PGCIL
PGCIL formally acquires its first TBCB project for FY23
- May 13, 2022
Power Grid Corporation of India Ltd (PGCIL) has formally acquired its first interstate power transmission scheme under the TBCB route, for the current fiscal year. In a recent stock exchange filing, PGCIL said that it has completed the acquisition Read more
PGCIL to acquire IEDCL’s stake in Cross Border Power Transmission Co
- May 3, 2022
The board of Power Grid Corporation of India Ltd (PGCIL) has approved a proposal to purchase around 77.30 lakh equity shares currently held by IL&FS Energy Development Company Ltd (IEDCL) in Cross Border Power Transmission Company Ltd. In a Read more
CERC directs PGCIL to issue public notice for Sikar transmission scheme
- Apr 21, 2022
Central Electricity Regulatory Commission (CERC) has directed the developer Power Grid Corporation of India Ltd (PGCIL) to issue a public notice seeking suggestions from the public, before CERC proceeds to grant transmission licence for the Sikar scheme in Read more
TBCB Scorecard for FY22: Ten projects awarded, eight commissioned
- Apr 18, 2022
A special study by T&D India based on official statistics released by Central Electricity Authority (CEA) suggests that in fiscal year 2021-22 (FY22), ten new interstate power transmission schemes under the TBCB modality were awarded, while eight such Read more
No cost overrun in PGCIL’s TBCB projects
- Apr 12, 2022
According to information tabled in Parliament, there is no cost overrun in power transmission schemes under execution by Power Grid Corporation of India Ltd (PGCIL), under the TBCB route. It was informed in Parliament that though there has been Read more
Government expenditure on power transmission schemes revives in FY22
- Apr 6, 2022
The expenditure incurred on power transmission schemes, by Central and state government utilities, appears to have revived in FY22, according to information tabled in Parliament. According to a reply given by Union power minister R.K. Singh in the Rajya Read more
KEC International wins new orders of Rs. 945 crore
- Apr 5, 2022
KEC International Ltd has secured new orders of Rs.945 crore across its various businesses, taking its cumulative order inflow in FY22 to over Rs.17,000 crore. These orders were clinched by the company’s power T&D, Railways and Cables businesses. In Read more
Powergrid InvIT to raise Rs.700 crore from HDFC Bank
- Mar 31, 2022
Powergrid Infrastructure Investment Trust (PGInvIT) will be raising Rs.700 crore from HDFC Bank Ltd, the InvIT said in a stock exchange filing. The recent filing from PGInvIT said that it has entered into a facility agreement for Rs.700 crore Read more
PGCIL committee approves investment of nearly Rs.700 crore
- Mar 29, 2022
The “Committee of Directors on Investment on Projects” of Power Grid Corporation of India Ltd (PGCIL) has approved investment worth nearly Rs.700 crore, the Central PSU said in a stock exchange filing. The investment approval was accorded in the Read more
PGCIL to spend Rs.8,300 crore on ISTS schemes in FY22
- Mar 23, 2022
The capital expenditure of Power Grid Corporation of India Ltd (PGCIL) on interstate transmission system (ISTS) schemes is estimated to be around Rs.8,300 crore during the ongoing fiscal year FY22, according to information tabled in Parliament. Read more