TBCB
PGCIL wins two interstate TBCB schemes for RE evacuation
- Dec 1, 2023
Power Grid Corporation of India Ltd (PGCIL) has been named successful bidder in two interstate transmission system (ISTS) schemes, related to renewable energy evacuation, under the tariff-based competitive bidding (TBCB) route. In a stock exchange filing PGCIL said that Read more
Tata Power placed L1 in two TBCB projects
- Nov 29, 2023
Tata Power has been named L1 bidder in two transmission schemes being awarded under the tariff-based competitive bidding (TBCB) route. According to a recent investor presentation, Tata Power has been named as L1 bidder in two TBCB-based transmission schemes Read more
PGCIL estimates work-in-hand worth over Rs.50,000 crore
- Nov 16, 2023
Power Grid Corporation of India Ltd (PGCIL) has estimated work-in-hand of over Rs.50,000 crore. According to an investor presentation, PGCIL has estimated work-in-hand of around Rs.50,500 crore, as of September 30, 2023. Over 70 per cent of this are Read more
PGCIL undertakes capex of over Rs.4,200 crore in H1 of FY24
- Nov 15, 2023
Power Grid Corporation of India Ltd (PGCIL) has undertaken capital expenditure (capex) worth over Rs.4,200 crore during the first half (H1: April to September) of FY24. According to an investor presentation filed on stock exchanges, PGCIL undertook capex worth Read more
Sterlite Power to demerge power transmission business
- Nov 3, 2023
Sterlite Power Transmission Ltd (SPTL) has announced the strategic decision to demerge its Power Transmission Infrastructure business (BOT model), spread across India and Brazil. The Power Transmission Infrastructure business encompasses the transmission assets in India and Brazil, which will Read more
PGCIL acquires Beawar Dausa Transmission
- Oct 31, 2023
Power Grid Corporation of India Ltd (PGCIL) has announced the formal acquisition of a project special purpose vehicle “Beawar Dausa Transmission Ltd” from bid process coordinator PFC Consulting Ltd. Beawar Dausa Transmission Ltd was incorporated in May 2022 by Read more
PGCIL acquires “Ramgarh II Transmission Ltd”
- Oct 26, 2023
Power Grid Corporation of India Ltd (PGCIL) has acquired project special purpose vehicle “Ramgarh II Transmission Ltd” that houses an interstate transmission system (ISTS scheme in Rajasthan. In a stock exchange filing, PGCIL said that it has completed the Read more
Adani Group’s smart metering portfolio crosses 19 million
- Oct 23, 2023
The smart metering portfolio of Adani Energy Solutions Ltd (AESL) has crossed the 19-million mark, as of September 30, 2023. According to an investor presentation filed on stock exchanges, AESL said that its cumulative smart metering portfolio amounted to Read more
Adani commissions 765kV Warora-Kurnool transmission line
- Oct 19, 2023
Adani Energy Solutions Ltd (AESL), in a statement, said that it has fully commissioned the 765kV Warora-Kurnool interregional transmission line, spanning 1,756 ckm, and straddling Maharashtra, Telangana and Andhra Pradesh. The line is part of the interstate transmission system Read more
RECPDCL incorporates SPVs for three interstate TBCB schemes
- Oct 13, 2023
REC Power Development & Consultancy Ltd (RECPDCL) has recently incorporated three wholly-owned subsidiaries for development of as many interstate transmission system (ISTS) schemes, under the tariff-based competitive bidding (TBCB) mechanism. In a stock exchange filing, RECPDCL, a wholly-owned subsidiary Read more