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CERC moves forward with NERES XVI transmission licence approval

India, News

The Central Electricity Regulatory Commission (CERC) has reviewed the petition by NERES XVI Power Transmission Ltd for granting an interstate transmission licence. In its order, CERC found that NERES XVI meets all necessary conditions for the licence. The commission has directed NERES XVI to issue a public notice seeking comments and suggestions regarding the licence grant. NERES XVI Power Transmission Ltd, a wholly-owned subsidiary of Techno Electric Engineering Company Ltd, was awarded the “Transmission Scheme…

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New substation proposed in Assam to strengthen NER-ER grid interconnection

India, News

A new 400kV substation has been proposed in Bornagar, Assam, as part of the interstate transmission system (ISTS) network, to provide an alternative interconnection between the northeastern region (NER) and eastern region (ER) grids. This initiative aims to address the risk of supply disruptions, as the current gateway to the NER grid, the Bongaigaon substation, is located in a flood-prone area. The Central Transmission Utility of India Ltd (CTUIL) has supported this proposal, initially recommended…

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PFCCL transfers two transmission project SPVs to Power Grid Corporation of India

India, News

PFC Consulting Ltd (PFCCL) has transferred two special purpose vehicles (SPVs) related to interstate transmission system (ISTS) schemes to Power Grid Corporation of India Ltd (PGCIL), the winning developer under the tariff-based competitive bidding (TBCB) mechanism. The formal transfer was completed on August 22, 2024, as confirmed by a stock exchange filing from Power Finance Corporation Ltd, the parent company of PFCCL. The first SPV, Sirohi Transmission Ltd, is linked to the transmission system for…

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Tamil Nadu introduces Rs 5 million per MW charge for wind projects

India, News

Tamil Nadu has implemented a Rs 5 million per MW resource charge for wind projects connected to central transmission infrastructure, such as those by the Power Grid Corporation of India (PGCIL). This measure aims to meet the state’s renewable purchase obligation (RPO) and improve local wind resource management. The charge targets wind projects linked to the central grid, which do not directly contribute to Tamil Nadu’s RPO. This could impact project feasibility due to high…

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RECPDCL annuls Rs 127 billion Rajasthan HVDC project tender 

India, News

REC Power Development & Consultancy Ltd (RECPDCL) has cancelled the tendering process for a Rs 127 billion Inter-State Transmission System (ISTS) – Tariff Based Competitive Bidding (TBCB) scheme in Rajasthan involving High Voltage Direct Current (HVDC) infrastructure. This decision comes after Power Grid Corporation of India Ltd (PGCIL) emerged as the lowest bidder (L1). RECPDCL has now issued new tender documents, with the deadline for submitting responses set for September 17, 2024. The reasons for…

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Power Grid secures project for Bhadla-III Pooling Station augmentation

India, News

Power Grid Corporation of India Ltd (PGCIL) has received the letter of intent to develop an interstate transmission system (ISTS) scheme focused on augmenting the Bhadla-III Pooling Station in Rajasthan. The project, part of the Rajasthan Renewable Energy Zone (REZ) Phase-III Scheme, aims to support the evacuation of 20 GW of power and will be executed on a build, own, operate, and transfer (BOOT) basis. The project is estimated to cost around Rs 3.69 billion,…

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G R Infraprojects likely to win bid for Rs 7.93 billion ISTS project in Karnataka

India, News

G R Infraprojects Ltd (GRIL) is likely to secure its third interstate transmission system (ISTS) project under the tariff-based competitive bidding (TBCB) route. GRIL emerged as the lowest bidder (L1) for the “Transmission scheme for integration of Tumkur‐II REZ in Karnataka” during the e-reverse auction conducted on August 6, 2024. The project, coordinated by REC Power Development & Consultancy Ltd (RECPDCL), involves the development of key infrastructure, including a 400/220kV, 4×500 MVA Pooling Station near…

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NCT recommends major ISTS schemes worth over Rs 220 billion

India, News

In its latest meeting, the National Committee on Transmission (NCT) recommended interstate transmission system (ISTS) schemes worth over Rs 220 billion to the Union power ministry for final clearance. A total of ten ISTS schemes, costing Rs 227.3 billion, were discussed. Of these, seven schemes (costing Rs 93.99 billion) will follow the tariff-based competitive bidding (TBCB) mode, while three schemes (costing INR 133.38 billion) will use the regulated tariff mechanism (RTM). TBCB Schemes Each of…

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Skipper secures Rs 7.65 billion orders in Q1 FY25

India, News

Skipper Limited has reported a new order inflow of Rs 7.65 billion in the first quarter of FY25, driven by significant contracts from Power Grid Corporation of India Limited (PGCIL) and other state utilities, as well as projects in the Middle East and Africa. The company’s order book as of June 30, 2024, totals Rs 58.44 billion, with 86 per cent coming from domestic sources. The portfolio includes a significant share from the T&D sector,…

India

News Subsections News India Global Socomec launches compact automatic transfer switching equipment September 10, 2024 Socomec India has unveiled its latest innovation, the “ATyS a M” pre-programmed Automatic Transfer Switching Equipment (ATSE), designed for commercial establishments, high-rise buildings, industries, and sectors like healthcare and hospitality. This… NCT approves TBCB route for Rs 100 billion interstate transmission projects September 10, 2024 The National Committee on Transmission (NCT), in its 22nd meeting on August 23, 2024, recommended…