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…
The Central Electricity Regulatory Commission (CERC) has granted a final transmission licence to “Bhadla-III Transmission Ltd,” a wholly-owned TBCB subsidiary of Power Grid Corporation of India Ltd (PGCIL). The licence, issued on December 15, 2024, is valid for 25 years unless revoked earlier. Bhadla-III Transmission Ltd is developing an ISTS scheme titled “Additional transmission system…
Power Grid Corporation of India Limited (PGCIL) has received Letters of Intent (LoI) for two major transmission projects. These include the transmission system under ISTS for evacuating power from Kudankulam Nuclear Power Plant Units 3 and 4 (2×1000 MW) and the system strengthening at Koppal-II and Gadag-II for integrating renewable energy (RE) generation projects in…
Power Grid Corporation of India Ltd (PGCIL) has received the letter of intent (LoI) for developing the ISTS-TBCB scheme under “Rajasthan IV 4A Power Transmission Ltd.” The LoI, issued on November 25, 2024, pertains to the “Transmission system for evacuation of power from Rajasthan REZ Ph-IV (Part 4: 3.5 GW): Part A,” with REC Power…
Power Grid Corporation of India Limited (PGCIL) has commissioned the North Eastern Region Strengthening Scheme-XII (NERSS-XII) project, effective 2 November 2024. The notification for commercial operation was received on 23 November 2024. NERSS-XII is an interstate transmission scheme aimed at enhancing the power infrastructure in India’s North-East region. PGCIL developed the project for Rs 5.76…
Power Grid Corporation of India Ltd (PGCIL) acquired “Khavda V-A Power Transmission Ltd” from REC Power Development & Consultancy Ltd (RECPDCL) on November 19, 2024. This project, valued at Rs 250 billion, is the largest interstate transmission system (ISTS) scheme awarded under the tariff-based competitive bidding (TBCB) mechanism. The project is India’s first TBCB-awarded transmission…
Power Grid Corporation of India Ltd (PGCIL) has finalized the acquisition of two interstate transmission system (ISTS) projects awarded through a tariff-based competitive bidding process. These projects were transferred from bid process coordinator PFC Consulting Ltd (PFCCL) on November 7, 2024. The projects will operate under the build, own, operate, and transfer model. The first…
Skipper Ltd announced its highest-ever closing order book of Rs 65.9 billion, with 85% from domestic orders and 15% from exports. The company recorded an order inflow of Rs 16.6 billion in Q2 FY25 (July to September 2024), with key domestic contracts from Power Grid Corporation of India Ltd (PGCIL) and state electricity boards. Export…
The Central Electricity Regulatory Commission (CERC) has approved the annual transmission tariff of Rs 2.91 billion for Sirohi Transmission Ltd, a wholly-owned subsidiary of Power Grid Corporation of India Ltd (PGCIL), for its ISTS scheme. This project, named “Transmission system for evacuation of power from Rajasthan REZ Phase IV (Part 2: 5.5 GW) (Jaisalmer/Barmer Complex)…
Power Grid Corporation of India Ltd (PGCIL) has been named the successful bidder for developing a mega Inter-State Transmission System (ISTS) project utilizing HVDC technology. The project, known as the “Evacuation of power from potential renewable energy zone in Khavda area of Gujarat under Phase-V (8 GW): Part A,” will be established on a build,…