PFCCL incorporates two SPVs for transmission projects in Maharashtra
Author: PPD Team Date: March 26, 2025
Author: PPD Team Date: March 26, 2025
PFC Consulting Limited (PFCCL) has incorporated two special purpose vehicles (SPVs) for the development of transmission projects in Maharashtra. The SPVs were established on March 21, 2025, to facilitate network expansion for renewable energy evacuation and power supply to data centers.
Maharashtra State Electricity Transmission Company Limited (MSETCL) has appointed PFCCL as the bid process coordinator (BPC) for selecting a transmission service provider (TSP) through the tariff-based competitive bidding (TBCB) process.
Author: PPD Team Date: December 3, 2025 REC Limited has promoted Shri Hemant Kumar to Executive Director with effect from 02 December 2025. The company announced the elevation in a filing to the stock exchanges. Shri Kumar previously served as Chief General Manager of Finance and Accounts. He holds a Master’s degree in Finance and a Bachelor’s degree in Science with Physics Honours. The new role places him one level below the Board. REC said…
Author: PPD Team Date: November 26, 2024 Sterlite Power Transmission Ltd has been awarded a contract valued at Rs 545 million by Power Grid Corporation of India Limited (PGCIL) for the supply and installation of Optical Ground Wire (OPGW) under the 9th and 11th National Communication Trunk (NCT) projects. The scope includes installing OPGW on existing main lines that are looped in and out (LILOed) under various transmission schemes in the Northern and Western Regions. …
Author: PPD Team Date: March 18, 2026 Resonia Ltd. has appointed Prashant Sinha as Chief Executive Officer (CEO), elevating him from his previous role as Chief Operating Officer (COO). In his earlier position, he oversaw project portfolios, business acquisition, and execution across the company’s transmission business. Sinha has close to three decades of experience across the power, infrastructure, and financial sectors. Prior to joining Resonia, he held leadership roles at ICRA, L&T Infrastructure Finance, L&T…
Author: PPD Team Date: February 6, 2025 RMC Switchgears has received a Rs 1.08 billion work order to develop distribution infrastructure in select districts of Gujarat. The project involves installing 11 kV underground cables and ring main unit (RMU) systems to strengthen the region’s power distribution network. In a separate development, Ultracab (India), a manufacturer of electric wires and cables, has secured an order worth Rs 510.6 million from Maharashtra State Electricity Distribution Company (MSEDCL)…
Author: PPD Team Date: October 10, 2025 Loom Solar has commissioned 17.9 MW of solar capacity across Tamil Nadu, Madhya Pradesh, Uttarakhand, and Rajasthan. The company’s recent projects include an 8 MW plant in Tamil Nadu, a 5.3 MW plant in Madhya Pradesh, a 1.1 MW plant in Uttarakhand, and a 3.5 MW plant in Rajasthan. Loom Solar’s manufacturing portfolio supports this expansion, with a planned 1.2 GW PV module factory and 100 MW capacity…
Author: PPD Team Date: October 18, 2024 Rayzon Solar has won a contract to supply 216 MW of high-efficiency photovoltaic (PV) modules to Larsen & Toubro (L&T) for three solar projects across India. The modules will be integral to L&T’s floating solar projects at Panchet and Ramagundam, as well as a ground-based solar project in Bihar.