PGCIL moves closer to winning Lakadia-II ISTS-TBCB scheme, part of Gujarat 14-GW RE evacuation plan

Power Grid Corporation of India Ltd (PGCIL) is moving closer to acquiring the Lakadia-II interstate transmission system (ISTS) scheme, having emerged L1 in the e-reverse auction (e-RA). It is reliably learnt that PGCIL emerged L1 in the recently-concluded e-RA Read more

PGCIL formally acquires project SPV of India’s first pure SynCon project under TBCB

Power Grid Corporation of India Ltd (PGCIL) has formally acquired the project SPV housing India’s first TBCB scheme purely involving installation of synchronous condensers. In a regulatory filing, PGCIL said that the project SPV “Fatehgarh II Transmission Ltd” was Read more

PGCIL clinches Barmer HVDC scheme with winning tariff quote of over Rs.3,200 crore

Power Grid Corporation of India Ltd (PGCIL) has won the Barmer HVDC interstate transmission system (ISTS) scheme, under TBCB, with a winning tariff quote of over Rs.3,200 crore. A very reliable source indicated that PGCIL won the project having Read more

PGCIL wins Jam Khambhaliya REZ interstate-TBCB scheme, receives letter of intent

Power Grid Corporation of India Ltd (PGCIL) has been declared as winner of the Jam Khambhaliya REZ interstate-TBCB scheme in Gujarat. In a brief stock exchange filing, PGCIL said that it has been declared as successful bidder under TBCB Read more

Substation capacity addition in 4MFY27 meets two-thirds of target, PGCIL makes biggest contribution

India’s transformation capacity addition during the first four months (4M: April to July) of FY27 was two-thirds of the planned quantum. Power Grid Corporation of India Ltd (PGCIL), with 16 GVA of new capacity, made Read more

PGCIL most likely to clinch Jam Khambhaliya REZ ISTS-TBCB scheme

Power Grid Corporation of India Ltd (PGCIL) is on its way to winning the Jam Khambhaliya REZ interstate scheme in Gujarat, under the tariff-based competitive bidding (TBCB) mechanism. An informed source said that PGCIL has emerged as L1 bidder Read more

Top three in the race for 765kV Pune-West intrastate-TBCB scheme in Maharashtra

The top three players are in the race for an intrastate-TBCB scheme in Maharashtra, entailing building of a 765kV GIS substation near Pune. It is learnt that bid process coordinator PFC Consulting Ltd has recently shortlisted the three most Read more

Five in the fray for Barmer HVDC interstate-TBCB scheme

Five developers have qualified for opening of initial price bids for the mega Barmer HVDC scheme, under the tariff-based competitive bidding mechanism. Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) recently qualified five bidders, Read more

Bajel Projects wins one more order for PGCIL’s WR-ER interstate scheme

Bajel Projects Ltd has announced the winning of a new order related from WR ER Part A Power Transmission Ltd, a TBCB subsidiary of Power Grid Corporation of India Ltd (PGCIL). In a stock exchange filing, Read more

PGCIL set to expand its intrastate-TBCB footprint to Karnataka

Power Grid Corporation of India Ltd (PGCIL) is set to expand its intrastate-TBCB footprint to Karnataka. PGCIL has recently been named L1 bidder to develop the Humnabad intrastate scheme under the tariff-based competitive bidding (TBCB) mechanism. Confirming the development to Read more