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Four firms shortlisted for transmission scheme of Ratle and Kiru HEP evacuation

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  Four firms have been shortlisted as technically qualified for the Transmission scheme for evacuation of power from Ratle HEP (850 MW) & Kiru HEP (624 MW): Part-A: Power Grid Corporation of India Limited (PGCIL), Resonia Limited (erstwhile Sterlite Grid 32 Limited), Adani Energy Solutions Limited (AESL), and IndiGrid 2 Private Limited.  REC Power Distribution Company Limited (REC PDCL) invited Request for Proposal (RFP) bids for the same in September 2024. REC PDCL has been…

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Adani Energy Solutions achieves 30 per cent transmission network expansion

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Adani Energy Solutions achieved significant growth during the latest quarter, expanding its transmission network to 26,485 circuit kilometres (ckm), marking a 29.7% increase from the previous year’s 20,422 ckm.  Its power transformation capacity surged to 84,286 MVA, up from 54,661 MVA YoY, while transmission availability stood at 99.21%, slightly lower than last year’s 99.69%. System availability remained stable at 99.69%. In project development, the company secured two major contracts: the Rs 34.55 billion Khavda Phase…

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PGCIL and Adani Energy qualify for Khavda transmission project

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Power Grid Corporation of India Limited (PGCIL) and Adani Energy Solutions Ltd have emerged as qualified bidders for the Augmentation of transformation capacity at KPS1 (GIS) and KPS2 (GIS) (Phase-V Part B1 and Part B2 scheme). REC Power Development and Consultancy Limited (REC PDCL) is the bid process coordinator (BPC) for selecting a transmission service provider (TSP) through a tariff-based competitive bidding (TBCB) process.  The project’s special purpose vehicle (SPV) is Khavda V-B1B2 Power Transmission…

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PFCCL transfers four SPVs to PGCIL and Adani Energy

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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…