GE Vernova wins PGCIL contract for EHV transformers and reactors
Author: PPD Team Date: May 5, 2025
Author: PPD Team Date: May 5, 2025
GE Vernova T&D India Limited has secured a major contract from Power Grid Corporation of India Limited (PGCIL). Announced on May 1, 2025, the contract covers the supply of over 70 extra high voltage (EHV) transformers and shunt reactors.
The scope includes supply, erection, testing, and commissioning of equipment across various transmission projects. These projects will be implemented under the tariff based competitive bidding (TBCB) route.
Manufacturing will take place at GE Vernova’s power transformer facility in Vadodara, Gujarat. Deliveries are set to begin in 2026 and continue through the end of 2027.
Author: PPD Team Date: December 23, 2024 Sterling and Wilson Renewable Energy Limited (SWREL) has won a Rs 12 billion contract for a 500 MW AC solar photovoltaic project in Gujarat. The project includes design, engineering, procurement, and construction (EPC) for the Balance of System (BOS) and a three-year operations and maintenance (O&M) contract. This month, SWREL secured a Rs 5.04 billion contract to develop a 305 MW AC / 396 MWp DC solar photovoltaic…
Author: PPD Team Date: March 5, 2025 ACME Solar Holdings Limited plans to invest Rs 170 billion in capital expenditure in the calendar year 2026 to expand its renewable energy capacity to 5,000 MW by 2027, focusing on hybrid and firm dispatchable renewable energy (FDRE) projects. The company aims to triple its capacity to 7,000 MW by 2028, rolling out expansion in two phases starting in April 2025. While primarily focused on solar, wind, and…
Author: PPD Team Date: November 19, 2025 Power Grid Corporation of India Limited has approved the issuance of its 83rd bond series to raise up to Rs 3,800 crore. The decision was taken by the company’s Committee of Directors for Bonds at a meeting held on November 17 2025. The fundraising will take place through unsecured, non convertible and redeemable bonds issued on a private placement basis. The base issue size is Rs 1,000 crore,…
Author: PPD Team Date: December 30, 2025 Four leading solar wafer manufacturers announced a price increase on the afternoon of December 25, raising prices across key wafer sizes and lifting the average market level by about 12 per cent. Analysts link the change to higher raw material costs and continued tightness in parts of the photovoltaic (PV) supply chain. In their coordinated announcement, the companies confirmed that the price of 183.75mm wafers has been adjusted…
Author: PPD Team Date: December 19, 2024 The Government of Montenegro has approved a list of 15 priority energy infrastructure projects worth EUR 1.38 billion. This fulfils chapter 21 – Trans-European Network – of the EU accession negotiations. The European Commission will use this list to select projects for funding under the Western Balkans Investment Framework (WBIF). Updated per WBIF methodology, the projects align with Montenegro’s state-level priorities. WBIF, the EU’s main financial mechanism for…
Author: PPD Team Date: June 12, 2025 Hitachi Energy India Limited has secured a contract worth Rs 6,470.27 million from Power Grid Corporation of India Limited (PGCIL) for the supply of high-voltage transformers. The contract, awarded on June 10, 2025, covers the 765 kV Transformer Package 7TR-13-BULK. It includes 30 units of 500 MVA, 765/400 kV single-phase transformers. This forms part of Lot 4 under PGCIL’s bulk procurement plan for 765 kV and 400 kV…