Power Finance Corporation Limited has set up a new Special Purpose Vehicle through its wholly owned subsidiary PFC Consulting. The SPV, named Raigad Power Transmission Limited, will support the development of the project titled Establishment of...
Adani Energy Solutions Limited has received a Letter of Intent from PFC Consulting for the project titled “Transmission System for Evacuation of Power from potential renewable energy zone in Khavda area of Gujarat under Phase-V (8GW): Part C.” The...
The Central Electricity Authority (CEA) held a meeting to advance national standardisation of distribution transformer design and maintenance. The aim is to improve reliability and reduce the average failure rate of about 10 per cent, which results...
Transformers and Rectifiers India Limited has informed stock exchanges that it is no longer on the World Bank list of debarred entities. The update follows an earlier notice in which the company was declared ineligible for World Bank funded projects...
AESL Projects Limited has taken over all responsibilities for the Rajasthan Part I Power Transmission Limited HVDC project through a novation agreement signed on November 14, 2025. The move places the entire set of rights and obligations with the...
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...
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...
The Central Electricity Authority (CEA) has released a proposal outlining how states can monetise their existing intra-state transmission networks. The plan seeks to ease the funding gap of more than Rs 9.16 lakh crore identified in the National...
Atlanta Electricals Limited has received transformer supply orders worth Rs 1.16 billion, including its first major international contract. The new orders include Rs 0.56 billion for six 220/33–33 kV dual secondary transformers (160–192 MVA) for...
The Madhya Pradesh government has introduced the Samadhan Yojana 2025–26, a one-time settlement plan to recover Rs 120 billion in unpaid electricity dues from about 9.2 million consumers. The scheme provides surcharge waivers of up to 90% for...
Larsen & Toubro (L&T) has secured a major role in TenneT’s High Voltage Direct Current (HVDC) offshore wind program. TenneT, the Dutch-German transmission system operator, nominated L&T in collaboration with Hitachi Energy to deliver...
India and Nepal have signed key agreements to develop high-capacity cross-border transmission corridors, strengthening electricity trade and regional energy cooperation. Power Grid Corporation of India Limited (POWERGRID) and the Nepal Electricity...
Voltamp Transformers Limited has received a Letter of Intent from Gujarat Energy Transmission Corporation Limited (GETCO) for a contract valued at about Rs 149 crore, inclusive of GST. The scope includes the design, manufacture, testing, and supply...
The central government’s Rs 20,000 crore mega solar power project connecting Ladakh to Haryana has sparked growing opposition from environmentalists and local groups in Himachal Pradesh, who warn it could cause irreversible ecological damage in the...
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...
REC Limited, through its wholly owned arm REC Power Development and Consultancy Limited (RECPDCL), has transferred two special purpose vehicles (SPVs) under the tariff-based competitive bidding process. The transaction was completed on October 17...
Power Grid Corporation of India Limited (POWERGRID) has expanded its interstate transmission portfolio by acquiring two special purpose vehicles (SPVs) through the tariff-based competitive bidding (TBCB) process. POWERGRID acquired Vindhyachal...
KEC International Ltd has secured an order worth Rs 1,038 crore for the design, supply, and installation of a 380 kV gas-insulated substation (GIS) in Saudi Arabia. According to the company, this is its largest-ever substation contract and marks a...
Larsen & Toubro Ltd (L&T) has announced multiple major order wins in the Middle East, spanning its Power Transmission & Distribution (PT&D) and Hydrocarbon Onshore businesses. The PT&D vertical has secured grid infrastructure...
Maharashtra State Electricity Distribution Company Limited (MSEDCL) has signed a statement of intent with the Global Energy Alliance for People and Planet (GEAPP) to enhance the state’s power infrastructure using artificial intelligence (AI) and...
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