PGCIL

PGCIL records 11 per cent capex growth in Q1FY27, capitalization trebles

Power Grid Corporation of India Ltd (PGCIL) has recorded a 11 per cent year-on-year growth in capital expenditure (capex) during the first quarter (Q1: April to June) of FY27. According to an investor Read more

One new entrant among six qualified for Lakadia-A interstate-TBCB scheme

Bid process coordinator PFC Consulting Ltd (PFCCL) has qualified six bidders, including a new entrant, for opening of initial price bids for the Lakadia-A ISTS-TBCB scheme taking shape in Gujarat. The scheme is referred to as Read more

Major interstate scheme planned in Madhya Pradesh for thermal and RE evacuation

A major interstate transmission system (ISTS) scheme has been proposed in Madhya Pradesh, which will address evacuation of both thermal power and renewable energy. The scheme, termed as “Common transmission system augmentation for evacuation of power from 2x800-MW Gadarwara-II Read more

PGCIL accounts for over half of transmission line addition in Q1FY27

Power Grid Corporation of India Ltd (PGCIL) accounted for over half of the total transmission line network commissioned in the first quarter (Q1: April to June) of FY27, official statistics suggest. According to latest statistics released by Central Electricity Read more

PGCIL, EnerGrid formally acquire project SPVs of ISTS-TBCB schemes

Power Grid Corporation of India Ltd (PGCIL) and EnerGrid, on July 29, 2026, formally acquired project SPVs of ISTS schemes that the two developers had won under the tariff-based competitive bidding (TBCB) mechanism. These SPVs were incorporated as wholly-owned Read more

Merger of TBCB subsidiaries: PGCIL progresses with second phase

Power Grid Corporation of India Ltd (PGCIL) is progressing with the second phase of restructuring its wholly-owned TBCB subsidiaries. PGCIL has filed two petitions in this regard with Central Electricity Regulatory Commission (CERC) and the same Read more

PGCIL wins India’s first pure SynCon project under TBCB

Power Grid Corporation of India Ltd (PGCIL) has won India’s first ISTS-TBCB scheme purely dedicated to installation of synchronous condensers (SynCon). In a brief regulatory filing, PGCIL said that it has been selected as the winning developer for the Read more

PGCIL commissions Khavda RE evacuation scheme component under RTM

Power Grid Corporation of India Ltd (PGCIL) has announced the commissioning of an interstate transmission system (ISTS) scheme relating to evacuation of RE power from Khavda area in Gujarat. In a brief stock exchange filing, PGCIL Read more

PGCIL receives letters of intent for two ISTS-TBCB schemes

Power Grid Corporation of India Ltd (PGCIL) has received letters of intent for development of two interstate transmission system (ISTS) schemes for which it emerged as winning developer under the tariff-based competitive bidding (TBCB) mechanism. In brief stock exchange Read more

PGCIL to upgrade Udumalpet-Madurai transmission line in Tamil Nadu

Power Grid Corporation of India Ltd (PGCIL) has planned to upgrade the Udumalpet-Madurai transmission line in Tamil Nadu. The 400kV Udumalpet-Madurai line is currently a single-circuit one and the plan will involve converting the same to a 400kV double-circuit Read more