PGCIL
PGCIL commissions India’s first fully-digital substation
- Dec 29, 2020
Power Grid Corporation of India Ltd (PGCIL) recently commissioned a 400kV digital substation in Punjab, making it India’s first such. Reliable media reports indicate that the digital substation based on IEC 61850 Process Bus technology, was commissioned at Malerkotla Read more
TRIL expects Rs.68 crore relief in bank guarantees
- Dec 9, 2020
Transformers & Rectifiers (India) Ltd expects to get substantial relief in bank guarantees for existing and upcoming contracts from Power Grid Corporation of India Ltd, the transformer manufacturer said in a stock exchange filing. TRIL, in the communication, Read more
IndiGrid to acquire RInfra’s equity stake in Parbati Koldam Transmission Company
- Nov 30, 2020
India Grid Trust (IndiGrid) has announced that has signed a share purchase agreement to acquire 74 per cent equity stake in Parbati Koldam Transmission Company Ltd from Reliance Infrastructure Ltd (RInfra). In a stock exchange filing, IndiGrid said that Read more
PGCIL takes tally of remotely managed substations to 238
- Nov 16, 2020
During the second quarter (July to September) of FY21, Power Grid Corporation of India added three substations to its collection of remotely-managed substations under NTAMC/RTAMC, taking the total tally to 238, as of September 30, 2020. According to information Read more
PGCIL achieves asset capitalization of over Rs.10,000 crore in Q2 FY21
- Nov 13, 2020
Power Grid Corporation of India Ltd (PGCIL) has commissioned assets worth Rs.10,709 crore during the second quarter (July to September) of FY21. This, according to industry observes, could be amongst the highest capitalization achieved by PGCIL in any single Read more
PGCIL appoints Abhay Choudhary as Director (Projects)
- Nov 1, 2020
In a stock exchange filing, Power Grid Corporation of India said that Abhay Choudhary has assumed charge as Director (Projects) of the company, effective November 1, 2020. Choudhary’s tenure will extend up to June 30, 2024 (the date of Read more
Transmission line capacity addition rebounds in September 2020
- Oct 14, 2020
The country’s endeavour at building new transmission lines saw a marked upswing in September 2020. However, the performance of transformation capacity (substations) was in contrast. In September 2020, India saw the addition of as much as 4,203 ckm of Read more
Inadequate emphasis on “transfer capacity” by PGCIL, notes CAG
- Sep 21, 2020
The Comptroller Auditor General (CAG) in a recent report has observed that Power Grid Corporation of India Ltd (PGCIL) made its long-term plans only with respect to “transmission capacity” whereas it should have looked into “total transfer capacity” Read more
Power Minister lays stone for LILO of 400kV transmission line in Bihar
- Sep 14, 2020
Union Power Minister R.K. Singh laid the foundation stone for a 400kV transmission line in Bihar, through a virtual event, on September 13, 2020. The transmission line is the LILO (Line In, Line Read more
CCEA approves InvIT model for PGCIL asset monetization
- Sep 9, 2020
In a significant move, the Cabinet Committee on Economic Affairs (CCEA) has approved monetization of assets of Power Grid Corporation of India Ltd (PGCIL) through the Infrastructure Investment Trust (InvIT) model. Asset recycling is a key strategy of the Read more