Power Grid Corporation of India Ltd (PGCIL) reported a net profit of Rs 3,566 crore for the quarter, down 6% from Rs 3,793 crore in the same period last year. Revenue rose 1.8% to Rs 11,476 crore from Rs 11,277 crore, while EBITDA declined 6.1% to Rs 9,114 crore. EBITDA margin fell to 79.4% from 86% a year ago. GE Vernova T&D posted a net profit of Rs 299.5 crore, more than doubling the Rs…
Power Grid Corporation of India Limited (PGCIL) has awarded two contracts under its bulk procurement programme for 765 kV and 400 kV class transformers and reactors. The first contract, valued at Rs 3.17 billion, was awarded to CG Power & Industrial Solutions Limited for the 765 kV Reactor Package 7RT-21-BULK. The package covers 30×80 MVAR, 765 kV, single-phase reactors. Two bids were received, with CG Power emerging as the lowest bidder. GE Vernova T&D India…
Power Grid Corporation of India Limited (PGCIL) has awarded a Rs 233.39 million contract to a joint venture of Jain Irrigation Systems Limited and H2e Power Systems Private Limited for setting up a green hydrogen microgrid pilot project. The project involves establishing a Solar PV-powered green hydrogen and fuel cell-based microgrid pilot at the 400/220/33 kV Neemrana substation in Rajasthan. Listed as T&D-Pilot Package GH2-01, the project will be executed on a build-operate-maintain model for…
Kanohar Electricals Limited has won a contract valued at Rs 5,686.69 million from Power Grid Corporation of India Limited (PGCIL) for the supply of high-capacity power transformers under its bulk procurement programme. The order, listed as 400 kV Transformer Package-4TR-08-BULK under Lot 4, includes the procurement of: 17 units of 500 MVA, 400/220/33 kV, 3-phase transformers 2 units of 500 MVA, 400/230/33 kV, 3-phase transformers 1 unit of 315 MVA, 400/220/33 kV, 3-phase transformer PGCIL…
CG Power and Industrial Solutions Limited has secured its largest-ever single order — a Rs 641-crore contract from Power Grid Corporation of India Limited (PGCIL). The order is for 765kV Transformer Package 7TR-12-Bulk. It covers the supply of 765/400kV single-phase transformers under a corporate procurement package. PGCIL had invited bids for this in December 2024. Other bidders included Bharat Heavy Electricals Limited (BHEL) and GE Vernova T&D India Limited. Earlier this year, CG Power’s board…
Power Grid Corporation of India Limited (PGCIL) has proposed the merger of 17 Inter-State Transmission System (ISTS) subsidiaries, set up under the Tariff Based Competitive Bidding (TBCB) route, into two existing TBCB subsidiaries. Under Part 1 of the plan, five subsidiaries will be amalgamated into Vataman Transmission Limited. These include: Bhadla III Transmission Limited Ramgarh II Transmission Limited Beawar Dausa Transmission Limited Bikaner III Neemrana Transmission Limited Sikar Khetri Transmission Limited (SKTL) Under Part 2,…
Hitachi Energy India Limited has secured a contract worth Rs 6,470.27 million from Power Grid Corporation of India Limited (PGCIL) for the supply of high-voltage transformers. The contract, awarded on June 10, 2025, covers the 765 kV Transformer Package 7TR-13-BULK. It includes 30 units of 500 MVA, 765/400 kV single-phase transformers. This forms part of Lot 4 under PGCIL’s bulk procurement plan for 765 kV and 400 kV class transformers and reactors of various capacities….
Power Grid Corporation of India Ltd (PGCIL) has cleared a Rs 131.68 crore project titled Establishment of State-of-the-Art National Unified Network Management System (N-UNMS). This will integrate all regional network management systems into a unified national platform. The decision was taken by PGCIL’s Committee of Directors on Investment on Projects during its June 10, 2025 meeting. The project is being executed under the RTM framework, with formal allocation from Central Transmission Utility of India Ltd…
Power Grid Corporation of India Limited (PGCIL) has commissioned the Kathalguri (NEEPCO)–Namsai (POWERGRID) 220 kV double-circuit transmission line. The line is part of the System Strengthening Scheme for Eastern and North Eastern Regions and spans across Arunachal Pradesh and Assam. The project is being executed under two schemes: Eastern Region Strengthening Scheme-XXV (ERSS-XXV) Implemented at Banka in Bihar, this involves: Creation of a 220 kV GIS bus at Banka (POWERGRID) substation Extension of 400 kV…
Amara Raja Infra Private Limited has secured a contract worth Rs 799.12 million for the 765kV AIS Extension Package SS 95T at the Bidar pooling station from Power Grid Corporation of India Limited (PGCIL). The contract is part of the project titled Augmentation of Transformation Capacity by 3×500 MVA, 400/220kV ICT (6th to 8th) and 1×1500 MVA, 765/400kV ICT (4th) at Bidar PS. Amara Raja Infra was selected through competitive bidding. KEI Industries Limited also…