Madhya Pradesh has readied its blueprint for the Rs.4000 crore worth Green Energy Corridor project spearheaded by Power Grid Corporation (PGCIL), as next the five years would add another 6,000 MW of renewable energy projects in its installed capacity.
FlashNews:
IRB Infra and InvIT Projects Post 10% Growth in July 2025 Toll Collections
India Modernises Maritime Laws with Merchant Shipping and Sea Cargo Bills Passed by Parliament
India Sets Global Record with $0.64/kg Green Ammonia Price Under Hydrogen Mission
IndiGo Starts Construction on One of India’s Largest MROs in Bengaluru
SDHI to Manufacture Varex Cargo Inspection Systems in India
Mumbai-Ahmedabad Bullet Train: Sabarmati Bridge Rises to 36 Metres
Tata Power Profit Rises 6% in Q1 FY2026 on Strong Renewable and Distribution Gains
Suzlon Wins 381 MW Order for Zelestra’s First FDRE Wind Project in India
Kandla Port Achieves Major Sustainability Milestone with Megawatt-Scale Green Hydrogen Plant Launch
Ceinsys Tech Profit Surges 112% in Q1 on Execution of FY2025 Infrastructure Mandates
India Extends ALMM Guidelines to Wind Energy Components, Tightens Cybersecurity Framework
Indian Railways to Add 574 km Under ₹1.1 Trillion Multitracking Plan
ArcelorMittal Reports $1.8 Billion Net Income in Q2 FY2025, Up Threefold
NISAR Mission Unites India and US Amid Trade War and Global Tensions
India’s MNRE Revises Solar Cell ALMM Rule to Support Domestic Bids
REC Achieves ISO 31000 Certification, a First for India’s Public Sector NBFCs
Offshore Energy Gets Boost as India Reforms Licensing Policy: Puri Tells Rajya Sabha
GAIL Posts Q1 FY2026 Revenue of ₹3,479 Billion Amid Sustainability Push
Scindia Urges BSNL Circle Chiefs to Adopt CEO Mindset to Drive Services
Madhya Pradesh gears up for Green Energy Corridor Project
Madhya Pradesh has readied its blueprint for the Rs 4000 crore worth Green Energy Corridor project spearheaded by Power Grid Corporation (PGCIL), as next the five years would add another 6,000 MW of renewable energy projects in its installed capacity. This will also include a mega solar power project of 750 MW capacity, reports the Business Standard.
PGCIL may raise Rs.4,000 cr through bonds by September
Power Grid Corporation India (PGCIL) plans to raise up to Rs.4,000 crore in its third round of fund raising through domestic bonds by September to meet its working capital expenditure.
Power Grid to issue Rs 4,000 cr bond in September
Power Grid (PGCIL) will raise Rs 4,000 crore via AAA-rated corporate bonds in September this year. The company has a mandate to raise Rs 14,000 crore for the year 2016-17 of which PGCIL has already issued financial bonds worth Rs 3,400 crore, last quarter.
PGCIL still has some distance to go
It may have done well but its efforts to upgrade the country's transmission sector haven't been enough, yet.
DRIVERS OF GROWTH
The existence of public sector companies over more than six decades can be divided into three distinct phases; namely, post Independence, post liberalisation and the present
Transmission is levelling the playing field
One has to look back a few years for proper perspective. Once power generation was de-licensed after The Electricity Act 2003, there was a boom in the sector. People started coming into power generation in a big way, both coal-based and coastal.
Delta Video walls at National Transmission Asset Management Centre, Manesar
Power Grid Corporation of India (PGCIL) Limited is among the leading electric utilities that have always equipped their control rooms with the latest equipment. PGCIL recognised that a display wall would enable its operators at National Transmission Asset Management Centre (NTAMC) to have a much clearer view at any given moment.
Rural power faces fund challenge
As the state gears up to meet additional power demand of 3500 MW for rural electrification by the end of 12th Plan
PGCIL lowest bidder for Rs.6,300-cr Vemagiri II proj
Power Grid Corporation Ltd (PGCIL) has emerged as the lowest bidder for Vemagiri II power transmission project of around Rs.6,300 crore in a tariff-based auction. For Vemagiri II project, PGCIL has bid very aggressively and quoted Rs.359 crore annual tariff per annum followed by Sterlite Grid (Rs.429.05 crore), Essel (Rs.459 crore) and Adani (Rs.585 crore).