Power Grid approves Rs 3.41 billion for two transmission projects
Author: PPD Team Date: March 19, 2025
Author: PPD Team Date: March 19, 2025
The Committee of Directors (CoD) on investment of projects at Power Grid Corporation of India Limited (PGCIL) has approved two major transmission projects, with a total investment of Rs 3.41 billion. The approval was granted on March 13, 2025.
The first project “Transmission scheme for evacuation of power from Ratle HEP (850 MW) & Kiru HEP (624 MW): Part-B in Jammu & Kashmir” is divided into two parts:
PGCIL plans to complete this project by July 2026, under the regulated tariff mechanism (RTM) mode.
The second project is “Augmentation of transformation capacity by 2×500 MVA (9th & 10th), 400/220 kV ICTs at Tumkur (Pavagada) 400/220 kV Pooling Station in Karnataka and Implementation of 1 nos. of 220 kV line bay at Tumkur (Pavagada) 400/220 kV PS for providing Connectivity to RE generation project.”
The estimated cost of this project is Rs 1.23 billion, with scheduled commissioning by May 2026.
Author: PPD Team Date: November 26, 2024 NTPC Green Energy Limited (NGEL), a wholly owned subsidiary of NTPC, received an overall subscription of 2.4 times for its initial public offering (IPO) on the final day of bidding. The IPO offered 593 million equity shares at a price band of Rs 102-108 and received bids for 1.43 billion shares, based on stock exchange data. The subscription breakdown revealed that the qualified institutional buyer category was subscribed…
Author: PPD Team Date: January 21, 2025 Power Grid Corporation of India Limited (PGCIL) has completed the acquisition of 7,730,225 equity shares of IL&FS Energy Development Company Limited (IEDCL) in Cross Border Power Transmission Company Limited (CPTCL). This follows an arrangement where IEDCL, a shareholder in CPTCL, divested its entire equity stake as part of the resolution framework approved by the National Company Law Tribunal. CPTCL is a joint venture focused on implementing the Indian…
Author: PPD Team Date: May 26, 2025 Multi Infrastructure and Engineering Private Limited (MIEPL) has secured a contract from Central Electronics Limited (CEL) to set up a 200 MW solar module manufacturing facility in Ghaziabad, Uttar Pradesh. The project tender was floated by CEL in April 2025. It will be implemented on a revenue-sharing model under the Make in India initiative. MIEPL stated that the new facility will help scale up domestic solar module production….
Author: PPD Team Date: July 18, 2025 India’s installed solar power capacity reached 110.9 GW by June 2025, out of a total renewable capacity of 237.5 GW, according to a commentary published by the Observer Research Foundation (ORF). The authors argue that India should reassess its solar potential estimates, which remain based on outdated assumptions and data from 2010 and 2011. The current official estimate of 748 GWp of solar potential, calculated by the National…
Author: PPD Team Date: January 2, 2025 PFC Consulting Limited (PFCCL) has incorporated Fatehgarh II And Barmer I PS Transmission Limited, a special purpose vehicle (SPV), for the augmentation at Fatehgarh-II PS, Fatehgarh-IV PS (Section-II), and Barmer-I PS. The incorporation was completed on December 30, 2024. PFCCL is serving as the bid process coordinator (BPC) to select a transmission service provider (TSP) for the project’s establishment through the tariff-based competitive bidding (TBCB) process.
Author: PPD Team Date: August 29, 2025 G R Infraprojects Limited has received a Letter of Intent (LOI) for the “Transmission system for Evacuation of Power from RE Projects in Rajgarh (1500 MW) SEZ in Madhya Pradesh-Phase III and Evacuation of Power from RE Projects in Neemuch (1000 MW) SEZ in Madhya Pradesh-Phase II.” The award was issued on 27 August 2025 by REC Power Development and Consultancy Limited. The project is being implemented through…