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Sterlite Power wins contract of Rs 682.5 million from PGCIL

India, News

Sterlite Power Transmission Limited has secured a contract worth Rs 682.5 million from Power Grid Corporation of India Limited (PGCIL) for reconductoring Package OH01. The package includes the reconductoring of the 220 kV Hisar (PG) to Hisar (IA) single circuit line and the 400 kV Raichur to Veltoor (Mahabubnagar) line with high-tension low-sag (HTLS) conductors.  This project involves reconductoring the transmission line and upgrading the 400 kV bays at Raichur and Mahabubnagar to fully utilize…

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PGCIL invites bids for Andaman & Nicobar Islands HVDC link project

India, News

Power Grid Corporation of India Ltd (PGCIL) has issued a consultancy tender for the interconnection of Andaman & Nicobar Islands (ANI) with India’s mainland grid. The scope of work covers: Route Alignment, Detailed Survey and Soil Investigation works for the Interconnection of North, Middle & South Andaman Islands. In May 2023, a clean energy approach via an HVDC link was proposed to the Ministry of Power (MoP), which could supply sustainable power to North, Middle,…

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PGCIL completes acquisition of two ISTS schemes for power transmission

India, News

Power Grid Corporation of India Ltd (PGCIL) has finalized the acquisition of two interstate transmission system (ISTS) projects awarded through a tariff-based competitive bidding process.  These projects were transferred from bid process coordinator PFC Consulting Ltd (PFCCL) on November 7, 2024. The projects will operate under the build, own, operate, and transfer model. The first project, Barmer I Transmission Ltd, is a transmission system intended for power evacuation from Rajasthan Renewable Energy Zone (REZ) Phase…

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PGCIL wins bid for 8 GW transmission project in Gujarat’s Khavda REZ

India, News

Power Grid Corporation of India Limited (PGCIL) has been awarded the inter-state transmission system (ISTS) project to evacuate power from the renewable energy zone in the Khavda area of Gujarat under Phase-V (8 GW), Part A. The project will be developed on a build, own, operate, and transfer (BOOT) basis. The project includes the establishment of 6,000 MW, ±800kV HVDC terminals at KPS2 (Gujarat) and Nagpur (Maharashtra), along with a ±800kV HVDC bipole line stretching…

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PGCIL wins mega ISTS project for renewable energy evacuation in Gujarat

India, News

Power Grid Corporation of India Ltd (PGCIL) has been named the successful bidder for developing a mega Inter-State Transmission System (ISTS) project utilizing HVDC technology.  The project, known as the “Evacuation of power from potential renewable energy zone in Khavda area of Gujarat under Phase-V (8 GW): Part A,” will be established on a build, own, operate, and transfer (BOOT) basis. The letter of intent (LoI) was received on October 28, 2024. The project, housed…

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PGCIL secures LoIs for two ISTS schemes in Rajasthan

India, News

Power Grid Corporation of India Ltd (PGCIL) has received letters of intent (LoIs) for two interstate transmission system (ISTS) schemes for evacuating renewable energy from Rajasthan’s Renewable Energy Zone (REZ) Phase IV (6 GW) [Bikaner complex]. The LoIs were issued on October 21, 2024, with PGCIL confirming the notifications on October 22, 2024. The two schemes are: Transmission system for evacuation of power from Rajasthan REZ Phase IV (Part-3: 6 GW) [Bikaner complex]: Part A-…

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PFCCL transfers four SPVs to PGCIL and Adani Energy

India, News

On October 15, 2024, PFC Consulting Ltd (PFCCL) transferred four special purpose vehicles (SPVs) for interstate transmission system (ISTS) projects to their winning developers, selected through tariff-based competitive bidding (TBCB). The projects were handed over to Power Grid Corporation of India Ltd (PGCIL) and Adani Energy Solutions Ltd (AESL), with each developer receiving two projects. The SPVs, previously incorporated as PFCCL subsidiaries, were transferred as follows: South Olpad Transmission Ltd (incorporated January 19, 2024), handling…

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PGCIL formally acquires project SPV for “Rajasthan IV H1” ISTS scheme

India, News

On October 15, 2024, Power Grid Corporation of India Ltd (PGCIL) was awarded the project SPV “Rajasthan IV H1 Power Transmission Ltd” by RECPDCL, the bid process coordinator, under the tariff-based competitive bidding (TBCB) route.  PGCIL will develop the transmission project on a BOOT (Build, Own, Operate & Transfer) basis. The project involves establishing substations in Madhya Pradesh, including 765/400kV, 400/220kV, and 220/132kV substations with associated reactors. The project aims for completion within 24 months….

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PGCIL wins Barmer I Transmission in Rajasthan

India, News

Power Grid Corporation of India Ltd (PGCIL) has been declared the successful bidder for the interstate transmission system (ISTS) project under “Barmer I Transmission Ltd” through tariff-based competitive bidding (TBCB). This project, known as “Transmission system for evacuation of power from Rajasthan REZ Ph-IV (Part-2: 5.5 GW),” includes the establishment of a new 765/400/220kV Barmer-I pooling substation and transmission lines, with interconnectivity to the upcoming Sirohi Pooling Station. The project, valued at Rs 27.35 billion,…

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PGCIL, RVPNL sign shareholder agreement for intra-state transmission

India, News

Power Grid Corporation of India Ltd (PGCIL) has entered into a shareholder agreement with state transmission utility Rajasthan Rajya Vidyut Prasaran Ltd (RVPNL) to establish a joint venture (JV) company. As per a stock exchange filing, PGCIL will hold a 74% equity stake in the JV, while RVPNL will own the remaining 26%. The proposed JV aims to execute projects valued at up to Rs 10 billion in a phased manner, focusing on the development…