power transmission

India | News | T&D

REC transfers two Maharashtra transmission SPVs
By January 12, 2026January 12, 2026

REC Power Development and Consultancy Limited (RECPDCL) has transferred its entire shareholding in two project-specific special purpose vehicles (SPVs), Velgaon Power Transmission Limited and Jejuri Hinjewadi Power Transmission Limited, to successful bidders selected through a tariff-based competitive bidding (TBCB) process. The divestments were completed through separate Share Purchase Agreements signed on 9 January 2026. Jejuri Hinjewadi Power Transmission Limited was acquired by The Tata Power Company Limited, while Velgaon Power Transmission Limited was acquired by…

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India | News | T&D

Advait Energy Transitions emerges L1 bidder for two power projects
By January 12, 2026January 12, 2026

Advait Energy Transitions Limited (formerly Advait Infratech Limited) has the stock exchanges that it has emerged as the lowest bidder in two separate competitive tenders. The company received confirmations for both projects on 8 January 2026. Under the first project, awarded by Paschim Gujarat Vij Company Limited (PGVCL), Advait Energy has received bid confirmation for works under the Revamped Distribution Sector Scheme (RDSS). The contract involves the supply, installation, testing, and commissioning of 11 kV…

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India | News | Policy & Programmes

CTU notifies indicative capital costs for dedicated transmission systems
By December 23, 2025December 23, 2025

The Central Transmission Utility (CTU) has notified the indicative capital cost for various configurations of dedicated transmission systems. The document, titled Indicative Capital Cost of Dedicated Transmission Systems, provides standard reference costs for dedicated transmission lines and reactive power equipment to support planning and cost sharing among developers, lenders, and utilities. The CTU has clarified that these are indicative benchmarks and not fixed tariffs, and that Right of Way costs are excluded. For 220 kV…

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India | News | T&D

POWERGRID approves merger of 13 wholly owned subsidiaries
By December 22, 2025December 22, 2025

Power Grid Corporation of India Limited (POWERGRID) has approved the merger and amalgamation of 13 wholly owned subsidiary special purpose vehicles (SPVs). The decision was taken by the Board of Directors at its meeting held on 20 December 2025 and disclosed to stock exchanges under the Securities and Exchange Board of India Listing Obligations and Disclosure Requirements Regulations, 2015. The approved restructuring involves the merger of 11 subsidiary companies into two larger subsidiaries. The move…

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Renewable Energy | India | News

KP Group signs MoU with Botswana for $4 billion renewable push
By December 19, 2025December 19, 2025

KP Group signed a Memorandum of Understanding (MoU) with the Government of Botswana on 17 December 2025 to collaborate on large scale renewable energy generation, storage, and transmission infrastructure. The proposed investment is estimated at $4 billion (Rs 36,000 crore) and is aligned with Botswana’s target of becoming a net zero country by 2030 and scaling renewable energy capacity to nearly 5 GW. The MoU was signed between Botswana’s Ministry of Minerals and Energy and…

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India | News | T&D

POWERGRID clears HVDC refurbishment spend, commissions WRES XXV
By December 18, 2025December 18, 2025

Power Grid Corporation of India Limited (POWERGRID) announced two developments on 17 December 2025. The company’s Board of Directors approved an investment of Rs 1,226.93 crore for the refurbishment of the Bhadrawati Chandrapur high voltage direct current (HVDC) back to back system. POWERGRID also confirmed the commissioning of the Western Region Expansion Scheme Twenty Five (WRES XXV) transmission project. At its board meeting held on 17 December 2025, POWERGRID approved capital expenditure for the Refurbishment…

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India | News | T&D

GE Vernova wins PGCIL order for Chandrapur HVDC upgrade
By December 18, 2025December 18, 2025

GE Vernova T&D India Limited announced on 17 December 2025 that it has received a Letter of Award from Power Grid Corporation of India Limited (PGCIL) for the refurbishment of the 2 x 500 MW high voltage direct current (HVDC) Chandrapur back to back link. The project is a key interconnection between the Northern and Southern regions of India. The contract awarded by the domestic public sector utility PGCIL covers the design, supply, and execution…

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India | News | T&D

PFC and REC form new SPVs for interstate transmission projects
By November 11, 2025November 11, 2025

Power Finance Corporation Ltd. (PFC) and REC Limited have announced the formation of new special purpose vehicles (SPVs) to advance key interstate power transmission projects. PFC Consulting Limited (PFCCL), a wholly owned subsidiary of PFC, has incorporated Alibag Power Transmission Limited to manage preliminary work for the “Establishment of 765/400/220 kV AIS Dolvi (Dist. Raigad)” transmission project in Maharashtra. The SPV’s creation follows a Letter of Intent from Maharashtra State Electricity Transmission Company Limited (MSETCL),…

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India | News | T&D

Transformers and Rectifiers secures Rs 103 crore order from GETCO
By November 11, 2025November 11, 2025

Transformers and Rectifiers (India) Limited (TARIL) has received a domestic order worth Rs 103.45 crore from Gujarat Energy Transmission Corporation Limited (GETCO) for the manufacturing and supply of 54 transformers of various types. In a regulatory filing dated November 10, 2025, TARIL stated that the order is part of its regular business operations and does not qualify as a related party transaction. The company expects to complete deliveries by the next financial year. The order…

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India | News | T&D

Kalpataru Projects secures Rs 2,332 crore orders
By October 24, 2025October 28, 2025

Kalpataru Projects International Limited (KPIL) and its international subsidiaries have received new orders worth about Rs 2,332 crore. The projects cover power transmission and distribution (T&D) contracts in overseas markets and building and factory (B&F) projects in India. According to Managing Director and Chief Executive Officer Manish Mohnot, total order inflows in FY26 have reached nearly Rs 15,000 crore, marking about 25% year-on-year growth. Mohnot added that the T&D orders reinforce KPIL’s global leadership, while…

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