Daily News Wrap-Up: PGCIL Wins Transmission Project to Evacuate 8.1 GW of Solar Power

Daily News Wrap-Up: PGCIL Wins Transmission Project to Evacuate 8.1 GW of Solar Power

Power Grid Corporation of India Limited (PGCIL) was declared the winner under the tariff-based competitive bidding to establish a transmission system for evacuation of power from solar energy zones in ...
Fraunhofer ISE Sets 68.9% Efficiency Record for Photovoltaic Cell Under Laser Light

Fraunhofer ISE Sets 68.9% Efficiency Record for Photovoltaic Cell Under Laser Light

At the 48th IEEE Photovoltaic Specialists Conference, researchers from Germany’s Fraunhofer Institute for Solar Energy System (ISE) demonstrated how they have obtained a record conversion efficiency of 68.9% with a photovoltaic ...
/ / Solar, Technology
PGCIL Gets Board Approval to Invest ₹22.20 Billion in Power Transmission Network

PGCIL Gets Board Approval to Invest ₹22.20 Billion in Power Transmission Network

Power Grid Corporation of India Limited (PGCIL) noted that on May 21, 2021, its Board has approved an investment to the tune of ~₹22.20 billion (~$301.48 million) for commissioning various ...
DISCOMs Get 3 Month Moratorium to Pay Power Generators Due to COVID-19 Disruption

DISCOMs Get 3 Month Moratorium to Pay Power Generators Due to COVID-19 Disruption

Amid the growing fear of the spread of Coronavirus and the lockdown imposed by the country to stop the spread of COVID-19, the workforce of the power sector, including the ...
/ / Grid, Market & Policy
Adani to Build Power Transmission Network in Gujarat for Renewable Energy Evacuation

Adani to Build Power Transmission Network in Gujarat for Renewable Energy Evacuation

Adani Transmission Ltd. (ATL), the transmission business arm of the Adani Group, has received two Letters of Intent (LoI) from REC Transmission Projects Company Limited (RECTPCL) to develop two transmission ...
/ / Grid, T&D
AfDB Extends $153.5 Million for Developing Tunisia’s Power Transmission Network

AfDB Extends $153.5 Million for Developing Tunisia’s Power Transmission Network

In a major boost to the Tunisian renewable energy sector, African Development Board (AfDB) has sanctioned €138 million (~$153.5 million) for the Tunisian Company of Energy and Gas (STEG) to ...
/ / Grid, T&D
Adani Acquires Transmission Project in Rajasthan Solar Zone from PFC Consulting

Adani Acquires Transmission Project in Rajasthan Solar Zone from PFC Consulting

Adani Transmission Limited (ATL) has signed a share purchase agreement and completed the acquisition of the special purpose vehicle of Bikaner-Khetri Transmission Limited (BKTL),  incorporated by PFC Consulting Ltd. ATL ...
/ / Finance and M&A, Other
India Requires $60-80 Billion Investment Over the Next 5 Years in Grid Infrastructure: IEEFA

India Requires $60-80 Billion Investment Over the Next 5 Years in Grid Infrastructure: IEEFA

India will need an investment to the tune of $60-80 billion over the next five years in grid infrastructure to accommodate its tremendous growth in renewable energy capacity, said a ...
/ / Grid, T&D
World Bank Offers $310 Million Loan to Reform Jharkhand’s Power Transmission System

World Bank Offers $310 Million Loan to Reform Jharkhand’s Power Transmission System

Helping another Indian state in turning around the face of its energy infrastructure, the World Bank has now come forward with a $310 million loan assistance for Jharkhand. The agreement, ...
/ / Grid, Grid Optimization