GE T&D India: Order inflows more than double in 9MFY24

    The new order inflows of GE T&D India Ltd during the first nine months of FY24 (9MFY24, April to December) more than doubled year-on-year. According to an investor presentation filed on stock exchanges, the new order inflow of GE Read more

Plan outlay of power CPSUs up 14 per cent in FY25

    The plan outlay of Central PSUs in the power ministry is estimated to be nearly 14 per cent higher in FY25, as envisaged in the Interim Budget 2024. The Budget has estimated that the aggregate plan outlay of eight Read more

PGCIL SPV receives ISTS licence for RTM project

    Central Electricity Regulatory Commission (CERC) has granted interstate transmission licence to a special purpose vehicle (SPV) of Power Grid Corporation of India Ltd (PGCIL) for a set of interstate transmission system ( Read more

CERC adopts tariff for “Bhadla III” Transmission scheme

    Central Electricity Regulatory Commission (CERC) has adopted the tariff for the Bhadla III interstate transmission system scheme (ISTS) in Rajasthan. In a recent order, CERC said that it has approved and adopted the transmission charges (tariff) of Rs.2124.08 million, Read more

PGCIL commissions NERSS-III project in northeast

    Power Grid Corporation of India Ltd (PGCIL) has announced that it has commissioned the “North Eastern Region System Strengthening Scheme – III” (NERSS-III). In a brief stock exchange filing, PGCIL said that it has commissioned NERSS-III with effect from Read more

HVDC

Project SPV formed for HVDC-based ISTS scheme in Gujarat

    PFC Consulting Ltd (PFCCL) has incorporated a wholly-owned subsidiary for the development of an interstate transmission system (ISTS) scheme in Gujarat that would see extensive deployment of HVDC technology. In a stock exchange notification, Power Finance Read more

Three ISTS projects awarded to PGCIL under RTM route

    Power Grid Corporation of India Ltd (PGCIL) has been awarded three interstate transmission system (ISTS) schemes under the RTM route. In its latest meeting, National Committee on Transmission (NCT) approved the implementation of three ISTS schemes Read more

Tyagi appointed as new CMD of Power Grid Corporation of India

Ravindra Kumar Tyagi has joined as Chairman & Managing Director of Power Grid Corporation of India Ltd (PGCIL). In an official social media post, PGCIL said that Tyagi, serving as Director (Operations), PGCIL, Read more

PGCIL named successful bidder for Bidar ISTS scheme

    Power Grid Corporation of India Ltd (PGCIL) has been named successful bidder for an interstate transmission system (ISTS) scheme in Karnataka, under the tariff-based competitive bidding (TBCB) mechanism. In a brief stock exchange notification, PGCIL said that it has Read more

PGCIL approves fund raising through bonds

    The “Committee of Directors for Bonds” of Power Grid Corporation of India Ltd (PGCIL) has approved the raising of funds through issuance of non-convertible bonds. In a stock exchange communication, PGCIL said that the aforementioned committee that met on Read more