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GE Vernova T&D wins HVDC terminal contract for Khavda evacuation

GE Vernova T&D India Limited has secured a contract for a high-voltage direct current (HVDC) terminal station linked to renewable energy evacuation from Gujarat. The company disclosed the award in a regulatory filing dated 20 December 2025. The...

POWERGRID approves merger of 13 wholly owned subsidiaries

Power Grid Corporation of India Limited (POWERGRID) has approved the merger and amalgamation of 13 wholly owned subsidiary special purpose vehicles (SPVs). The decision was taken by the Board of Directors at its meeting held on 20 December 2025 and...

REC incorporates three transmission SPVs, issues RFP for Sakoli project

REC Limited has disclosed the incorporation of three new special purpose vehicles (SPVs) between 19 December 2025 and 20 December 2025. The entities have been set up through its wholly owned subsidiary REC Power Development and Consultancy Limited...

POWERGRID clears HVDC refurbishment spend, commissions WRES XXV

Power Grid Corporation of India Limited (POWERGRID) announced two developments on 17 December 2025. The company’s Board of Directors approved an investment of Rs 1,226.93 crore for the refurbishment of the Bhadrawati Chandrapur high voltage direct...

GE Vernova wins PGCIL order for Chandrapur HVDC upgrade

GE Vernova T&D India Limited announced on 17 December 2025 that it has received a Letter of Award from Power Grid Corporation of India Limited (PGCIL) for the refurbishment of the 2 x 500 MW high voltage direct current (HVDC) Chandrapur back to...

Kshema Power wins transmission order for 350 MW hybrid project

Kshema Power has secured an order from Oyster Green Hybrid Three Private Limited to develop transmission infrastructure for a 350 MW wind solar hybrid project in Madhya Pradesh. The contract includes the supply, erection, testing and commissioning of...

POWERGRID wins SR–ER transmission project

Power Grid Corporation of India Limited (POWERGRID) has been declared the successful bidder under the tariff-based competitive bidding framework to establish the Inter-State Transmission System for the project titled “Inter Regional Strengthening...

Tata Power wins transmission SPV, plans Rs 2,000 crore NCD issue

Tata Power has received a Letter of Intent from REC Power Development and Consultancy Limited (RECPDCL) for the acquisition of Jejuri Hinjevadi Power Transmission Limited, a project special purpose vehicle. The project has been awarded on a...

KEC International wins Rs 1,150 crore orders

KEC International Limited has announced new orders worth Rs 1,150 crore in its domestic operations. The company disclosed on 12 December 2025 that it has secured two major contracts in India. The Transmission and Distribution business has received...

Adani Energy acquires Khavda phase V transmission SPV

Adani Energy Solutions Limited has completed the acquisition of a transmission project that will support gigawatt-scale renewable energy evacuation from the Khavda region in Gujarat. The company executed a Share Purchase Agreement on 12 December 2025...

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...

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