Search Results for: RECPDCL

  • India | News | T&D

    PFC and REC form new SPVs for interstate transmission projects

    India, News, T&D

    Power Finance Corporation Ltd. (PFC) and REC Limited have announced the formation of new special purpose vehicles (SPVs) to advance key interstate power transmission projects.   PFC Consulting Limited (PFCCL), a wholly owned subsidiary of PFC, has incorporated Alibag Power Transmission Limited to manage preliminary work for the “Establishment of 765/400/220 kV AIS Dolvi (Dist. Raigad)” transmission project in Maharashtra. The SPV’s creation follows a Letter of Intent from Maharashtra State Electricity Transmission Company Limited (MSETCL),…

  • Electric Mobility

    News Subsections News India Renewable Energy Generation T&D Electric Mobility Policy & Programmes Finance Leadership Global Power Bytes IFC invests in India’s first integrated battery materials facility December 9, 2025 The International Finance Corporation has invested about 50 million dollars in GFCL EV Products Limited, a subsidiary of Gujarat Fluorochemicals Limited. The investment has been made through compulsorily convertible instruments and will support the… ACS Energy secures pre-seed funding to expand EV charging network November…

  • T&D

    News Subsections News India Renewable Energy Generation T&D Electric Mobility Policy & Programmes Finance Leadership Global Power Bytes PFC forms SPV for 400/220/132 kV AIS Latur transmission project December 12, 2025 Power Finance Corporation (PFC) has set up a Special Purpose Vehicle (SPV) through its subsidiary, PFC Consulting Limited. In its 11 December filing, PFC said the SPV, Latur Rez Transmission Limited, will carry out surveys, land acquisition and other… RECPDCL invites bids for three…

  • Policy & Programmes

    News Subsections News India Renewable Energy Generation T&D Electric Mobility Policy & Programmes Finance Leadership Global Power Bytes CTUIL issues draft procedure for changing declared renewable energy source December 12, 2025 The Central Transmission Utility of India Limited (CTUIL) has issued a draft procedure that sets out the conditions for power projects to change their declared renewable energy source after receiving grid connectivity approval. CTUIL has asked… CTU issues draft rules for ownership changes in…

  • Generation

    News Subsections News India Renewable Energy Generation T&D Electric Mobility Policy & Programmes Finance Leadership Global Power Bytes Torrent Power signs LNG supply agreement with JERA for gas-based generation December 11, 2025 Torrent Power Limited has signed a long-term Sale and Purchase Agreement with JERA Company Incorporated of Japan for the supply of up to 0.27 million metric tonnes per annum of liquefied natural gas. The agreement will run for ten years starting in… THDCIL…

  • Finance

    News Subsections News India Renewable Energy Generation T&D Electric Mobility Policy & Programmes Finance Leadership Global Power Bytes AMPIN secures investment from FMO for renewable project expansion December 9, 2025 AMPIN Energy Transition Private Limited has received a 50 million dollar investment from FMO, the Dutch entrepreneurial development bank that invests in more than 85 countries. AMPIN will use the funding to build new greenfield renewable projects in… Reliance Power says operations unaffected after ED…

  • Leadership

    News Subsections News India Renewable Energy Generation T&D Electric Mobility Policy & Programmes Finance Leadership Global Power Bytes Pankaj Joshi appointed Chairperson of GERC December 12, 2025 Former Chief Secretary of Gujarat, Pankaj Joshi, has been appointed Chairperson of the Gujarat Electricity Regulatory Commission (GERC). The state government has also named Jatin Natvarlal Thakkar and Navinchandra Shah as Members of the Commission… ACME Solar appoints new EPC president December 11, 2025 ACME Solar Holdings Limited…

  • Renewable Energy

    News Subsections News India Renewable Energy Generation T&D Electric Mobility Policy & Programmes Finance Leadership Global Power Bytes MSEDCL awards solar pump orders to Shakti Pumps, Oswal Pumps, GK Energy December 12, 2025 The Maharashtra State Electricity Distribution Company Limited (MSEDCL) has issued new orders for off-grid solar pumps under the Magel Tyala Saur Krushi Pump… Emmvee signs 4.5 GWp TOPCon cell supply deal and advances 6 GW expansion December 10, 2025 Emmvee Energy, a…

  • India | News | T&D

    REC completes transfer of two power transmission subsidiaries

    India, News, T&D

    REC Limited, through its wholly owned arm REC Power Development and Consultancy Limited (RECPDCL), has transferred two special purpose vehicles (SPVs) under the tariff-based competitive bidding process. The transaction was completed on October 17, 2025. Ananthapuram II Power Transmission Limited was acquired by Shivalaya Construction Limited, while SR WR Power Transmission Limited was taken over by Power Grid Corporation of India Limited (POWERGRID). POWERGRID, the successful bidder for SR WR Power Transmission Limited, will implement…

  • News | India | T&D

    Powergrid wins bid for SR–WR interregional transmission project

    News, India, T&D

    Power Grid Corporation of India Limited (POWERGRID) has been declared the successful bidder to develop the “Inter-Regional Strengthening between Southern Region (SR) Grid and Western Region (WR) Grid” project under the Tariff-Based Competitive Bidding (TBCB) framework. The company received the Letter of Intent on 29 September 2025. The project will be implemented on a Build, Own, Operate and Transfer (BOOT) basis. It involves the construction of 765 kilovolt (kV) double-circuit transmission lines spanning Karnataka and…