PGCIL

CTUIL approves award of four transmission projects to PGCIL under RTM

Central Transmission Utility of India Ltd (CTUIL) has recently approved the allocation of four interstate transmission system (ISTS) projects to Power Grid Corporation of India Ltd (PGCIL), to be implemented under the regulated tariff mechanism Read more

PGCIL receives letter of intent for Tumkur-II REZ interstate transmission scheme

Power Grid Corporation of India Ltd (PGCIL) has received the letter of intent for developing an interstate transmission system (ISTS) scheme in Karnataka, under the tariff-based competitive bidding (TBCB) mode. In a brief stock exchange filing, Read more

Burra Vamsi Rama Mohan takes over as new CMD of PGCIL

Power Grid Corporation of India Ltd (PGCIL) has announced the appointment of Burra Vamsi Rama Mohan as its new Chairman & Managing Director (CMD), effective April 1, 2026. The term of appointment will be from April 1, 2026 till Read more

Atlanta Electricals receives PGCIL approval for up to 400kV-class transformers

Atlanta Electricals Ltd (AEL) has received approval from Power Grid Corporation of India Ltd (PGCIL) for manufacturing of transformers of up to 400kV class, at Atlanta’s Vadod facility in Gujarat. In a release, Atlanta Electricals said that this approval Read more

PGCIL expects annual project pipeline of Rs.60,000 crore till FY36

Power Grid Corporation of India Ltd (PGCIL) expects that it will have a project pipeline of around Rs.60,000 crore per year over the next decade. Addressing an investor conference on March 23, 2026, R.K. Tyagi, Chairman & Managing Director, Read more

CERC grants transmission licence to SR-WR transmission scheme

Central Electricity Regulatory Commission (CERC), in a very recent order, has granted transmission licence to “SR WR Power Transmission Ltd,” a TBCB subsidiary of Power Grid Corporation of India Ltd (PGCIL) that is developing an interregional grid strengthening Read more

PGCIL raises FY26 capex guidance further to Rs.35,000 crore

Power Grid Corporation of India Ltd (PGCIL) has further upwardly revised its capital expenditure (capex) guidance for FY26 (full year) to Rs.35,000 crore. Interestingly, the Central PSU has already overshot this level, as of March 22, 2026. PGCIL, in Read more

PGCIL changes plan, will now merge 28 wholly-owned subsidiaries

Power Grid Corporation of India Ltd (PGCIL) has changed its earlier plan relating to merging its wholly-owned subsidiaries. The Central PSU will now merge 28 of them, instead of the earlier planned eleven. In a brief stock exchange disclosure, Read more

Supply chain constraints affecting two ISTS schemes in Tamil Nadu

Delays in securing equipment supplies are adversely affecting two interstate transmission system (ISTS) schemes in Tamil Nadu, the Parliament was recently informed. In a written reply given in the Rajya Sabha, Shripaid Naik, Minister of State for Power, said Read more

Two intrastate-TBCB schemes in Maharashtra transferred to winning developers

Bid process coordinator PFC Consulting Ltd (PFCCL), on March 12, 2026, formally transferred two intrastate transmission system (InSTS) schemes to their respective winners – Power Grid Corporation of India Ltd (PGCIL) and Montecarlo Ltd – Read more