PGCIL
PGCIL estimates works in hand at over Rs.50,000 crore
- Aug 27, 2020
Power Grid Corporation of India (PGCIL) has estimated that it currently has works on hand worth Rs.51,000 crore, which will be the backbone of its capital expenditure plan for the coming years. According to an investor presentation of PGCIL Read more
PGCIL sees lower profits due to discom provisioning
- Aug 12, 2020
The net profit of Power Grid Corporation of India declined 17 per cent during the first quarter (April to June) of FY21, due to extraordinary provisioning towards discoms. PGCIL reported a net profit (classified as “total comprehensive income”) of Read more
PGCIL board approves investment in ERSS-XXIII
- Jul 14, 2020
The board of directors of Power Grid Corporation of India Ltd (PGCIL) has accorded investment approval to Eastern Region Strengthening Scheme – XXIII. According to a stock exchange filing, the board of PGCIL, in its meeting held on July Read more
PGCIL’s order intake in FY20 sees RTM-TBCB balance
- Jun 26, 2020
Power Grid Corporation of India (PGCIL)’s order inflow of Rs.13,414 crore in FY20 was equally balanced between RTM (regulated tariff mechanism) and TBCB (tariff-based competitive bidding) power transmission projects. According to an investor presentation of PGCIL, accompanying the annual Read more
PGCIL pegs capex lower at Rs.10,500 crore for FY21
- Jun 25, 2020
With the first quarter of FY21 ending with little economic activity, Power Grid Corporation of India (PGCIL) has pegged its capital expenditure for the year much lower at Rs.10,500 crore, as against Rs.15,313 crore in FY20. As of March Read more
Raigarh-Pugalur HVDC line expected by December 2020
- Jun 24, 2020
Power Grid Corporation of India expects to complete the 800kV Raigarh-Pugalur HVDC line by December 2020, the Central PSU said in an investor presentation. During FY20, PGCIL completed the low-power testing of the aforementioned bipolar HVDC link while the Read more
PGCIL sees no material impact of COVID-19 in FY20
- Jun 21, 2020
Being in the essential service of electricity, Power Grid Corporation of India did not see any impact of the COVID-19 lockdown in FY20. However, the impact assessment of COVID-19 is a continuing process given the uncertainties associated with Read more
CTU operations of PGCIL to be hived off
- Jun 18, 2020
In a very significant move, the Union ministry of power has directed Power Grid Corporation of India (PGCIL) to hive off its operations as the “Central Transmission Utility” (CTU) into a separate entity. The move to separate the CTU Read more
PGCIL fixes quantum of one-time rebate to discoms
- Jun 11, 2020
Power Grid Corporation of India, in a communication to stock exchanges, has informed that it has fixed the quantum of the one-time rebate that it would be extending to discoms. In its board meeting held on June 6, 2020, Read more
GE wins its first 765kV GIS order from PGCIL
- Feb 7, 2020
GE T&D India Ltd has been awarded a contract by the Power Grid Corporation of India Ltd for constructing 765kV gas-insulated substation (GIS) bays at Phagi in Jaipur district of Rajasthan. This is GE’s first 765 kV GIS Read more