PGCIL
PGCIL board approves JV with NEA for Indo-Nepal line
- Jul 13, 2022
The board of Power Grid Corporation of India Ltd (PGCIL) has approved the formation of a joint venture with Nepal Electricity Authority (NEA) for the development of a cross border line. The proposed joint venture with 50 per cent Read more
PGCIL set to acquire Neemuch SEZ transmission scheme in TBCB mode
- Jul 11, 2022
Power Grid Corporation of India Ltd (PGCIL) has emerged as the successful bidder for an interstate transmission scheme, awarded under the tariff-based competitive bidding (TBCB) mode. In a recent stock exchange filing, PGCIL said that it has been declared Read more
PGCIL approves over Rs.4,800 crore investment in western region
- Jul 9, 2022
The board of Power Grid Corporation of India Ltd (PGCIL) has approved an investment of over Rs.4,800 crore directed towards the grid expansion in western India. The investment approved will be spread over the following three projects: Transmission network Read more
PGCIL board to approve fund-raising programme for FY23
- Jul 1, 2022
The board of directors of Power Grid Corporation of India Ltd (PGCIL) is scheduled to meet soon to consider and approve the fund raising programme for the ongoing fiscal year, FY23. In a stock exchange filing, PGCIL said that Read more
Hartek supplies over 350 LV panels for 250-mw solar plant
- Jun 23, 2022
Hartek India Pvt Ltd, the manufacturing power distribution products business unit of Hartek Group, has successfully designed, supplied and commissioned 352 special LV panels of 800V used for solar application, for a 250-mw solar project. The company, whilst not Read more
CERC grants transmission licence to Aligarh-Sikar scheme
- Jun 1, 2022
In a recent order, Central Electricity Regulatory Commission (CERC) has granted transmission licence to Powergrid Aligarh Sikar Transmission Ltd that is implementing a power evacuation scheme in Rajasthan, under the tariff-based competitive bidding (TBCB) route. Powergrid Aligarh Sikar Transmission Read more
PGCIL formally acquires project SPV Mohanlalganj Transmission Ltd
- May 31, 2022
Power Grid Corporation of India Ltd (PGCIL) has formally completed the full acquisition of project special purpose vehicle “Mohanlalganj Transmission Ltd” from bid process coordinator PFC Consulting Ltd. As reported by T&D India on Read more
PGCIL sees more business opportunity in ISTS projects
- May 25, 2022
Power Grid Corporation of India Ltd (PGCIL) anticipates more TBCB-based business opportunities in interstate transmission system (ISTS) schemes rather than the intrastate counterpart. Addressing an investor conference, Mohammed Taj Mukarram, Director – Finance, PGCIL, said that opportunities in the Read more
PGCIL plans Rs.8,000 crore capex in FY23
- May 24, 2022
Power Grid Corporation of India Ltd (PGCIL) has planned capital expenditure of around Rs.8,000 crore for the ongoing fiscal year, FY23. In FY22, PGCIL had incurred capital expenditure (capex) of Rs.9,060 crore. This capex includes that done by PGCIL Read more
PGCIL makes more inroads in intrastate transmission
- May 20, 2022
Power Grid Corporation of India Ltd (PGCIL) has made more inroads in the intrastate power transmission space by winning a project in Uttar Pradesh. In a brief stock exchange communication, PGCIL has said it has been declared successful bidder Read more