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PFC forms SPV for 400/220/132 kV AIS Latur transmission project

Power Finance Corporation (PFC) has set up a Special Purpose Vehicle (SPV) through its subsidiary, PFC Consulting Limited. In its 11 December filing, PFC said the SPV, Latur Rez Transmission Limited, will carry out surveys, land acquisition and other...

RECPDCL invites bids for three intra-state transmission projects in Maharashtra

REC Power Development and Consultancy Limited has issued three Requests for Proposal to select Transmission Service Providers for new intra-state transmission projects in Thane, Raigad and Dhule. The projects will support rising electricity demand...

Tata Power commissions 400 kV Koteshwar Rishikesh transmission line

Tata Power has commissioned the 400 kV Koteshwar Rishikesh transmission line. The company announced the development in a press release dated 09 December 2025. The new line will evacuate up to 1,000 MW of hydropower from the Tehri Koteshwar complex in...

KPIL secures Rs 2,003 crore in new EPC orders

Kalpataru Projects International Limited has received new contracts worth about Rs 2,003 crore across its domestic and international operations. The company announced the wins in a press release dated 10 December 2025. The orders fall under the...

Power Minister launches CEA’s Stellar tool

The Minister of Power Shri Manohar Lal launched the Strategic Expansion for Long Term Load Adequacy and Resilience tool developed by the Central Electricity Authority. He said that Artificial Intelligence and Machine Learning will be central to...

Transrail Lighting secures Rs 822 crore EPC orders

Transrail Lighting Limited has announced fresh engineering procurement and construction orders worth Rs 822 crore. The wins include a turnkey EPC contract for a 400 kV transmission line in a Gulf Cooperation Council region and additional contracts in...

Diamond Power wins cable supply order from AGEL

Diamond Power Infrastructure Limited has received a letter of intent from Adani Green Energy Limited to supply 33 kV, 2,126 km high voltage cables and 3.3 kV, 3,539 km solar medium voltage cables. The order is valued at Rs 7.47 billion and will...

TARIL wins Rs 53 crore HVDC transformer order from Power Grid

Transformers and Rectifiers India Limited (TARIL) has disclosed a domestic contract valued at Rs 53.33 crore from Power Grid Corporation of India Limited. The order covers work on a 397 MVA HVDC Converter Transformer. TARIL notified BSE and NSE on 04...

Apraava Energy secures Rs 800 crore for AMI expansion

Apraava Energy has raised Rs 800.9 crore from British International Investment (BII) and Standard Chartered to expand its Advanced Metering Infrastructure (AMI) portfolio. The company signed a Rs 400.5 crore agreement with BII and a Rs 400.4 crore...

IndiGrid to acquire Gadag Transmission Limited for Rs 372 crore

IndiGrid has signed definitive agreements to acquire Gadag Transmission Limited (GTL), an ISTS project in Karnataka, for an enterprise value of about Rs 372 crore. The deal excludes net working capital and cash adjustments and includes an earn out...

Laser Power & Infra secures Rs 836 crore order under RDSS

Laser Power and Infra Ltd has announced three new project mandates worth Rs 836 crore under the Revamped Distribution Sector Scheme (RDSS). The orders were placed by NTPC and two state discoms and will support system strengthening and loss reduction...

TARIL wins Rs 390 crore transformer order from GETCO

Transformers and Rectifiers India Limited has received a new order worth Rs 389.97 crore from Gujarat Energy Transmission Corporation Limited. The company reported the development in a filing to the BSE and NSE. The contract covers the manufacture...

Ceigall India wins Velgaon intrastate transmission project in Maharashtra

Ceigall India Ltd is set to take over the Velgaon intrastate transmission scheme in Maharashtra after receiving the letter of intent from REC Power Development and Consultancy on 23 November 2025. The project will be developed under the tariff-based...

PFC forms SPV for NERGS III and issues tender for Tumkur II transmission upgrade

Power Finance Corporation has incorporated a new Special Purpose Vehicle named NERGS III Siang Basin Transmission Limited. The entity is a wholly owned subsidiary of PFC Consulting Limited, which is fully owned by PFC. The SPV will implement the...

GameChange Solar to expand transformer manufacturing six fold in India

GameChange Solar will scale its transformer manufacturing capacity in India by about six times through its new subsidiary, GameChange BOS. The expansion targets growing global demand and a stronger position in the domestic market. The company...

KEC International says PGCIL tender restriction will not affect ongoing contracts

KEC International has clarified that a recent communication from Power Grid Corporation of India will not affect ongoing contracts or materially impact its financial position. The company said the restriction bars it from participating in Power Grid...

PFC sets up SPV for Establishment of 765/400/220 kV AIS Kandalgaon

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 receives LOI for Khavda Phase V transmission project

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...

CEA pushes national standard for DT design and maintenance

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...

TARIL removed from World Bank debarment list

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...

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Power Sector News Roundup for January 6, 2026

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