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I Squared Capital launches $1 billion India transmission platform

I Squared Capital has launched Cube Grid, a $1 billion platform focused on investing in India’s power transmission sector. The Miami-headquartered firm said the platform will build and acquire transmission infrastructure assets to support rising...

TARIL wins Rs 175 crore order for Rajasthan GIS projects

Transformers and Rectifiers (India) Limited (TARIL) has secured a domestic order worth Rs 175 crore from Bhanwariya Infra Projects Private Limited, the company informed stock exchanges on Tuesday. The order includes manufacturing and associated work...

GE Vernova T&D India posts record FY26 orders, approves Vallam facility

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...

What is changing in India’s transmission landscape

For years, the Tariff-Based Competitive Bidding (TBCB) route for transmission projects followed a predictable pattern. Power Grid Corporation of India Limited (PowerGrid) would win the majority of projects. Private players would win some. The overall...

Power Grid approves three transmission projects worth Rs 584 crore

Power Grid Corporation of India Limited (POWERGRID) has approved three transmission and communication infrastructure projects with a combined estimated cost of Rs 584.13 crore, according to a regulatory filing. The approvals were granted by the...

Diamond Power commissions seventh MV/EHV cable line in Gujarat

Diamond Power Infrastructure Limited has commissioned its seventh medium voltage (MV) and extra high voltage (EHV) power cable production line at its manufacturing facility in Vadodara, Gujarat. The newly operational line uses Continuous Catenary...

Skipper secures Rs 1,265 crore T&D orders

Skipper Limited has announced the receipt of new orders worth Rs 1,265 crore for domestic and international transmission and distribution (T&D) projects. The orders include 765 kV and 400 kV transmission line projects awarded by a reputed...

Jyoti Structures signs Sri Lanka transmission JV with Hayleys Fentons

Jyoti Structures Limited has entered into a contract agreement with National Transmission Network Service Provider (Private) Limited (NTNSP) under the Mullikulam Wind Power Transmission Project in Sri Lanka, the company announced. The project is...

Atlanta Electricals debarred by Bihar utility; disputes test findings

Atlanta Electricals Limited has received a debarment order from South Bihar Power Distribution Company Limited (SBPDCL), restricting the company from participating in its tenders for a period of two years, according to a stock exchange filing. The...

Bajel Projects wins Maharashtra, Karnataka transmission EPC orders

Bajel Projects Limited has secured two engineering, procurement and construction (EPC) contracts for transmission infrastructure projects in Maharashtra and Karnataka, both classified by the company as “Major” orders valued between Rs 200 crore and...

L&T secures Middle East substation EPC orders

Larsen & Toubro Limited (L&T) has secured multiple engineering, procurement and construction (EPC) orders for extra-high voltage substations in the Middle East through its Power Transmission & Distribution (PT&D) business vertical...

Natrinai Ventures commissions 75 MW substation in Tamil Nadu

Natrinai Ventures Limited has commissioned a 75 MW, 110/33 kV pooling substation at Pudukkottai in Tamil Nadu to support power evacuation from its solar assets in the region and strengthen renewable energy transmission infrastructure. The substation...

Alfa Transformers secures Rs 8.15 crore TPWODL contract

Alfa Transformers Limited has secured a rate contract worth Rs 8.15 crore from TP Western Odisha Distribution Limited (TPWODL), a joint venture between Tata Power and the Government of Odisha, for the supply of distribution transformers of multiple...

PFC and REC subsidiaries incorporate SPVs for transmission projects

PFC Consulting Limited (PFCCL), a wholly owned subsidiary of state-owned Power Finance Corporation Limited, and REC Limited have incorporated new special purpose vehicles (SPVs) for transmission projects in Maharashtra, Rajasthan, and Gujarat. The...

PFC incorporates SPV for Fatehgarh-II synchronous condenser project

Power Finance Corporation Limited (PFC) has announced the incorporation of Fatehgarh II Transmission Limited as a wholly owned subsidiary of PFC Consulting Limited (PFCCL), which is itself a wholly owned subsidiary of PFC. The special purpose vehicle...

PFCCL issues RFP for Satara pumped storage transmission scheme

PFC Consulting Limited (PFCCL) has floated a Request for Proposal (RFP) for the selection of a Transmission Service Provider (TSP) to develop the “Network Expansion Scheme in Western Region to cater to pumped storage potential near Satara (up to 4500...

UP approves higher compensation for land under transmission towers

The Uttar Pradesh cabinet has approved a proposal to provide double compensation to farmers for land occupied by high-tension power transmission towers, raising payouts for land affected by 765 kV, 400 kV, 220 kV and 132 kV lines across agricultural...

Andhra Pradesh clears DDL framework for Google data centre

The Andhra Pradesh government has cleared a power distribution licence for the upcoming Google data centre in Visakhapatnam under a new deemed distribution licence (DDL) policy. The Energy Department has issued an order enabling DDL for strategic...

UP shifts smart meters from prepaid to postpaid mode

The Uttar Pradesh government has discontinued the prepaid mode of smart electricity meters and directed that all such devices operate in postpaid mode, following consumer complaints over technical issues. The move affects around 8.3 million prepaid...

KEC International wins Rs 1,002 crore orders across segments

KEC International Ltd. has secured new orders worth Rs 1,002 crore across multiple business verticals. A large share of the orders came from the Transmission and Distribution (T&D) segment, including a ±500 kV high-voltage direct current (HVDC)...

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Adani Power to acquire JAL power assets under NCLT-approved plan

Adani Power Limited has entered into definitive agreements with Jaiprakash Associates Limited to...

I Squared Capital launches $1 billion India transmission platform

I Squared Capital has launched Cube Grid, a $1 billion platform focused on investing in India’s...

PM’s Europe tour advances hydrogen, offshore wind partnerships

Prime Minister Narendra Modi’s five-nation tour from May 15-20 resulted in multiple agreements...

CERC proposes stricter ESS connectivity and GNA bank guarantee norms

The Central Electricity Regulatory Commission (CERC) has released the draft Central Electricity...

Rooftop solar installations get fourth mounting structure option

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CEA issues ester oil advisory amid West Asia crisis

The Central Electricity Authority (CEA) has issued an advisory directing central, state, and private...

KPI Green unit signs 120 MW BESS agreement with GUVNL

KPI Green Energy Limited has announced that its subsidiary, Sun Drops Energia Limited, has signed a...

Saatvik Green Energy posts record FY26 revenue, profit

Saatvik Green Energy Limited reported its audited standalone and consolidated financial results for...

Solfin raises Rs 280 crore for clean energy financing expansion

Solfin Sustainable Finance has raised Rs 280 crore in a recently closed funding round and reported...

Oyster Renewable, Dalmia Cement to build 31.6 MW hybrid project

Oyster Renewable Energy and Dalmia Cement (Bharat) Limited have announced plans to develop a 31.6 MW...