The total quantum of transmission line addition in Q1 of FY24 was just 54 per cent of the planned addition. According to recently released statistics by Central Electricity Authority (CEA), the country saw the addition of Read more
The board of directors of Power Grid Corporation of India Ltd (PGCIL), in a recent meeting, approved investment of over Rs.4,000 crore in AMI projects. In a stock exchange filing, PGCIL said that its board, which met on July Read more
The National Committee on Transmission (NCT), in its recent meeting, has proposed that an interstate transmission system (ISTS) scheme for evacuation of renewable energy from the Khavda RE Park in Gujarat be implemented using a combination of TBCB Read more
Central Electricity Regulatory Commission (CERC), over the past one week, has granted transmission licence to as many as five interstate transmission system (ISTS) schemes. For each of these schemes, CERC has also completed the tariff adoption routine. In several Read more
A project special purpose vehicle has been incorporated for the development of an intrastate power transmission scheme in Uttar Pradesh, under the tariff-based competitive bidding (TBCB) mechanism. Bid process coordinator PFC Consulting Ltd (PFCCL) has incorporated Read more
Central Electricity Regulatory Commission (CERC), in a very recent order, has granted transmission licence to “Dharamjaigarh Transmission Ltd”. Dharamjaigarh Transmission Ltd was incorporated as a project special purpose vehicle (SPV) by the bid process coordinator to develop an interstate Read more
The “Committee of Directors on Investment on Projects” of Power Grid Corporation of India Ltd, accorded investment approval to two RTM-based transmission schemes. The said committee, which met on June 28, 2023, approved investment to two transmission schemes, officially Read more
PFC Consulting Ltd (PFCCL) has extended the timeline for submission of RfP (technical and financial) for four ISTS schemes being developed under the TBCB mode, all related to evacuation of renewable energy from Rajasthan. The four interstate schemes are Read more
PFC Consulting Ltd (PFCCL), in its capacity as bid process coordinator (BPC), has incorporated a project special purpose vehicle (SPV) for developing an intrastate transmission scheme in Uttar Pradesh. According to a PFCCL stock exchange filing, the project SPV, Read more
New order inflows of Bharat Heavy Electricals Ltd (BHEL) in FY23 were marginally lower than those in FY22. According to an investor presentation filed on stock exchanges, BHEL’s new order inflows in FY23 stood at Rs.23,548 crore, around 0.6 Read more