In a historic development for India’s power sector, the boards of Power Finance Corporation Limited (PFC) and REC Limited have approved a Scheme of Merger under Sections 230 to 232 of the Companies Act, 2013, for the amalgamation of REC into...
Power Grid Corporation of India Limited (PGCIL) has completed the commissioning of the “Transmission scheme for Solar Energy Zone in Ananthapuram (Ananthapur) (2500 MW) and Kurnool (1000 MW), Andhra Pradesh” project. The project achieved...
Bihar recorded its highest-ever peak electricity demand of 9,068 MW at 10:56 PM on June 24, 2026, and met the requirement without any power shortage, according to the National Load Despatch Centre’s (NLDC) Daily Power Supply Position report...
Transrail Lighting Limited has secured fresh international orders worth approximately Rs 459 crore, primarily in its transmission and distribution (T&D) business. The orders comprise engineering, procurement and construction (EPC) projects for...
POWERGRID Corporation of India Limited has approved an investment of Rs 772.65 crore for the upgradation of the Udumalpet–Madurai 400 kV Single Circuit (S/c) transmission line to a Udumalpet–Madurai 400 kV (quad) Double Circuit (D/c) transmission...
Kalpataru Projects International Limited (KPIL) has completed the sale of its remaining approximately 26% equity stake in Kohima-Mariani Transmission Limited (KMTL) to Apraava Energy Private Limited, completing its exit from the transmission project...
Accord Transformer & Switchgear Limited has received vendor registration approval from Uttar Gujarat Vij Company Limited (UGVCL), enabling it to manufacture and supply 500 kVA, 11/0.415 kV Level-1 CRGO Copper Wound Distribution Transformers to...
Gemstar Infra Pte. Ltd. has secured Rs 2,600 crore in financing from a consortium led by the International Finance Corporation (IFC) to support the deployment and operation of 13.6 million smart meters across 28 districts of Rajasthan. The financing...
IRCON International Limited, in joint venture with M/s Badri Rai & Company (BRC), has secured a works contract worth Rs 763.10 crore, inclusive of 18% GST, from Tripura State Electricity Corporation Limited (TSECL) for the development of smart...
RK Infra Electricals Limited secured the contract for the establishment of a 220/66/11 kV substation at Sirivara (Kodimuddanahalli), Karnataka, comprising two 150 MVA transformers and two 20 MVA transformers, with a total contract value of Rs 164.74...
Uttar Pradesh has recorded the highest peak electricity demand ever achieved by any state in India, with demand reaching 32,348 MW at 10:47 PM on June 21, 2026. According to data released by the Uttar Pradesh State Load Dispatch Centre (UPSLDC), the...
Resonia Limited has secured the Kurnool IV REZ Power Transmission Limited project from the Ministry of Power. The inter-state transmission system (ISTS) project is aimed at strengthening transmission connectivity between Andhra Pradesh and Telangana...
Yash Highvoltage Limited has approved a preferential issue of equity shares and convertible warrants aggregating up to approximately Rs 151 crore. The proposed fund raise is aimed at expanding the company’s transformer bushing manufacturing...
Five companies have qualified to participate in the commercial bidding stage for the “Augmentation at Bhadla-III, Ramgarh PS and Kanpur (PG)” interstate transmission project, which is designed to support evacuation of power from...
Power Finance Corporation Limited (PFC) has informed the stock exchanges that its wholly owned subsidiary, Bihar Infrapower Limited, has been struck off from the register of companies by the Registrar of Companies under Section 248 of the Companies...
CG Power and Industrial Solutions Ltd. has emerged as the lowest bidder (L1) for a power transformers package for NTPC Limited’s 3×800 MW Telangana Super Thermal Power Project Stage-II. According to the financial bids opened on June 17...
Texmaco Rail & Engineering Limited has received two orders from Odisha Power Transmission Corporation Limited (OPTCL) for power transmission infrastructure works with a combined value of Rs 11.65 crore, inclusive of taxes. The contracts cover...
The Tata Power Company Limited has received a Letter of Intent (LOI) from REC Power Development and Consultancy Limited (RECPDCL) for the acquisition and development of a transmission project in Karnataka under the Tariff-Based Competitive Bidding...
The competition for transmission projects under the Tariff-Based Competitive Bidding (TBCB) framework is intensifying, with Adani Energy Solutions Limited (AESL), Power Grid Corporation of India Limited (PGCIL), Resonia Limited and several new...
Rajesh Power Services Limited (RPSL) has secured an order worth Rs 211.68 crore, including taxes, from Odisha Power Transmission Corporation Limited (OPTCL), a Government of Odisha undertaking. The contract marks the company’s entry into Odisha...
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