powergrid

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Daily News Wrap-Up: Corporate Funding for Energy Storage Up 15% in 9M 2024

Corporate funding for energy storage rose 15% year-over-year in the first nine months (9M) of  2024, while it decreased 33% for smart grids in the U.S. Corporate funding...

October 28, 2024

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Mercom Staff

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Daily Wrap-up
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Daily News Wrap-Up: Rajasthan Announces Incentives for RE Projects

The Rajasthan Investment Promotion Scheme 2024, announced by the state government recently, offers a slew of incentives to boost investments in renewable energy, battery...

October 23, 2024

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Mercom Staff

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Daily Wrap-up
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POWERGRID Announces Bond Issue of Up to ₹50 Billion

Government-owned transmission utility Power Grid Corporation of India (POWERGRID) has approved the issuance of bonds worth up to ₹50 billion (~$594.7 million) on a...

October 22, 2024

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Gautamee Hazarika

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Other

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Renewable Energy
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POWERGRID Secures ISTS Transmission Project in Gujarat

Power Grid Corporation of India (POWERGRID) has won a project to provide reactive compensation for an inter-state transmission (ISTS) project in Gujarat from  PFC...

September 24, 2024

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Gautamee Hazarika

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Markets & Policy

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Renewable Energy
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APTEL Approves 289 Days Time Extension for POWERGRID’s Transmission Project

The Appellate Tribunal for Electricity (APTEL) has ruled that POWERGRID Southern Interconnector Transmission System (PSITSL) entitled to an extension of 289 days for the...

August 19, 2024

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Arjun Joshi

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Grid

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Market & Policy
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POWERGRID Invites Bids for 1.6 MW Solar Power Projects

Power Grid Corporation of India (POWERGRID) has invited bids for the supply, installation, testing, and commissioning of a 1 MW and a 600 kW grid-connected...

August 8, 2024

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Tina Freese

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Solar

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Tenders & Auctions
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Daily News Wrap-Up: Application Process for ALMM Inclusion and Renewal

The recent reimposition of the Approved List of Models and Manufacturers (ALMM) regulation by the Ministry of New and Renewable Energy (MNRE) has once again raised...

April 19, 2024

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Mercom Staff

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Daily Wrap-up
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POWERGRID Wins Contracts to Evacuate 18 GW of Renewable Energy

Government-owned power transmission utility Power Grid Corporation of India (POWERGRID) has won the contracts to establish three inter-state transmission systems (ISTS)...

April 18, 2024

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Gautamee Hazarika

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Other

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Renewable Energy
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POWERGRID Approves ₹6.5 Billion Investments for Two Transmission Projects

Government-owned power transmission utility Power Grid Corporation of India (POWERGRID) has approved investments in two projects totaling ₹6.5 billion (~$79.03 million)....

February 19, 2024

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Staff

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Tenders and Auctions
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POWERGRID to Invest ₹3.67 Billion for Infrastructure Expansion

Government-owned power transmission utility Power Grid Corporation of India’s (POWERGRID) committee of directors has accorded investment approval for two transmission...

November 23, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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POWERGRID Receives Ministry Nod to Set Up Overhead Transmission Lines in Rajasthan

The Ministry of Power has authorized POWERGRID Bhadla Transmission, a special-purpose vehicle of POWERGRID, a state-owned power transmission company, to set up overhead...

November 21, 2023

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Staff

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Other

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Renewable Energy
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Daily News Wrap-Up: Electric Vehicle Sales Surge 40% YoY in Q3 2023

Electric vehicle (EV) sales in India reached 371,214 units in the third quarter of 2023, a year-over-year increase of 40% compared to 264,781 units sold in the same...

October 4, 2023

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Mercom Staff

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Daily Wrap-up
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POWERGRID Wins Contract to Evacuate 23.5 GW of Renewable Power

The Power Grid Corporation of India (POWERGRID) has emerged as the successful bidder for the execution of the two inter-state transmission system projects – Bhadla III...

October 3, 2023

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Arjun Joshi

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Grid

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Tenders & Auctions
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POWERGRID to Raise ₹22.5 Billion Through Bonds Issue

Government-owned power transmission utility Power Grid Corporation of India (POWERGRID) has received approval from its Board of Directors to raise unsecured,...

September 26, 2023

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Arjun Joshi

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Finance and M&A

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Grid
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Daily News Wrap-Up: Ministry Announces 25% Incentive for Critical Minerals Explorations

In a bid to enhance the exploration of critical minerals within the country, the government of India announced a 25% incentive on the approved project cost for...

September 14, 2023

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Mercom Staff

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Daily Wrap-up

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