Supply chain constraints in the global grid equipment market are beginning to ease as original equipment manufacturers (OEMs) expand production capacity and buyers diversify sourcing through countries with surplus manufacturing capability, including Turkey, China, South Korea, and India, according to a report by Rystad Energy. The report stated that prices and lead times for key…
Hitachi Energy India Limited reported a 79.7% year-on-year (YoY) increase in net profit for the fourth quarter of FY26, supported by strong revenue growth and improved operating margins. The company also approved an additional capital expenditure of Rs 2,000 crore to expand manufacturing capacity, including a new large power transformer facility in Gujarat. Net profit…
GE Vernova T&D India Limited reported audited financial results for the fourth quarter and full year ended March 31, 2026, with record order bookings and strong growth in revenue and profitability. The Board also approved an investment of Rs 550 million to establish a new manufacturing facility in Vallam, Tamil Nadu, for disconnectors and drives…
The Maharashtra government has approved a Rs 12,303 crore clean energy programme to expand renewable power, strengthen grid infrastructure, and improve long-term energy security. The decision was taken at a state cabinet meeting chaired by Chief Minister Devendra Fadnavis. The programme, titled Maharashtra: Accelerating Green Energy and Storage Technologies Integration in Connected Grid (MAGESTIC), targets…
Larsen & Toubro Limited’s Power Transmission & Distribution (PT&D) vertical has secured a set of engineering, procurement, and construction (EPC) orders for grid system projects across India and the Middle East. In India, the PT&D vertical received contracts for the design, supply, and construction of two 220 kV Gas Insulated Substations (GIS) in the Durgapur-Raniganj-Asansol…
Tata Power Company Limited has commissioned two 765 kV Extra High Voltage (EHV) transmission corridors in Uttar Pradesh, adding a total of 574 circuit kilometers to the state’s transmission network. The new lines are intended to strengthen the Northern Grid and support large scale power evacuation across Uttar Pradesh. The commissioned corridors include the 380…
The Transmission Corporation of Andhra Pradesh Ltd (APTRANSCO) has outlined plans to complete 55 major transmission projects with a total investment of Rs 9,319.30 crore. The programme will strengthen the state’s power transmission network and ensuring reliable electricity supply across Andhra Pradesh. According to G Surya Sai Praveenchand, Joint Managing Director of the Transmission Corporation…
REC Power Development and Consultancy Limited (RECPDCL) has issued a Request for Proposal (RFP) to select a Transmission Service Provider (TSP) for the project titled “Upgrading 400 kV GSS Kankani to 765 kV GSS along with associated transmission line Package 3 (P3)”. RECPDCL is acting as the Bid Process Coordinator for the project. The project…
PFC Consulting Limited (PFCCL), a wholly owned subsidiary of Power Finance Corporation Limited (PFC), has issued a Request for Proposal (RFP) to appoint a Transmission Service Provider (TSP) for the “Transmission System for integration of Krishnagiri REZ Phase-I.” The selected TSP will establish, own, operate, and transfer the Transmission System for integration of Krishnagiri REZ…
Power Grid Corporation of India (PGCIL) has inaugurated the nation’s first 315 MVA, 400/220/33 kV transformer filled with synthetic ester oil at its Bhiwadi substation in Rajasthan. The installation marks a significant step toward more environmentally conscious and safer grid infrastructure. The commissioning event was attended by senior PGCIL leadership, including Chairman and Managing Director…