West Bengal

Polaris secures $80-million financing from British International Investment

Polaris Smart Metering Pvt Ltd has announced that it has secured financing of Rs.7,100 million (approximately $80 million) from British International Investment (BII), for its subsidiary Hooghly Smart Metering Pvt Ltd. The financing will support the deployment of over Read more

New 765kV corridor planned in Eastern Region Grid

A new 765kV corridor has been planned in the Eastern Region (ER) Grid that will eventually form an intraregional 765kV ring, in conjunction with existing lines. To this effect, the National Committee on Transmission (NCT), in Read more

Major interregional transmission scheme planned under TBCB and RTM modes

A major interregional transmission scheme has recently been approved for development under three packages, using a combination of TBCB and RTM modalities. Expected to cost around Rs.7,250 crore, the composite scheme seeks to improve the interregional transfer between the Read more

PGCIL approves Rs.964-crore investment in three RTM projects

The Committee of Directors on Investment on Projects of Power Grid Corporation of India Ltd (PGCIL), in its meeting held on May 1, 2025, approved investment of Rs.964.44 crore on three interstate transmission system (ISTS) Read more

JSW Energy breaks ground on ultra supercritical power plant in West Bengal

JSW Energy Ltd, on April 21, 2025, commenced construction of its state-of-the-art 1,600 MW (2x800 MW) ultra supercritical thermal power plant in Salboni, West Bengal. This Rs.16,000-crore project is the company’s largest greenfield project till date. The groundbreaking ceremony Read more

BHEL wins letter of intent for Rs.6,200-crore DVC mandate

Bharat Heavy Electricals Ltd (BHEL) has received the letter of intent (LoI) from Damodar Valley Corporation (DVC) relating to a Rs.6,200-crore contract. The contract involves the steam generator island package for DVC’s upcoming 2x660-MW Raghunathpur thermal Read more

PGCIL to implement ERES-44 in RTM mode

Power Grid Corporation of India Ltd (PGCIL) has been assigned an ISTS scheme “Eastern Region Expansion Scheme - 44” or “ERES-44” under the regulated tariff mechanism (RTM) route. Estimated to cost Rs.385.77 crore and with an Read more

RVNL receives major hydropower order from NTPC

    Rail Vikas Nigam Ltd (RVNL) has reported the winning of an order valued at over Rs.495 crore from NTPC, related to the Rammam hydropower project in West Bengal. In a stock exchange notification, RVNL said that it has won Read more

Polaris lands Rs.5,200-crore smart metering orders in Uttar Pradesh

    Polaris Smart Metering has been awarded two contracts valued at over Rs.5,200 crore for smart prepaid metering in Uttar Pradesh. In a release, Polaris said that Madhyanchal Vidyut Vitran Nigam Ltd (MVVNL) has awarded the contracts to Polaris for Read more

SPV incorporated for intrastate TBCB scheme in West Bengal

  PFC Consulting Ltd (PFCCL) has announced the incorporation of a project special purpose vehicle (SPV) for development of an intrastate transmission scheme in West Bengal, under the tariff-based competitive bidding (TBCB) route. In a stock exchange filing, Power Finance Read more