NHPTL Signs JV Agreement To Infuse Funds To Six Parties

A recent joint venture (JV) agreement was signed between National High Power Test Laboratory Pvt. Ltd., (NHPTL) viz. National Thermal Power Corporation (NTPC), National Hydroelectric Power Corporation (NHPC), POWERGRID, Damodar Valley Corporation (DVC) and Central Power Research Institute (CPRI) as a revival plan which comprised of equity transactions between shareholders. This agreement was based on […]

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POWERGRID To Evacuate 18 GW Power From Gujarat, Rajasthan Plants

Power Grid Corporation of India, POWERGRID, has announced that it has won the contracts to establish three inter-state transmission systems (ISTS) projects on a build, own, operate, and transfer (BOOT) basis to evacuate 18 GW of power from several plants based in Rajasthan & Gujarat. These projects include a Transmission System for the evacuation of […]

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CERC Grants Transmission Approval to POWERGRID In Andhra Pradesh

A petition was filed by POWERGRID Ananthpuram Kurnool Transmission Limited for the grant of a transmission licence under Sections 14 and 15 of the Electricity Act to establish the Inter-State Transmission System for the “Transmission Scheme for Solar Energy Zone in Ananthpuram (Ananthapur) (2500 MW ) and Kurnool (1000 MW), Andhra Pradesh” on a Build, […]

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MNRE Notifies Guideline For 13 GW RE, 12GWh BESS Projects In Ladakh

The Cabinet Committee on Economic Affairs (CCEA) in its notification shared the recent President’s sanction for the implementation of a 13 GW renewable energy project in Ladakh (IST GEC – II). The long awaited project comprises of 13 GW renewable energy capacity along with a 12GWh Battery Energy Storage system (BESS) in Ladakh. The government […]

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Rooftop Solar: Will PSUs Deliver For PM Suryodaya Yojana?

The MNRE’s January 25 Office Memorandum, where it allocated states to specific PSUs for pushing the ambitious new Rooftop Solar targets, throws up some very interesting questions. With a target of 10 million households, and upto 3 KW of solar for each, the Pradhan Mantri Suryodaya Yojana is potentially a game changer, offering an opportunity […]

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Power Grid Wins Bids For ISTS Transmission Line Between Rajasthan-Delhi

Electricity transmission company Power Grid Corporation Of India (Power Grid) was declared a successful bidder under a tariff based competitive bidding (TBCB) for a transmission project in Rajasthan. A Letter of Intent (LoI) issued on dated 29th December 2023, which has been received by Power Grid Corporation of India Limited on 1st January 2024. “In […]

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Powergrid Acquires Two SPVs for Evacuation Of Green Power From Rajasthan

Power Grid Corporation of India Limited (Powergrid) – a Maharatna CPSU under the Ministry of Power has recently acquired two Project Special Purpose Vehicles (SPVs) namely- Ramgarh II Transmission Limited and Beawar Dausa Transmission Limited for the Transmission System Projects. They will be used for the evacuation of power from the Renewable Energy Zone (REZ) […]

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Powergrid Emerges Successful Bidder for 2500 MW Transmission Project

India’s largest electricity transmission company  Power Grid Corporation of India Limited, has emerged as the successful bidder under tariff based competitive bidding, for the acquisition of Ananthpuram Kurnool Transmission Limited to establish transmission scheme for solar energy zone in Ananthpuram (Ananthapur) (2500 MW). It has also bagged Kurnool (1000 MW) project in Andhra Pradesh. The […]

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Powergrid Emerges Successful Bidder for ISTS Project in Rajasthan

India’s largest electricity transmission company Power Grid Corporation of India Limited (Powergrid) has successfully bagged a project under the tariff-based competitive bidding (TBCB) process to set up an Inter-State Transmission System Project titled, “Transmission system for evacuation of power from REZ in Rajasthan (20 GW) under Phase-III Part C1” on a Build, Own Operate, and […]

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