RECPDCL hands over two power transmission SPVs to successful bidders

    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

PGCIL to increase participation in intrastate network through JV, TBCB routes

    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 NER | T&D India

Sterlite Power secures funding for Neemrana-II Kotputli project

    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

RE evacuation schemes dominate PGCIL’s “work-in-hand”

    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

CERC grants transmission licence to Pachora, Halvad ISTS schemes

    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

PGCIL targets capex of Rs.15,000 crore in FY25

    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

India Grid Trust: Transmission portfolio crosses 8,500 ckm

    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

PGCIL, three others, in the fray for NERGS-I

    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 in race for Khavda RE evacuation scheme

  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

Project SPVs incorporated for Bikaner RE evacuation schemes

    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