PGCIL

GE Vernova T&D India wins Rs.500-crore transformer mandate

GE Vernova T&D India Ltd has won orders valued at around Rs.500 crore from Power Grid Corporation of India Ltd (PGCIL) for the supply of transformers and reactors. In a regulatory filing, GE Vernova T&D India Read more

Two ISTS-TBCB schemes in Gujarat facing “single-bidder” status now proposed under RTM

Stuck with “single-bidder” status despite extension in bidding timelines, two ISTS-TBCB schemes will now come up under the regulated tariff mechanism (RTM) mode. In its latest meeting, National Committee on Transmission (NCT) proposed the deployment of RTM framework for Read more

PGCIL acquires two more ISTS-TBCB schemes, takes FY25 tally to 20

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

PGCIL teams up with Volks Energie for nickel-cadmium battery solutions

Power Grid Corporation of India Ltd (PGCIL), has awarded Volks Energie a project to deploy nickel-cadmium battery solutions at its substations. This project is seen helping PGCIL to move from relying on traditional VRLA/lead acid batteries to more reliable Read more

New entrant in power transmission development space

A new entrant is seen emerging in the power transmission development space, as seen from the initial bidding results of an ISTS-TBCB scheme housed under “Banaskantha Transco Ltd.” The new entrant is Gurugram-headquartered KCC Buildcon Pvt Ltd, which specializes Read more

PGCIL named successful bidder for two ISTS-TBCB schemes

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

MPPTCL

Skipper plans foray in substation EPC

Skipper Ltd has announced its plans of entering the substation EPC business with a view to diversify its offerings in the power T&D space. According to Sharan Bansal, Director, Skipper Ltd, the company has embarked on expanding its EPC Read more

PGCIL set to close FY25 with over 80 per cent growth in capex

Power Grid Corporation of India Ltd (PGCIL) has projected capital expenditure of Rs.23,000 crore in FY25, which would imply a growth of 84 per cent from the actual FY24 level of Rs.12,500 crore. Read more

Contracts for Ladakh HVDC project to be awarded in Q1FY26

Power Grid Corporation of India Ltd (PGCIL) expects to awards contracts for its mega HVDC scheme in Ladakh in the first quarter (Q1: April to June) of FY26. PGCIL is developing the project under the Read more

PGCIL wins Rs.3,500-crore transmission project in Karnataka

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