PGCIL
Powergrid InvIT to raise Rs.700 crore from HDFC Bank
- Mar 31, 2022
Powergrid Infrastructure Investment Trust (PGInvIT) will be raising Rs.700 crore from HDFC Bank Ltd, the InvIT said in a stock exchange filing. The recent filing from PGInvIT said that it has entered into a facility agreement for Rs.700 crore Read more
PGCIL committee approves investment of nearly Rs.700 crore
- Mar 29, 2022
The “Committee of Directors on Investment on Projects” of Power Grid Corporation of India Ltd (PGCIL) has approved investment worth nearly Rs.700 crore, the Central PSU said in a stock exchange filing. The investment approval was accorded in the Read more
PGCIL to spend Rs.8,300 crore on ISTS schemes in FY22
- Mar 23, 2022
The capital expenditure of Power Grid Corporation of India Ltd (PGCIL) on interstate transmission system (ISTS) schemes is estimated to be around Rs.8,300 crore during the ongoing fiscal year FY22, according to information tabled in Parliament. Read more
Transmission line addition up marginally in Apr-Feb FY22
- Mar 22, 2022
Overall addition of transmission lines was 2.8 per cent higher year-on-year in the first eleven months (April to February) of FY22, according to latest CEA statistics. In the April-February period of FY22, a total of 12,719 ckm was added, Read more
PGCIL to take care of CTUIL expenses till March 2024, says CERC
- Mar 14, 2022
In a recent order, Central Electricity Regulatory Commission (CERC) has stated that Power Grid Corporation of India Ltd (PGCIL) will continue to take care of expenses of Central Transmission Utility of India Ltd (CTUIL), which is currently PGCIL’s Read more
Linxon builds another substation for PGCIL in Bihar
- Mar 8, 2022
Linxon has completed the construction of another substation in Bihar, for Power Grid Corporation of India Ltd (PGCIL). In a release, Linxon said that it has completed the construction of a 400/220/132kV air insulated substation at Saharsa in Bihar Read more
PGCIL receives letter of intent for Khetri-Narela TBCB transmission project
- Mar 4, 2022
Power Grid Corporation of India Ltd (PGCIL) has been declared as the successful bidder for a transmission scheme involving evacuation of solar power from Rajasthan, under the TBCB modality. In a brief stock exchange filing, PGCIL said it has Read more
Transmission line upgrade falls 37 per cent short of target in Apr-Jan FY22
- Mar 2, 2022
India added 11,320 ckm of transmission lines during the first ten months (April to January) of FY22, falling short of the target set for the period. According to the latest available statistics released by Central Electricity Authority (CEA), the Read more
PGCIL board approves transfer of additional equity to PGInvIT
- Feb 24, 2022
The board of directors of Power Grid Corporation of India Ltd (PGCIL) has recently approved transfer of additional equity in one subsidiary to Power Grid Infrastructure Investment Trust (PG InvIT). In a stock exchange notification, PGCIL said that its Read more
PGCIL set to easily surpass FY22 capex target
- Feb 14, 2022
Power Grid Corporation of India Ltd (PGCIL) is very likely to surpass the capital expenditure target for FY22, given its performance in the first three quarters of the year. In an investor presentation, PGCIL said that it has planned Read more