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PFC and REC subsidiaries incorporate SPVs for transmission projects

PFC Consulting Limited (PFCCL), a wholly owned subsidiary of state-owned Power Finance Corporation Limited, and REC Limited have incorporated new special purpose vehicles (SPVs) for transmission projects in Maharashtra, Rajasthan, and Gujarat. The...

PFC incorporates SPV for Fatehgarh-II synchronous condenser project

Power Finance Corporation Limited (PFC) has announced the incorporation of Fatehgarh II Transmission Limited as a wholly owned subsidiary of PFC Consulting Limited (PFCCL), which is itself a wholly owned subsidiary of PFC. The special purpose vehicle...

PFCCL issues RFP for Satara pumped storage transmission scheme

PFC Consulting Limited (PFCCL) has floated a Request for Proposal (RFP) for the selection of a Transmission Service Provider (TSP) to develop the “Network Expansion Scheme in Western Region to cater to pumped storage potential near Satara (up to 4500...

UP approves higher compensation for land under transmission towers

The Uttar Pradesh cabinet has approved a proposal to provide double compensation to farmers for land occupied by high-tension power transmission towers, raising payouts for land affected by 765 kV, 400 kV, 220 kV and 132 kV lines across agricultural...

Andhra Pradesh clears DDL framework for Google data centre

The Andhra Pradesh government has cleared a power distribution licence for the upcoming Google data centre in Visakhapatnam under a new deemed distribution licence (DDL) policy. The Energy Department has issued an order enabling DDL for strategic...

UP shifts smart meters from prepaid to postpaid mode

The Uttar Pradesh government has discontinued the prepaid mode of smart electricity meters and directed that all such devices operate in postpaid mode, following consumer complaints over technical issues. The move affects around 8.3 million prepaid...

KEC International wins Rs 1,002 crore orders across segments

KEC International Ltd. has secured new orders worth Rs 1,002 crore across multiple business verticals. A large share of the orders came from the Transmission and Distribution (T&D) segment, including a ±500 kV high-voltage direct current (HVDC)...

Alfa Transformers wins Rs 3.79 crore TPCODL contract

Alfa Transformers Limited has secured a contract worth Rs 3.79 crore from TP Central Odisha Distribution Limited (TPCODL), a joint venture of Tata Power and the Government of Odisha. The order covers the supply of distribution transformers of various...

Atlanta Electricals wins Rs 190 crore transformer order from RVPN

Atlanta Electricals Limited has secured an order worth approximately Rs 190 crores from Rajasthan Rajya Vidyut Prasaran Nigam Limited (RVPN), the state’s power transmission utility, for the supply of power transformers and associated fire protection...

KP Green Engineering secures Rs 508 crore multi-segment orders

KP Green Engineering Limited has secured multiple confirmed orders spanning several business segments, aggregating to Rs 507.94 crore, including taxes. The solar projects segment accounts for the largest share at Rs 237.10 crore, covering fixed tilt...

NCT weighs doubling reverse flow on Raigarh-Pugalur HVDC link

The National Committee on Transmission (NCT) is examining a proposal to double the reverse power flow capacity of the Raigarh-Pugalur High Voltage Direct Current (HVDC) link, aiming to strengthen the transfer of renewable energy from southern to...

Om Power Transmission wins Rs 45 crore GETCO substation order

Om Power Transmission Limited has secured a Letter of Intent (LoI) from Gujarat Energy Transmission Corporation Limited (GETCO) for a turnkey substation project worth Rs 44.95 crore, inclusive of GST. The contract involves the supply, erection...

PFCCL sets up five SPVs for REZ-linked transmission projects

PFC Consulting Limited (PFCCL), a wholly owned subsidiary of Power Finance Corporation Limited (PFC), has incorporated five Special Purpose Vehicles (SPVs) to undertake preparatory work for Independent Transmission Projects (ITPs) across multiple...

Bajel Projects secures 500 kV transmission EPC order in MENA

Bajel Projects Limited has secured an engineering, procurement and construction (EPC) contract to build a 500 kV overhead transmission line in the Middle East and North Africa (MENA) region, according to a regulatory filing dated April 29, 2026. The...

Bikaner-V transmission plan faces uncertainty amid developer pushback

The proposed 6 GW Bikaner-V transmission scheme, intended to evacuate renewable energy from Rajasthan, faces uncertainty after developers rejected a proposal to shift connectivity to existing substations with access limited to non-solar hours. The...

NCT shelves Mundra green hydrogen transmission scheme over lack of demand

The National Committee on Transmission (NCT) has decided to shelve a dedicated transmission scheme planned to supply power to a proposed green hydrogen and ammonia manufacturing hub in Mundra, Gujarat, citing absence of demand visibility. The...

TARIL secures USD 16.26 million export transformer order

Transformers and Rectifiers (India) Limited (TARIL) has secured an export order worth USD 16,258,352, equivalent to about Rs 150 crore, from PDC AK LPIV, LLC. The contract covers the manufacturing and supply of five transformers, with delivery...

Quality Power secures Rs 48.3 crore US order for reactors

India’s Quality Power Electrical Equipments Limited has secured an international order worth about Rs 48.3 crore, excluding taxes, for the supply of high-voltage reactors to a data centre project in the United States of America. The awarding entity...

Polycab incorporates EPC arm Polycon Infra Projects

Polycab India Limited has incorporated a wholly owned subsidiary, Polycon Infra Projects Private Limited (PIPPL), effective April 24, 2026. The new entity will serve as an extension of the parent company, focusing on engineering, procurement and...

Saatvik acquires 80% in Melcon, enters transformer manufacturing

Saatvik Green Energy Limited has signed a Share Purchase Agreement to acquire an 80% equity stake in Melcon Transformers and Electricals Private Limited, marking its entry into power equipment manufacturing as it expands beyond solar photovoltaic...

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Recent Posts

PFCCL incorporates SPV for 5×500 MVA Benachigere transmission project

PFC Consulting Limited (PFCCL), a wholly-owned subsidiary of Power Finance Corporation Limited...

NCT’s new scheme to act as “shock absorber” for northern grid

The National Committee on Transmission (NCT) has approved a Rs 4,378 crore transmission scheme to...

AMPIN Solar ONE rolls out first solar cell from 1.3 GW Odisha plant

AMPIN Solar ONE, the joint venture between AMPIN Energy Transition and Jupiter International...

India has nearly 47 GW BESS capacity under development, Parliament told

India has nearly 47 GW of Battery Energy Storage System (BESS) capacity at various stages of...

Shyam Sel and Power commissions 8.9 MWp solar project in West Bengal

Shyam Sel and Power Limited, a wholly owned subsidiary of Shyam Metals and Energy Limited, has...

Hisun Green commissions 220 kV transmission line for JSW in Maharashtra

Hisun Green Power Private Limited has commissioned the Harali 220 kV Double Circuit Transmission...

Suzlon Q1 net profit falls 6% to Rs 305 crore; revenue rises 22.5%

Suzlon Energy Limited reported a consolidated net profit of Rs 305 crore for the quarter ended June...

Hindalco submits proposal to NPCIL for 220 MW Bharat Small Reactors

Hindalco Industries has submitted a formal proposal to Nuclear Power Corporation of India Limited...

Gurdeep Singh gets six-month extension as NTPC CMD from August 1

The Ministry of Power, Government of India, has extended the tenure of Shri Gurdeep Singh as...

Power Sector News Roundup for July 28, 2026

Why Gujarat’s Kandla hydrogen transmission plan fell through The National Committee on Transmission...