REC Power Development & Consultancy Ltd (RECPDCL) has handed over project special purpose vehicles of two interstate transmission system (ISTS) to successful bidders, on May 30, 2024. Here are details on the two cases: Project SPV: Khavda Read more
Power Grid Corporation of India Ltd (PGCIL) is planning to increase its participation in the development of intrastate networks, using the joint venture and the competitive bidding routes. According to R.K. Tyagi, Chairman & Managing Director, PGCIL, addressing an Read more
Sterlite Power has announced that it has secured funding worth Rs.1,373 crore for its newly-acquired interstate transmission system (ISTS) project housed under “Neemrana II Kotputli Transmission Ltd.” In a release, Sterlite Power said that it has Read more
Power transmission schemes related to evacuation of renewable energy (RE) account for a dominant proportion of the current “work-in-hand” of Power Grid Corporation of India Ltd (PGCIL). In an investor presentation, PGCIL said that out of the current Read more
Through very recent orders, Central Electricity Regulatory Commission (CERC) has granted transmission licence to two interstate transmission system (ISTS) schemes, housed under Pachora Power Transmission Ltd and Halvad Transmission Ltd. In the case of Halvad Transmission, Read more
Power Grid Corporation of India Ltd (PGCIL) has targeted capital expenditure of over Rs.15,000 crore in ongoing fiscal year, FY25. Addressing an investor conference in Mumbai recently, R.K. Tyagi, Chairman & Managing Director, PGCIL, said that though the official Read more
The power transmission portfolio of India Grid Trust (IndiGrid) crossed 8,500 ckm, as of March 31, 2024. In a release, IndiGrid said that its power transmission portfolio comprising 41 projects and 49 transmission lines touched 8,692 ckm, as of Read more
Power Grid Corporation of India Ltd (PGCIL) along with three other bidders have qualified for opening of price bids for an ISTS-TBCB scheme housed under “NERGS-I Power Transmission Ltd.” The three contenders alongside PGCIL are Sterlite Power, Techno Electric Read more
Only two bidders have qualified for opening of price bids for a major interstate transmission system (ISTS) scheme aiming to evacuate renewable energy from Khavda in Gujarat. It is reliably learnt that only two bidders – Read more
REC Power Development & Consultancy Ltd (RECPDCL) has recently incorporated two project special purpose vehicles (SPV) for the development of as many interstate transmission system (ISTS) schemes for renewable energy evacuation from Read more