PGCIL acquires Bellary Davanagere Transmission Ltd, its seventh interstate project SPV this fiscal

Power Grid Corporation of India Ltd (PGCIL) has acquired “Bellary Davanagere Transmission Ltd” from bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL). This is PGCIL’s seventh formal acquisition of a project SPV corresponding to an interstate Read more

Bidding initiated for India’s first syncon project under TBCB

Bid process coordinator PFC Consulting Ltd (PFCCL) has newly initiated bidding for India’s first ISTS scheme under TBCB, involving installation of synchronous condensers (SynCon). As per current timelines, the last date for submitting technical and financial Read more

PGCIL to upgrade critical lines in Tamil Nadu under Rs.1,800-crore RTM project

Power Grid Corporation of India Ltd (PGCIL) has been assigned two projects, under the regulated tariff mechanism (RTM) framework, for upgrade of two critical lines in Tamil Nadu. The total estimated outlay is over Rs.1,800 crore. Both these projects Read more

Vataman switchyard component delinked from Gujarat offshore wind farm scheme

One component of the mega wind power evacuation scheme offshore Gujarat has been delinked into an independent scheme. The National Committee on Transmission (NCT) in its recent meeting has delinked one component called “Creation of 400kV Read more

Bajel Projects lands EHV substation order from PGCIL

Bajel Projects Ltd has received an EHV substation order from Power Grid Corporation of India Lt (PGCIL), to be executed in Madhya Pradesh. In a regulatory filing, Bajel Projects said that the order has been placed Read more

PGCIL formally acquires “SR and ER Power Transmission Ltd” from PFC Consulting

Power Grid Corporation of India Ltd (PGCIL) has formally acquired “SR and ER Power Transmission Ltd,” a project SPV housing an interstate transmission scheme (ISTS) that PGCIL won under the tariff-based competitive bidding (TBCB) route, from PFC Consulting Read more

Linxon PGCIL Saharsa SS LR | T&D India

PGCIL set to enter intrastate-TBCB space in Maharashtra, named L1 bidder for 765kV Pune-East scheme

Power Grid Corporation of India Ltd (PGCIL) is set to enter the intrastate transmission system (InSTS) space in Maharashtra, under the TBCB route. The Central PSU has been named L1 bidder for a large scheme involving 765kV infrastructure. Addressing Read more

PGCIL gets capitalization boost in Q3, upwardly revises FY26 guidance

Power Grid Corporation of India Ltd (PGCIL) staged a smart recovery in its project capitalization during the third quarter (Q3: October to December) of FY26, even inspiring the Central PSU to upwardly revise its FY26 guidance by 10 Read more

PGCIL fully commissions Khavda II-C interstate-TBCB scheme in Gujarat

Power Grid Corporation of India Ltd (PGCIL) has fully commissioned the Khavda II-C interstate transmission system (ISTS) scheme in Gujarat, through its TBCB subsidiary. In a stock exchange notification, PGCIL said that its wholly-owned subsidiary “Powergrid Khavda II-C Transmission Read more

Plan outlay of power CPSUs to cross Rs.1-trillion mark in FY27, PGCIL tops

The aggregate plan outlay of all Central public sector undertakings (CPSUs) is expected to cross Rs.1-trillion (Rs. 1 lakh crore) during the fiscal year FY27 (April 1, 2026 to March 31, 2027). According to official Union Budget 2026 documents, Read more