Paradeep Transmission, a wholly-owned subsidiary of PFC Consulting created to develop the Eastern Region Expansion Scheme-XXXIV (ERES XXXIV), has been transferred to Tata Power Company.
The sale and transfer process to Tata Power, the successful bidder, was finalized on 06 November 2024. The sale consideration was determined as per guidelines set by the Ministry of Power, Government of India.
A dedicated 132 kV power evacuation line for the Kajra solar project in Bihar has been commissioned, enabling grid connectivity for one of India’s largest solar-plus-battery storage developments. The line will transmit power from the Kajra facility in Lakhisarai district to the Haveli Kharagpur and Lakhisarai substations. The newly operational transmission network, equipped with a…
Power Grid Corporation of India Limited (Powergrid) informed the stock exchanges on March 27, 2026 that it has commissioned the “Transmission System for Power Evacuation from Arun-3 (900 MW) HEP, Nepal of M/s SAPDC – Indian Portion.” The asset has a commercial operation date (COD) of September 3, 2023. The intimation follows a tariff order…
The US Bureau of Ocean Energy Management (BOEM) has issued its final environmental impact statement (EIS) for the 2.4 GW SouthCoast Wind Project, which, if approved, could power approximately 800,000 homes. The SouthCoast Wind proposal includes up to 147 turbines, five offshore substations, and eight export cables, with landfall options at Brayton Point or Falmouth,…
The Solar Energy Corporation of India (SECI) has signed an agreement with Kerala State Electricity Board (KSEB) to set up a 125 MW/500 MWh battery storage system in Kasaragod. The project, to be completed by mid-2025, will help manage peak power demand and stabilize Kerala’s electricity grid. JSW Energy won the contract through a competitive…
Telangana has approved the procurement of 3 GW of solar power over the next five years to support renewable energy integration and meet its Renewable Consumption Obligation under the Telangana Clean and Green Energy Policy, 2025. The process will run through competitive bidding overseen by the Telangana Green Power Procurement Coordination Committee. The state identified…
Virginia Transformer is exploring a potential sale that could value the company at more than $6 billion, according to Bloomberg sources. The company, led by CEO Prabhat K Jain, is one of North America’s largest US-owned power transformer manufacturers. The company is working with an adviser to assess buyer interest, although there is no guarantee…