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...
Rajesh Power Services Limited (RSPL) has signed multiple memorandums of understanding (MoUs) with the Gujarat government at the Vibrant Gujarat Regional Conference (VGRC) 2025, covering projects worth Rs 47.54 billion. Under the agreements, RSPL will...
Power Grid Corporation of India Limited (POWERGRID) has completed the acquisition of Mandsaur I RE Transmission Limited (MIRETL), a special purpose vehicle for the transmission project titled “Augmentation of transformation capacity and...
KEC International Ltd., an RPG Group infrastructure EPC company, has won new orders worth Rs 1,102 crore across its businesses. In the civil segment, KEC secured a contract for civil and structural works for a 150 MW thermal power plant in India. Its...
Goa is considering a Rs 5,000 crore loan from the Japan International Cooperation Agency (JICA) to modernise its electricity network and improve reliability and efficiency across residential, commercial, and industrial consumers. The funding would...
Power Grid Corporation of India Limited (POWERGRID) has been declared the successful bidder to develop the “Inter-Regional Strengthening between Southern Region (SR) Grid and Western Region (WR) Grid” project under the Tariff-Based Competitive...
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The Ministry of New and Renewable Energy (MNRE) has released draft guidelines for firmware...
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