transmission

Transmission Policy Would Unlock Clean Energy Growth: ACEG

Building just 22 high-voltage transmission lines that are currently on hold in the US could increase national wind & solar generation by 50% Building just 22 high-voltage transmission lines that are currently on hold in the US could increase national wind and solar generation by 50 percent and create approximately 1.2 million jobs, according to […]

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US DOE to Issue $8.25 Bn in Loans to Enhance Transmission Nationwide

The US DOE has announced the availability of up to USD 8.25 billion in loans for efforts to expand and improve the US transmission grid. In support of the Biden Administration’s commitment to modernise the nation’s power grid and infrastructure and deliver 100 percent clean energy to businesses and homeowners by 2035, the US Department […]

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PowerGrid InvIT’s Rs 7735 Cr IPO to Open at Rs 99-100/Unit Price Band

The PowerGrid Infrastructure Investment Trust (InvIT) has fixed a price band of Rs 99-100 per unit for its Rs 7,735 crore initial share sale, which will open for public subscription on April 29, 2021. The issue will close on May 3, 2021, and the bidding for anchor investors will open on April 28, 2021, according […]

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Sterlite Power & Vinci Energia tie-up for Purchase of Vineyards Project

Sterlite Power, a leading developer of power transmission infrastructure in India and Brazil, and Vinci Energia (VIGT11), through Vinci Infraestrutura Gestora de Recursos LTDA, have announced the formalisation of the commitment of first acquisition of issuance of debentures convertible into shares for the Vineyards Project that is in the final phase of implementation in Brazil. […]

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Tata Power Commissions India’s Largest Natural Ester Filled Power Transformer

Tata Power has announced the commissioning of India’s largest natural ester filled power transformer in the Mumbai Transmission network Tata Power, India’s largest integrated company is committed towards ensuring safety and sustainability for its stakeholders, environment and the community. In line with this commitment, Tata Power has announced the commissioning of India’s largest natural ester […]

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IndiGrid Completes India’s Largest Transmission Asset Acquisition

IndiGrid has announced that it has completed the largest transmission project deal by acquiring NER-II Transmission from Sterlite Power. India Grid Trust (IndiGrid), India’s first and the largest power sector infrastructure investment trust (InvIT), has announced that it has completed the largest transmission project deal by acquiring NER-II Transmission Limited (NER-II) from Sterlite Power at […]

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POWERGRID Takes Remaining 74% Stake in Jaypee Powergrid Limited JV

POWERGRID has signed an agreement with JPVL to acquire 74% stake in Jaypee Powergrid Limited-JV in which POWERGRID already holds 26% equity. Power Grid Corporation of India Limited (POWERGRID), a Maharatna PSE under the Ministry of Power, Government of  India has announced that it has signed a Share Purchase Agreement with Jaiprakash Power Ventures Limited […]

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AfDB Funds $530 Mn Transmission Line in Angola to Boost Renewable Distribution

AfDB to finance transmission line that will connect the north and south grids in Angola and allow for the distribution of clean energy The African Development Bank (AfDB) has committed USD 530 million to finance the construction of a 343 km, 400 kV central-south transmission line that will connect the north and south transmission grids […]

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Siemens Commissions India’s First HVDC Power Transmission Link

Siemens has successfully commissioned India’s first high-voltage direct current (HVDC) link between Pugalur and Thrissur. Siemens Limited has announced that it has successfully commissioned India’s first high-voltage direct current (HVDC) link featuring voltage-sourced converter (VSC) technology. The 2,000 megawatts (MW) electricity transmission system, consisting of two links between Pugalur in the state of Tamil Nadu […]

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