POWERGRID

PGCIL most likely to win Lakadia-C interstate scheme, emerges L1

Power Grid Corporation of India Ltd (PGCIL) is most likely to be declared winner of the ISTS-TBCB scheme housed under “Lakadia C Power Transmission Ltd.” It is reliably learnt that PGCIL has emerged as L1 bidder Read more

Share of RTM in under-construction interstate schemes on the decline

The share of the regulated tariff mechanism (RTM) in terms of aggregate outlay of interstate transmission system (ISTS) schemes under construction is on the decline, official statistics indicate. According to statistics released by Central Electricity Authority ( Read more

GE Vernova T&D India emerges L1 in PGCIL’s Barmer HVDC tender

GE Vernova T&D India Ltd has emerged L1 in a tender of Power Grid Corporation of India Ltd (PGCIL) relating to the newly-acquired Barmer HVDC scheme. In a regulatory disclosure, GE Vernova T&D India Ltd (GEVTDIL) Read more

PGCIL formally acquires project SPV of India’s first pure SynCon project under TBCB

Power Grid Corporation of India Ltd (PGCIL) has formally acquired the project SPV housing India’s first TBCB scheme purely involving installation of synchronous condensers. In a regulatory filing, PGCIL said that the project SPV “Fatehgarh II Transmission Ltd” was Read more

PGCIL clinches Barmer HVDC scheme with winning tariff quote of over Rs.3,200 crore

Power Grid Corporation of India Ltd (PGCIL) has won the Barmer HVDC interstate transmission system (ISTS) scheme, under TBCB, with a winning tariff quote of over Rs.3,200 crore. A very reliable source indicated that PGCIL won the project having Read more

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 been named L1 bidder to develop the Humnabad intrastate scheme under the tariff-based competitive bidding (TBCB) mechanism. Confirming the development to Read more