCB subsidiaries

Power Grid Corporation of India Ltd (PGCIL) is awaiting the final order from Ministry of Corporate Affairs (MCA) with respect to its proposal of merging 17 TBCB subsidiaries. It is learnt that MCA issued a notice Read more

PGCIL set to commission two Khavda RE evacuation schemes by December 2025

Power Grid Corporation of India Ltd (PGCIL) is scheduled to fully commission two ISTS-TBCB schemes, both involving RE evacuation from Khavda region in Gujarat, by December 2025. These two schemes will together add 959 ckm of 765kV transmission lines Read more

Toshiba delivers India’s first indigenous 220kV Mobile GIS system to POWERGRID

In a landmark achievement for India’s power transmission sector, country’s first indigenously manufactured 220kV Mobile Gas-Insulated Switchgear (m-GIS) System was delivered to Power Grid Corporation of India (POWERGRID) by Toshiba Transmission & Distribution Systems (India) Read more

PGCIL’s TBCB subsidiary gets licence for RTM project

Powergrid Kurawar Transmission Ltd, a TBCB subsidiary of Power Grid Corporation of India Ltd (PGCIL), has very recently received transmission licence for an interstate scheme that will be developed under the regulated tariff mechanism (RTM) Read more

PGCIL formally acquires two interstate schemes, takes FY26 tally to five

Power Grid Corporation of India Ltd (PGCIL) recently completed the formal acquisition of two project special purpose vehicles (SPV) corresponding to as many interstate transmission schemes that the Central PSU had won under the tariff-based competitive bidding (TBCB) Read more

Substation capacity addition up 74 per cent, but short of target

India’s substation capacity addition during the first half (H1: April to September) of FY26 was up 74 per cent, year-on-year, but still met only two-thirds of the planned addition. Latest statistics issued by Central Electricity Authority ( Read more