PGCIL declared successful bidder for TBCB scheme in Rajasthan

  Power Grid Corporation of India Ltd (PGCIL) has been named as the successful bidder for an interstate transmission system (ISTS) scheme in Rajasthan, awarded under the tariff-based competitive bidding (TBCB) mechanism. In a brief stock exchange filing, PGCIL said Read more

PGCIL to commission 18 ISTS-RTM projects in FY24

  Power Grid Corporation of India Ltd is expected to commission 18 ISTS projects awarded under the regulated tariff mechanism (RTM) route, in the remaining period of this fiscal year. According to information tabled in Parliament, PGCIL, as of August Read more

Sterlite Power wins another ISTS scheme in Rajasthan

  Sterlite Power has won an interstate transmission system (ISTS) scheme in Rajasthan, under the tariff-based competitive bidding route. This is the second such win for Sterlite Power in recent months. The project officially termed as “Transmission system for evacuation Read more

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NCT to deliberate on completion schedule of HVDC-based project in Rajasthan

The National Committee on Transmission (NCT), in its meeting scheduled on August 25, 2023, is expected to deliberate on the completion schedule of a major ISTS scheme involving HVDC technology, in Rajasthan. The project in question is officially termed Read more

TBCB Report Card for 4MFY24: 11 projects awarded, 1 completed

  The first four months of FY24 saw hectic activity in the interstate TBCB power transmission space with as many as 11 new projects getting awarded. According to a special study by T&D India, based on official statistics released by Read more

Interstate transmission to boost PGCIL’s capex plans

  Interstate power transmission projects are expected to dominate the long-term capex plans of Power Grid Corporation of India Ltd (PGCIL). Addressing an investor conference discussing PGCIL’s performance during Q1 of FY24, K. Sreekant, Chairman & Managing Director, PGCIL, said Read more

PGCIL will surpass FY24 capex target, says CMD

  Power Grid Corporation of India Ltd (PGCIL) will surpass the capital expenditure (capex) target for FY24, the company’s CMD said. Addressing an investor conference, K. Sreekant, Chairman & Managing Director, Power Grid Corporation of India Ltd, said that PGCIL Read more

Apraava Energy debuts in greenfield power transmission development space

Apraava Energy has won its first set of greenfield projects in the power transmission development space. In a release, Apraava Energy (formerly CLP India) said that it has been awarded two interstate transmission projects in Rajasthan under the tariff-based Read more

Sterlite Power acquires project SPV for TBCB project in Rajasthan

  Sterlite Power has announced the acquisition of “Fatehgarh III Beawar Transmission Ltd”, a project special purpose vehicle (SPV) from bid process coordinator PFC Consulting Ltd (PFCCL). In a release, Sterlite Power said that through this project Read more

PGCIL incurs capex of over Rs.1,500 crore in Q1FY24

  Power Grid Corporation of India Ltd (PGCIL) has incurred capital expenditure of over Rs.1,500 crore during the first quarter (Q1: April to June) of FY24. In an investor presentation discussing the Read more