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.
FlashNews:
405 routes now operational under UDAN scheme
MNRE to implement Rooftop Solar Programme Phase-II
Punjab floats tender for 217 MW solar projects under PM-KUSUM
Adani Group to acquire new space for Thiruvananthapuram airport
NHAI initiates DPR for new Mysuru-Kerala NH project
HMT Machine Tools Ajmer develops grinding machine for railway axles
Tata Steel completes maiden multi-modal shipment of TMT bars
Kochi airport to be power-positive with new solar plant
Gadkari to lay foundation stone for many highway works
Talasani inaugurates last down ramp of PVNR Expressway
India’s solar installations in 2021 surpass a record 10 GW capacity
A unit of Parli thermal power plant shut due to coal shortage
Samrath Kochar, Founder & CEO, Trontek: The battery space is constantly evolving
Sajjan Jindal is CW Man of the Year – Private Sector
GR Infra, Tata Projects, Afcons India’s fastest growing large construction companies
BRO Lt Gen Rajeev Chaudhry is CW Man of the Year – Public Sector
Welspun, PSP, Ahluwalia bag honours as fastest construction companies in under ₹2k cr
APCO, DRAIPL, HG Infra bag honours as fastest growing construction companies
7th India Construction Festival takes off with focus on tech
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
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.
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.
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).
Transmitting Energy through Steel
JSPL has been supplying steel to all the major transmission tower manufacturers across the country for domestic as well as international power transmission projects.