India Grid Trust (IndiGrid), India’s first infrastructure investment trust (InvIT) in the power transmission sector, was recently in the news with some major developments like winning its first greenfield TBCB power Read more
Power Grid Corporation of India Ltd (PGCIL) is very likely to surpass the capital expenditure target for FY22, given its performance in the first three quarters of the year. In an investor presentation, PGCIL said that it has planned Read more
Nine interstate transmission schemes, under the tariff-based competitive bidding (TBCB) mechanism, were completed in calendar year 2021, according to a special study by T&D India, based on statistics released by Central Electricity Authority. The performance in 2021 compares very Read more
Bid process coordinator PFC Consulting Ltd (PFCCL) has transferred two project special purpose vehicles, related to TBCB-based power transmission schemes, to the winning developer Adani Transmission Ltd. In a stock exchange filing, PFCCL said that the following two project Read more
Sterlite Power Transmission Ltd has announced full completion of the Khargone transmission scheme in Madhya Pradesh, following the successful commissioning of the sixth and final project element. The Khargone transmission scheme, with an estimated cost of Rs.1,662 crore, will Read more
India Grid Trust (IndiGrid), in a stock exchange filing, said that a consortium of two of its wholly-owned subsidiaries has completed the acquisition of “Kallam Transmission Ltd” from REC Power Development & Consultancy Ltd. A consortium of IndiGrid 1 Read more
Sterlite Power Transmission Ltd has acquired project special purpose vehicle “Nangalbibra ─ Bongaigaon Transmission Ltd” from bid process coordinator PFC Consulting Ltd. Sterlite Power had won the associated transmission scheme under the TBCB mode in Read more
In a major development, Adani Transmission Ltd has reported the winning of two interstate power transmission projects under the tariff-based competitive bidding (TBCB) mechanism. Both the projects were awarded by bid process coordinator PFC Consulting Ltd, and will be Read more
Apraava Energy has acquired 49 per cent shareholding in Kohima Mariani Transmission Ltd. (KMTL) after receiving requisite regulatory approvals, a release from Apraava Energy said. KMTL is the owner of an interstate transmission project in north-eastern India, comprising 400kV Read more
Nodal agency PFC Consulting Ltd has transferred the project SPV for a power transmission scheme in Karnataka to the successful bidder ReNew Power. In a stock exchange communication, Power Finance Corporation (PFC) announced that its wholly-owned subsidiary PFC Consulting Read more