TBCB
PGCIL completes intrastate TBCB project in Uttar Pradesh
- Aug 4, 2021
Power Grid Corporation of India Ltd (PGCIL) in a stock exchange filing dated August 3, 2021, announced that it has commissioned an intrastate power transmission project in Uttar Pradesh, under tariff-based competitive bidding (TBCB) mode. In what could be Read more
PGCIL commissions 765kV interregional connector link in TBCB mode
- Aug 3, 2021
Power Grid Corporation of India Ltd (PGCIL) has announced the commissioning of a 765kV line connecting the northern and western regional grids, under the tariff-based competitive bidding (TBCB) mechanism. In a very recent stock exchange filing, PGCIL said that Read more
CERC grants transmission licence to Bikaner-II Bhiwadi Transco
- Jul 19, 2021
Central Electricity Regulatory Commission (CERC) has recently granted transmission licence to Bikaner-II Bhiwadi Transco Ltd, a project SPV of PGCIL. In its order dated July 15, 2021, CERC granted transmission licence under Section 14 of the Electricity Act, 2003. Bikaner-II Read more
PGCIL adds 3 GW of interregional capacity in FY21, achieves capex target
- Jun 19, 2021
Power Grid Corporation of India (PGCIL) added around 3 GW of interregional power transfer capacity in FY21, the Central PSU said in a recent investor presentation. The 3 GW (or 3,000 mw) of interregional (IR) capacity added in FY21 Read more
PFC incorporates new subsidiary for power transmission project
- Jun 15, 2021
Power Finance Corporation (PFC) has incorporated a new step-down subsidiary that will act as a special purpose vehicle for a power transmission scheme to be developed under the TBCB regime. In a stock exchange communication, PFC said that its Read more
PGCIL acquires one more project SPV for Rajasthan solar evacuation
- Jun 8, 2021
Closely following the acquisition of two project SPVs relating to power evacuation schemes for upcoming Rajasthan solar energy zones, Power Grid Corporation of India Ltd (PGCIL) has announced the acquisition one more such project SPV. In Read more
Two power transmission project SPVs transferred to PGCIL
- Jun 7, 2021
Bid process coordinator REC Power Distribution Company Ltd has transferred two power transmission-related project special purpose vehicles to successful bidder Power Grid Corporation of India Ltd (PGCIL). The two SPVs in question are: Fatehgarh Bhadla Transco Ltd (FBTL) Sikar Read more
Major component of Eastern Region transmission scheme commissioned
- May 28, 2021
The 400kV Sitamarhi-Motihari transmission line, an important component of the Eastern Region System Strengthening Scheme (ERSS) – XXI, was recently commissioned. The double-circuit line with triple snowbird conductor spanning 171 ckm and located in Bihar was contracted to Tata Read more
PGCIL accords investment approvals worth over Rs.2,000 crore
- May 24, 2021
Power Grid Corporation of India Ltd (PGCIL) has accorded approval to investment of over Rs.2,000 crore, on various projects. The total investment approved stood at Rs.2,202.30 crore. Of this, an amount of Rs.1,761.30 crore was approved by the PGCIL Read more
North-West Interconnector likely to commission by July 2021
- May 17, 2021
The 765kV interconnector linking the northern region (NR) grid and the western region (WR) grid is likely to complete by July 2021, a latest report by Central Electricity Authority (CEA) has indicated. The project costing close to Rs.1,000 crore Read more