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PGCIL sells residual stake in four entities to PGInvIT
Power Grid Corporation of India Ltd (PGCIL) has sold its remaining 26% stake in four associate companies to Power Grid Infrastructure Investment Trust (PGInvIT) for Rs 5.07 billion. The transfer, completed on December 30, 2024, aligns with share purchase agreements involving PGCIL, IDBI Trusteeship Services Ltd, PUTL (Powergrid Unchahar Transmission Ltd), and the concerned entities….
EIE Renewables wins 10 MW solar project from ITI in Uttar Pradesh
EIE Renewables has been awarded a contract by ITI Limited to develop a 10 MW ground-mounted solar power project at Naini in Uttar Pradesh. The project was awarded through a competitive bidding process. The project will be implemented on a Build Own Operate Transfer (BOOT) basis, after which only BOOT is used. Under the contract,…
KPTCL launches dynamic line rating pilot on Bengaluru transmission line
Karnataka Power Transmission Corporation Limited (KPTCL) has launched a pilot project to implement Dynamic Line Rating (DLR) technology on the 220 kV Puttenahalli–Sahakarnagar transmission line in Bengaluru. The initiative aims to increase the line’s capacity by up to 25% through software and sensor-based monitoring, without constructing new transmission infrastructure. KPTCL has issued a Letter of…
KEC International wins Rs 3,243 crore T&D orders
KEC International Limited, part of the RPG Group, has secured new contracts worth Rs 3,243 crore in its transmission and distribution segment. The projects include construction of 400 kV transmission lines in the United Arab Emirates (UAE) and supply of towers, hardware, and poles in the Americas. With these awards, the company’s year-to-date order intake…
UAE launches world’s first 24/7 gigascale energy storage project
The UAE has launched the world’s first large-scale, round-the-clock gigascale energy storage project in Abu Dhabi, combining a 5.2GW solar power plant with a 19GWh battery energy storage system (BESS). The initiative enables the UAE to dispatch renewable energy 24/7, addressing intermittency challenges that have hindered renewable energy deployment globally. The project will deliver 1GW…
PFCCL incorporates three new SPVs for key transmission projects
PFC Consulting Limited (PFCCL) has incorporated three new special purpose vehicles (SPVs) to implement power transmission projects in Maharashtra, Andhra Pradesh, and Telangana. These SPVs were formed to execute projects under the Tariff-Based Competitive Bidding (TBCB) framework. The first two SPVs—Wagdari Transmission Limited and Kurnool IV REZ Power Transmission Limited—were incorporated on 14 June 2025….
