PGCIL
GE T&D India reports 26 per cent growth in FY23 order booking
- May 25, 2023
GE T&D India has reported a 26.3 percent year-on-year growth in its new order bookings for FY23. In a release, GE T&D India said that new order bookings during FY23 stood at Rs.2,735.9 crore as against Rs.2,166.6 crore in Read more
PGCIL to hive off consultancy business into new subsidiary
- May 24, 2023
Power Grid Corporation of India Ltd (PGCIL) has planned to house its consultancy business and other non-core activities in a new subsidiary. PGCIL has created a new wholly-owned subsidiary that will have several ongoing activities other than the company’s Read more
PGCIL sees business opportunity worth Rs.4 trillion in transmission space
- May 24, 2023
Power Grid Corporation of India Ltd (PGCIL) envisages business opportunities to the tune of Rs.4 trillion (Rs.4 lakh crore) by 2030, in the domestic power transmission space. Addressing an investor conference, K. Sreekant, CMD, PGCIL, said that the business Read more
PGCIL records modest capex growth in FY23, capitalization falls sharply
- May 23, 2023
Power Grid Corporation of India Ltd (PGCIL) has recorded a modest year-on-year growth in capital expenditure during FY23, at the consolidated level, while capitalization has declined significantly. According to an investor presentation filed on stock exchanges, PGCIL incurred capital Read more
PGCIL mandated to develop unified network management system
- May 22, 2023
Power Grid Corporation of India Ltd (PGCIL) has been mandated to develop a unified network management system (U-NMS) for the Southern Region. This U-NMS is aimed to facilitate centralized supervision of interstate transmission systems (ISTS) as well as intrastate Read more
Transmission line addition surpasses target in FY23
- Apr 28, 2023
India’s transmission line addition in FY23 exceeded the target set for the year. However, there are caveats to this accomplishment. According to a special study by T&D India based on official statistics released Read more
Marginal decline in HVDC share in interregional transfer
- Apr 26, 2023
The share of the HVDC line in the total quantum of interregional electricity exchange declined marginally in FY23 when compared with FY22. According to a special study done by T&D India, based on Read more
TBCB Report Card for FY23: 8 awarded, 6 completed
- Apr 19, 2023
A special study by T&D India, based on official documents, suggests that during fiscal year 2022-23 ending March 31, 2023, a total of eight interstate transmission projects were awarded under the tariff-based competitive bidding (TBCB) route. Further, six Read more
PGCIL commissions Rampur-Sambhal intrastate TBCB scheme in UP
- Apr 2, 2023
Power Grid Corporation of India Ltd (PGCIL) recently announced that it has completed an intrastate power transmission scheme in Uttar Pradesh, which it had won under the tariff-based competitive bidding (TBCB) route. The transmission scheme was developed by a Read more
PGCIL completes acquisition of three project SPVs for ISTS schemes
- Apr 2, 2023
Power Grid Corporation of India Ltd (PGCIL) announced that it has completed the acquisition of three project special purpose vehicles, incorporated for the development of interstate transmission system (ISTS) schemes. In independent stock exchange filings, PGCIL announced that it Read more