The successful bidders, chosen through tariff‑based competitive bidding, will develop the projects on a BOOT basis. REC Power Development and Consultancy Ltd (RECPDCL), a wholly owned subsidiary of power financier REC Ltd, handed over two project‑specific special purpose vehicles (SPVs) for inter‑state transmission projects to the respective successful bidders on July 29. The SPVs transferred...
Tag: power grid
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India’s Power Grid Crosses 500,000 Circuit Km, Marks 71.6% Growth Since 2014
India registered the achievement on January 14 with a 628 ckm, 765 kV transmission line from Bhadla II to Sikar II substation, boosting renewable energy evacuation capacity. India’s power sector has begun 2026 on a high note, with the national transmission network surpassing 500,000 circuit kilometres (ckm) of lines and 1,407 GVA of transformation capacity...
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India Takes Major Step Towards Creation of Regional Power Grid
In a major stride towards creating a robust regional power grid, the country’s largest power trading platform, the Indian Energy Exchange (IEX), has commenced the cross-border electricity trade (CBET). This maiden initiative will help energy exchanges based here progressively extend their reach beyond India’s territorial boundaries to not only countries of South Asia but also...
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BHEL bags Rs.1,360-cr order for 6,000 MW power project
BHEL, in association with ABB, has bagged a project worth Rs 1,360 crore from Power Grid Corp.
BHEL´s scope of work is valued at Rs 1,360 crore for setting up an 800 kV, 6,000 MW HVDC link between Western Region Grid (Raigarh, Chhattisgarh) and Southern Region Grid (Pugalur, Tamil Nadu).
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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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Centre approves another 52,319 houses under PMAY
The Central government has approved construction of another 52,319 houses for the urban poor, including 11,286 houses in poll-bound Uttar Pradesh, under the Pradhan Mantri Awas Yojana (PMAY-Urban).
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Kudankulam Unit 2 to be connected to power grid
Days after the first unit of the Kudankulam nuclear power plant was inaugurated, officials of the Russian firm involved in the project have said that Unit 2 will soon be connected to the power grid.
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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.
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It is my duty to give back to society
With 28 years of experience in power transmission, distribution and generation, Dhananjay Ketkar is currently Chief Operating Officer at Egis India. An engineer and a post graduate in cost and management accounting, Ketkar started his career with NTPC in the power generation domain.
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Drones to monitor power projects
Ground inspections are passé for the Indian power sector which is set to deploy drones to cut costs and improve efficiency. Heralding a technological leap in power transmission, the companies, especially state-owned Power Grid, would now use drones for monitoring project development in critical areas.