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PFCCL issues RfP for synchronous condenser project at Fatehgarh-II

PFC Consulting Limited (PFCCL), acting as Bid Process Coordinator, has issued a Request for Proposal (RfP) to select a Transmission Service Provider (TSP) for installation of two synchronous condenser units at the 765/400/220kV Fatehgarh-II Pooling...

GEAPP launches India grid accelerator with $25 million commitment

The Global Energy Alliance for People and Planet (GEAPP) has launched the India Grids of the Future Accelerator at Mumbai Climate Week 2026, committing up to $25 million to modernise power distribution infrastructure. The platform aims to help...

AdaniConneX incorporates Navi Mumbai Power Distribution subsidiary

AdaniConneX Private Limited (ACX), a 50:50 joint venture of Adani Group and EdgeConneX, has incorporated a wholly owned subsidiary, Navi Mumbai Power Distribution Limited (NMPDL). NMPDL has been incorporated in India and registered with the Registrar...

Bajel Projects forms 50:50 JV with ASC in Saudi Arabia

Bajel Projects Limited has signed a joint venture agreement with Al Sharif Contracting and Commercial Development Company (ASC) to set up a new entity in the Kingdom of Saudi Arabia. The agreement, executed on February 17, 2026, establishes a 50:50...

Hartek secures Rs 735 crore orders for transmission projects

Hartek Group’s power systems business unit has secured cumulative orders worth Rs 735 crore across the utility, Independent Power Producer (IPP), and industrial segments. The contracts cover substation and transmission infrastructure projects ranging...

REC forms SPV for Vizag green hydrogen transmission project

REC Limited has incorporated Vizag Power Transmission Limited as a wholly owned subsidiary through REC Power Development and Consultancy Limited (RECPDCL). The special purpose vehicle was established on February 16, 2026 for the project titled...

Siemens Energy to invest Rs 2,060 crore in transformer facility

Siemens Energy India Limited has approved an investment of about Rs 2,060 crore to set up a new power transformer manufacturing facility with an additional capacity of around 30,000 MVA. The decision was cleared by the Board of Directors at its...

POWERGRID acquires Bellary Davanagere transmission SPV

Power Grid Corporation of India Limited (POWERGRID) has completed the acquisition of Bellary Davanagere Power Transmission Limited, a project-specific special purpose vehicle (SPV) formed for “Transmission system strengthening for integration of...

Rajesh Power forms transmission JV for East Central Railway

Rajesh Power Services Limited has signed a joint venture agreement with VITS Total Power Solutions Private Limited to bid for and execute a transmission project for East Central Railway. The joint venture will operate under the name RPSL-VITS JV...

Land constraints prompt redesign of Ananthapuram-III REZ transmission scheme

The National Committee on Transmission (NCT) has approved a revised transmission scheme for the Ananthapuram-III Renewable Energy Zone (REZ), reducing Phase-I capacity to 3 GW and replacing the proposed 765 kV Bidadi link with an alternative corridor...

POWERGRID wins Pune Region-I transmission expansion project

Power Grid Corporation of India Limited (POWERGRID) has been declared the successful bidder for an intra-state transmission project in Maharashtra under the Tariff Based Competitive Bidding (TBCB) framework, the company informed exchanges today. The...

SEPC wins Rs 314 crore smart metering order in Punjab

SEPC Ltd, formerly Shriram EPC Ltd, announced that it has secured an order worth Rs 313.96 crore for a smart metering project in Punjab’s Central Zone. The order has been received from Telecommunications Consultants India Ltd (TCIL) under the...

NCT backs transmission schemes for 25.5 GW renewable evacuation in Gujarat

The National Committee on Transmission (NCT) has recommended interstate transmission schemes with a cumulative estimated cost of Rs 24,048 crore for evacuation of 25.5 GW of renewable energy from Gujarat. The recommendation follows confirmation of...

Genus Power to acquire full ownership of two AMISP subsidiaries

Genus Power Infrastructures Limited, on February 10, 2026, entered into a Share Purchase Agreement to acquire 100% equity in Himachal Pradesh C Zone Smart Metering Private Ltd. and Genus Assam Package-3 SPV Limited. The acquisition will be carried...

Bajel Projects wins two Power Grid contracts worth over Rs 400 crore

Bajel Projects Limited announced on February 6, 2026, that it has secured two contracts from Power Grid Corporation of India Limited (PGCIL), together valued at over Rs 400 crore. The orders cover a substation extension and a high-capacity...

Adani Energy Solutions delivers one crore smart meters

Adani Energy Solutions Limited (AESL) announced on February 5, 2026, that it has delivered one crore smart electricity meters across India. The company said it is the first entity in the country, and possibly worldwide, to reach this scale. AESL also...

RECPDCL invites bids for Vizag green hydrogen transmission and Dholpur grid project

REC Power Development and Consultancy Limited (RECPDCL) has invited competitive bids for two interstate transmission projects in Andhra Pradesh and Rajasthan. On February 3, 2026, RECPDCL issued a Request for Proposal (RfP) to select a transmission...

PFC completes transfer of two transmission SPVs to winning bidders

Power Finance Corporation Limited (PFC) has completed the transfer of two wholly owned subsidiaries held through its subsidiary, PFC Consulting Limited, to successful bidders. The transfers were finalised on February 3, 2026, following completion of...

Power Grid gets approval to merge transmission subsidiaries under two entities

Power Grid Corporation of India Limited has received regulatory approval to consolidate multiple wholly owned transmission subsidiaries into two entities, as part of a move to streamline its corporate structure. In a disclosure to the stock exchanges...

Advait Energy wins Rs 20 crore ERS order from MSETCL

Advait Energy Transitions Limited, formerly Advait Infratech Limited, has secured a domestic order for an Emergency Restoration System (ERS) from a state transmission utility. The order was awarded on February 3, 2026, by Maharashtra State...

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