IndiGrid Acquires Power Transmission firm ENICL for Rs 1,020 Cr Updated On Thu, Jan 30th, 2020 by Saurenergy IndiGrid has announced the acquisition of power transmission firm ENICL for Rs 1,020 crore. IndiGrid, the country’s first infrastructure investment trust in the power sector, has announced the acquisition of power transmission firm East North Interconnection Company Ltd (ENICL) for Rs 1,020 crore. ENICL is part of the interstate transmission scheme network and consists of […] Read more
Need Transmission Infrastructure to Support Clean Energy Goals: Report Updated On Thu, Jan 16th, 2020 by Saurenergy A new report has highlighted that without strategic expansion of transmission infrastructure, the ability to meet clean energy goals may be in jeopardy. A new report by WIRES, the international trade association that promotes investment in all aspects of the high voltage grid, highlights the concerns that without strategic and timely expansion of transmission infrastructure, the […] Read more
Electricity Procurement Contracts Down 11% in December 2019: Report Updated On Wed, Jan 15th, 2020 by Saurenergy Electricity procurement contracts in December 2019 saw 47 contracts announced, marking a drop of 11 percent over the last 12-month average of 53, according to a new database. Electricity procurement contracts in December 2019 saw 47 contracts announced, marking a drop of 11 percent over the last 12-month average of 53, according to GlobalData’s power […] Read more
PFC Tenders for Transmission System for 2500 MW WEZ in Tamil Nadu Updated On Mon, Dec 30th, 2019 by Saurenergy PFC has tendered for developing transmission systems for the evacuation of 2500 MW of wind power from the Karur/ Tiruppur WEZ of Tamil Nadu. PFC Consulting, a subsidiary of Power Finance Corporation, has issued a tender for shortlisting transmission service providers to develop transmission systems for the evacuation of 2500 MW of wind power from […] Read more
Discoms Faced Losses Worth Rs 27k Crore in FY19: RK Singh Updated On Mon, Dec 30th, 2019 by Saurenergy Power Distribution Companies (Discoms) in India suffered losses amounting to Rs 27,000 crore in the 2018-19 financial year, RK Singh has said. Power Distribution Companies (Discoms) in India suffered losses amounting to Rs 27,000 crore in the 2018-19 financial year, Union Minister of Power and New and Renewable Energy RK Singh has said. The government […] Read more
Kerala Adds New Powerline to Boost Power Import Capability by 800 MW Updated On Tue, Nov 19th, 2019 by Saurenergy The Edamon-Kochi power highway has been formally inaugurated and will increase the power import capability of Kerala by 800 MW. Kerala Chief Minister Pinarayi Vijayan has formally inaugurated the 148 km long Edamon-Kochi power highway which will increase the state’s power import capability by 800 MW. “With the completion of the Edamon-Kochi power highway, power can […] Read more
Adani Acquires Transmission Projects Subsidiary From REC Updated On Tue, Oct 15th, 2019 by Saurenergy Adani Transmission has signed a share purchase agreement and completed the acquisition of WRSS XXI (A) Transco Ltd from REC Transmission Projects Company. Adani Transmission (ATL), India’s largest private sector power transmission company, has announced that it has signed a share purchase agreement and completed the acquisition of WRSS XXI (A) Transco Ltd, an SPV […] Read more
Adani Acquires Transmission SPV Linked With RE Projects in Rajasthan Updated On Fri, Sep 20th, 2019 by Saurenergy Adani Transmission has acquired Bikaner-Khetri transmission project in Rajasthan from PFC Consulting, through a tariff-based competitive bidding process. Adani Transmission Ltd (ATL) has acquired Bikaner-Khetri transmission project in Rajasthan from PFC Consulting, according to a regulatory filing. Adani Transmission won the project linked to renewable power generation in Rajasthan through a tariff-based competitive bidding process. ATL signed a share purchase agreement with PFC Consulting […] Read more
PGCIL Wins Inter-State Transmission Project in Rajasthan Updated On Fri, Sep 13th, 2019 by Saurenergy PGCIL has bagged an inter-state power transmission project under a tariff-based competitive bidding process, which would benefit Rajasthan and MP State-owned utility Power Grid Corporation of India (PGCIL) has revealed that it has bagged an inter-state power transmission project under a tariff-based competitive bidding process, which would benefit Rajasthan and Madhya Pradesh. “Power Grid Corporation has been declared as the successful bidder under […] Read more
