REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, the Maharatna CPSU under the aegis of Ministry of Power, handed over 3 Nos. project specific SPV (Special Purpose Vehicle) of ISTS Transmission Project under TBCB route viz. Banaskantha Transco Limited, Kurnool-IV Transmission Limited & Rajasthan V Power Transmission Limited to Power Grid Corporation of...
Tag: PGCIL
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A Ray of Hope, Amid the Gloom
Amidst the chaos seen in the power sector, with 22,000 MW thermal power projects lying idle for the need of coal or gas and lenders taking power generating assets to National Company Law Tribunal (NCLT) to recover dues, the transmission sector- with longer life cycle and lower risks- has exhibited the only ray of hope for investors and developers alike.
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RE sector will compel the government to announce new transmission projects
In an interaction, DC Bagde, Managing Director, Transrail Lighting (Transrail) told INFRASTRUCTURE TODAY that the transmission and distribution segment (T&D) is likely to attract an investment of at least USD 50 billion. It's a shot in the arm for the country's T&D network, but it will not be enough.
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SmartE to set up EV charging infrastructure around metro stations
Along with state-owned Power Grid Corporation of India (PGCIL), SmartE is in plans to set up charging infrastructure around metro stations.
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Asian Development Bank extends $175-million loan to Power Grid
The Asian Development Bank has extended a $175-million loan to public sector undertaking Power Grid Corporation of India Limited (PGCIL).
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Skipper Ltd secures orders worth Rs 405 crore
Skipper Limited, a renowned power transmission & distribution player, has announced new orders worth approximately Rs 405 crore in its Engineering Products segment.
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Power Grid evinces interest to invest in Telangana
Power Grid Corporation of India Limited (PGCIL) has evinced interest in investing in power transmission lines in Telangana. “PGCIL has expressed its interest to invest in the transmission projects in the state. The Chief Minister wanted officials from the state electricity department and PGCIL to hold talks in this regard,” a release issued by Telangana Chief Minister K Chandrasekhar Rao’s office said.
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Tamil Nadu joins UDAY, ‘Power for All’ gets a boost
The Ministry of Power has signed an MoU for Ujwal DISCOM Assurance Yojana (UDAY) with Tamil Nadu in New Delhi, on 9 January, 2017. With the signing of the ‘24x7 Power For All (PFA)’ roadmap document with the state, the roadmap for all the 28 states, except one, and all the seven Union Territories in the country has now been finalised and is under implementation.
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Power Grid must monetise transmission assets to unlock capital, says Goyal
Power minister Piyush Goyal has urged Central electricity transmission utility Power Grid Corporation (PGCIL) and state transmission companies to ´unlock capital´ that has accrued over years in transmission assets.
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‘Coal Mitra’ portal launched to facilitate flexibility in domestic coal utilisation
Union Minister of State for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal, has launched ‘Coal Mitra’, a Web portal for flexibility in utilisation of domestic coal. He also released reports on ‘Renewable Energy Integration: Transmission an Enabler’, ‘Green Energy Corridor II’ and ‘Electricity Demand Pattern Analysis’.