Power Grid

PGCIL most likely to clinch Jam Khambhaliya REZ ISTS-TBCB scheme

Power Grid Corporation of India Ltd (PGCIL) is on its way to winning the Jam Khambhaliya REZ interstate scheme in Gujarat, under the tariff-based competitive bidding (TBCB) mechanism. An informed source said that PGCIL has emerged as L1 bidder Read more

Top three in the race for 765kV Pune-West intrastate-TBCB scheme in Maharashtra

The top three players are in the race for an intrastate-TBCB scheme in Maharashtra, entailing building of a 765kV GIS substation near Pune. It is learnt that bid process coordinator PFC Consulting Ltd has recently shortlisted the three most Read more

Aggregate tariff of PGCIL’s recent TBCB schemes pegged at over Rs.2,200 crore per year

The aggregate tariff associated with TBCB schemes won by Power Grid Corporation of India Ltd (PGCIL) in the early months of FY27, stands at over Rs.2,200 crore. Addressing an investor call concerning the company’s Q1FY27 performance, Read more

Salasar Techno wins substation order from PGCIL in Puducherry

Salasar Techno Engineering Ltd in a release said that it has begun execution of a substation-related order placed by Power Grid Corporation of India Ltd (PGCIL). Salasar recently won a Rs.134.51-crore 110kV air-insulated substation (AIS) package Read more

PGCIL set to expand its intrastate-TBCB footprint to Karnataka

Power Grid Corporation of India Ltd (PGCIL) is set to expand its intrastate-TBCB footprint to Karnataka. PGCIL has recently received the letter of intent to develop the Humnabad intrastate scheme under the tariff-based competitive bidding (TBCB) mechanism. Confirming the development Read more

PGCIL records 11 per cent capex growth in Q1FY27, capitalization trebles

Power Grid Corporation of India Ltd (PGCIL) has recorded a 11 per cent year-on-year growth in capital expenditure (capex) during the first quarter (Q1: April to June) of FY27. According to an investor Read more

One new entrant among six qualified for Lakadia-A interstate-TBCB scheme

Bid process coordinator PFC Consulting Ltd (PFCCL) has qualified six bidders, including a new entrant, for opening of initial price bids for the Lakadia-A ISTS-TBCB scheme taking shape in Gujarat. The scheme is referred to as Read more

PGCIL accounts for over half of transmission line addition in Q1FY27

Power Grid Corporation of India Ltd (PGCIL) accounted for over half of the total transmission line network commissioned in the first quarter (Q1: April to June) of FY27, official statistics suggest. According to latest statistics released by Central Electricity Read more

PGCIL, EnerGrid formally acquire project SPVs of ISTS-TBCB schemes

Power Grid Corporation of India Ltd (PGCIL) and EnerGrid, on July 29, 2026, formally acquired project SPVs of ISTS schemes that the two developers had won under the tariff-based competitive bidding (TBCB) mechanism. These SPVs were incorporated as wholly-owned Read more

Merger of TBCB subsidiaries: PGCIL progresses with second phase

Power Grid Corporation of India Ltd (PGCIL) is progressing with the second phase of restructuring its wholly-owned TBCB subsidiaries. PGCIL has filed two petitions in this regard with Central Electricity Regulatory Commission (CERC) and the same Read more