PGCIL, Resonia acquire interstate schemes under TBCB

Power Grid Corporation of India Ltd (PGCIL) and Resonia Ltd, in independent developments, have formally acquired one interstate transmission system (ISTS) scheme each, under the tariff-based competitive bidding (TBCB) framework. The project SPVs were formally acquired from bid process Read more

PGCIL keen to explore Africa PPP projects, domestic BESS opportunities

Power Grid Corporation of India Ltd (PGCIL) has identified PPP-related opportunities in African nations, and domestic energy storage projects, among its key areas, the company’s CMD said. At a very recent investor meet, Burra Vamsi Rama Mohan, Chairman & Read more

PGCIL sets initial FY27 capex guidance at Rs.37,000 crore

Power Grid Corporation of India Ltd (PGCIL) has set an initial guidance for capital expenditure (capex) for the ongoing fiscal year, FY27, at Rs.37,000 crore. Addressing an investor conference recently, Burra Vamsi Rama Mohan, Chairman & Read more

PGCIL approves Rs.584-crore investment on three RTM projects

The Committee of Directors on Investment on Projects of Power Grid Corporation of India Ltd (PGCIL) has approved three projects with an aggregate cost of Rs.584.13 crore. In a meeting held on May 15, 2026, the said committee approved Read more

Bajel Projects wins 765kV AIS substation order in Maharashtra

Bajel Projects Ltd has announced the winning of an order for building a 765kV air-insulated substation in Maharashtra. In a release, Bajel said that order, valued at between Rs.200 crore and Rs.300 crore (inclusive of GST), was placed by Read more

CERC approves transmission tariff of Bellary-Davanagere scheme

Central Electricity Regulatory Commission (CERC) has approved the transmission charges (tariff) associated with the interstate transmission system (ISTS) scheme being developed by Powergrid Bellary Davanagere Transmission, a TBCB subsidiary of Power Grid Corporation of India Ltd (PGCIL). In a Read more

PGCIL to implement Phase II of URTDSM project under RTM

Power Grid Corporation of India Ltd (PGCIL) has been assigned the Unified Real Time Dynamic State Measurement System (URTDSM) – Phase II ISTS project, on regulated tariff mechanism (RTM) basis. Estimated to cost Rs.1,132.99 crore, the Read more

PGCIL’s joint venture with KETRACO incorporated in Kenya

A special purpose vehicle for implementation of the “Kenya Transmission PPP Project,” jointly promoted by Power Grid Corporation of India Ltd (PGCIL) and Africa50, has been incorporated in Kenya. In a brief stock exchange filing, PGCIL said that the Read more

PGCIL drives country’s substation capacity addition in FY26

Power Grid Corporation of India Ltd (PGCIL) has been a very big contributor to all-India new transformation capacity addition during FY26, government statistics suggest. According to latest statistics released by Central Electricity Authority (CEA), PGCIL commissioned Read more

NERPSIP to fully commission by April 2026, only five elements pending

After missing several deadlines, the Centrally-sponsored North-Eastern Region Power System Improvement Project (NERPSIP) is expected to fully commission by end of April 2026, though the formal completion deadline has been declared as March 2027. According to latest statistics released Read more