PGCIL’s Rajasthan Subsidiary Secures Transmission License for 8.1 GW of Solar Projects
The Central Electricity Regulatory Commission (CERC), in a recent order, has granted a transmission license to Bikaner-II Bhiwadi Transco, a special purpose vehicle of Power Grid Corporation of India (PGCIL), ...
Supreme Court Lifts Stay Order on Dadra & Nagar Haveli, Daman & Diu DISCOM Privatization
The Supreme Court of India has lifted the suspension order imposed by the Bombay High Court on the distribution company (DISCOM) privatization process, according to the update provided to the ...
Waiver of ISTS Charges for Solar and Wind Projects Extended until June 30, 2025
The Ministry of Power (MoP) has announced an extension to the inter-state transmission system (ISTS) charges waiver on solar and wind energy projects commissioned up to June 30, 2025. The waiver applies ...
India’s Peak Power Deficit Fell to 0.4% During the FY 2020-21: CEA
India's energy supply deficit for the financial year (FY) 2020-21 stood at 0.4%, with the peak power deficit also narrowing down to 0.4% during the year, according to the data ...
Overhead Powerlines Directed to be Taken Underground to Save the Great Indian Bustard
In an important development, the Supreme Court of India has directed the appropriate authorities to install diverters in the habitats of the Great Indian Bustard and convert the overhead cables ...
Transmission Infrastructure Crucial to Support Growing Solar Capacity
The pandemic was just one of the issues that pushed the solar back last year. The industry faced several other impediments coming in the way of project development. One of ...
Andhra DISCOMs Seek ₹30 Billion Loan from PFC and REC to Clear Power Generators’ Dues
Distribution companies (DISCOMs) in Andhra Pradesh have informed the Andhra Pradesh High Court they had sought a loan of ₹30 billion (~$407.95 million) from the Power Finance Corporation (PFC) and ...
Contract Performance Guarantee for Power Transmission Projects Reduced by Over 60%
The Ministry of Power has reduced the contract performance guarantee for tariff-based competitive bidding transmission projects by more than 60%. The contract performance guarantee will now be charged at the ...
AfDB to Fund $530 Million for Renewables Transmission Projects in Angola
The African Development Bank (AfDB) has committed $530 million to finance a 343 km, 400 kV central-south transmission line connecting the north and south transmission grids in Angola for distributing ...
Power Ministry Favors Tariff-Based Competitive Bidding for Intrastate Transmission
In a recent notification, the Ministry of Power (MoP) said that as the intrastate transmission systems have a major share in the country, the adoption of tariff-based competitive bidding to ...
PGCIL Acquires Ramgarh New Transmission to Facilitate 8.1 GW of Solar Power
Power Grid Corporation of India Limited (PGCIL), a state-owned power transmission company, has acquired the Ramgarh New Transmission Limited (RNTL) under Phase II, Part-A of the 'transmission strengthening program' to ...
IndiGrid To Acquire Transmission Project from Sterlite Power for ₹46.25 Billion
Infrastructure investment trust IndiGrid has signed a share purchase agreement to acquire NER–II transmission project from Sterlite Power for about ₹46.25 billion (~$632.9 million). The acquisition would increase IndiGrid's assets ...
Telangana Solar Developers Write to Chief Minister About Piling Dues from DISCOMs
The Telangana Solar Power Developers' Association has urged the state Chief Minister to advise the Telangana State Power Coordination Committee and Telangana state distribution companies (DISCOMs) to clear at least ...
CERC Revises Grant of Connectivity Guidelines for ISTS-Connected Renewable Projects
The Central Electricity Regulatory Commission (CERC) has approved the revised guidelines for the grant of interstate transmission system (ISTS) connectivity to renewable energy projects. The Commission had issued draft amendments ...
India, AIIB Sign ₹21.9 Billion Loan Deal to Strengthen Power Transmission in Assam
The Government of India and the Asian Infrastructure Investment Bank (AIIB) have signed a loan agreement for $304 million (~₹21.9 billion) to develop the 'Assam Intra-State Transmission System Enhancement' project ...
PGCIL Bags Two Transmission Projects to Evacuate 8.1 GW of Solar Power
Power Grid Corporation of India (PGCIL), a state-owned power transmission company, has bagged two power transmission projects in Rajasthan through tariff-based competitive bidding. These projects are built to evacuate 8.1 ...
Avaada, Ayana to Build Transmission Lines for 650 MW of Solar Projects
The Central Electricity Authority (CEA) has provided approval to Avaada Energy and Ayana Renewable Power to construct transmission lines for 350 MW and 300 MW of solar projects, respectively, in ...
PGCIL Bags Three Transmission Projects to Evacuate 8.1 GW of Solar Power
Power Grid Corporation (PGCIL) of India, a state-owned power transmission company, has bagged three power transmission projects in Rajasthan through competitive bidding. These are built to evacuate 8.1 GW of ...
Eden Renewables, SoftBank to Build Transmission Lines For 600 MW Solar Projects in Rajasthan
The Central Electricity Authority (CEA) has provided approval to special purpose vehicles of Eden Renewables and SoftBank Energy to construct transmission lines for 300 MW of solar projects each in ...
Tender Floated to Set Up Transmission System for the 1.5 GW Solar Park in Madhya Pradesh
The Rewa Ultra Mega Solar Limited (RUMSL) has invited bids to develop the transmission system for 1.5 GW of projects in the solar park in Madhya Pradesh. Interested bidders are ...
AMP Capital and Sterlite Power to Jointly Develop Power Transmission Projects in India
Australia-based investment manager AMP Capital announced that it has established a 50:50 partnership with power transmission infrastructure developer Sterlite Power to develop power transmission projects in India. The two companies ...
Cabinet Approves ₹67 Billion Plan for Power Infrastructure of North Eastern States
The cabinet committee on economic affairs has approved the Revised Cost Estimate (RCE) for the North Eastern Region Power System Improvement Project (NERPSIP) with an estimated cost of ₹67 billion ...
646,439 Rural Households in West Bengal Electrified Under SAUBHAGYA Program
The West Bengal Electricity Regulatory Commission (WBERC) has approved an investment proposal of ₹2.42 billion (~$32.92 million) by the West Bengal State Electricity Distribution Company (WBSEDCL) for providing connectivity and ...
Over ₹281 Billion Needed for Building Transmission Systems for Evacuating Renewables
The Central Electricity Authority (CEA), in its annual report for 2019-20, issued updates on the Green Energy Corridor program for the transmission and integration of renewable energy. To boost the ...
PFC Approves Nearly ₹21 Billion for Sterlite’s ISTS Project Connecting West & Northeast
Mumbai-based power transmission company Sterlite Power secured the financial closure for its Vapi II North Lakhimpur Transmission Limited (VNLTL). Sterlite said that the total debt funding of ₹20.7 billion (~$281 ...
