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 wins India’s first pure SynCon project under TBCB

Power Grid Corporation of India Ltd (PGCIL) has won India’s first ISTS-TBCB scheme purely dedicated to installation of synchronous condensers (SynCon). In a brief regulatory filing, PGCIL said that it has been selected as the winning developer for the Read more

PGCIL commissions Khavda RE evacuation scheme component under RTM

Power Grid Corporation of India Ltd (PGCIL) has announced the commissioning of an interstate transmission system (ISTS) scheme relating to evacuation of RE power from Khavda area in Gujarat. In a brief stock exchange filing, PGCIL Read more

PGCIL receives letters of intent for two ISTS-TBCB schemes

Power Grid Corporation of India Ltd (PGCIL) has received letters of intent for development of two interstate transmission system (ISTS) schemes for which it emerged as winning developer under the tariff-based competitive bidding (TBCB) mechanism. In brief stock exchange Read more

PGCIL to upgrade Udumalpet-Madurai transmission line in Tamil Nadu

Power Grid Corporation of India Ltd (PGCIL) has planned to upgrade the Udumalpet-Madurai transmission line in Tamil Nadu. The 400kV Udumalpet-Madurai line is currently a single-circuit one and the plan will involve converting the same to a 400kV double-circuit Read more

PGCIL moving closer to acquiring Krishnagiri interstate transmission scheme

Power Grid Corporation of India Ltd (PGCIL) is seen moving closer to acquiring the Krishnagiri REZ interstate transmission system (ISTS) scheme under TBCB, making it an important acquisition in terms of transmission tariff. It is reliably learnt that PGCIL Read more