Page 5 - Power Grid Corporation Of India
Abhay Choudhary takes over as Director (Projects) of Power Grid Corporation
State-run Power Grid Corporation of India (PGCIL) on Sunday said that Abhay Choudhary has assumed the charge as its Director (Projects). Prior to this assignment, he has been working as Executive Director (Commercial & Regulatory Cell) along with the charge of CMD (Chairman & Managing Director) Coordination Cell, a PGCIL statement said. He is an electrical engineering graduate from NIT Durgapur and holds a Post Graduate Diploma in Management from IMT Ghaziabad. During his career spanning around 35 years in power sector, he has worked in various capacities in EHV Sub Stations and Transmission lines, both as an Operation & Maintenance executive as well as a construction engineer.
 "Abhay Choudhary takes over as Director (Projects) of Power Grid Corporation")
CERC to remain shut for one more month as Centre hunts for legal member
ACME Solar intervenes for release of reserved orders at CERC
 "CERC to remain shut for one more month as Centre hunts for legal member")
PGCIL gets shareholders' nod to raise up to Rs 10,000 cr via bonds in FY22
The company had proposed a special resolution in the AGM to raise up to Rs 10,000 crore from domestic market in financial year 2021-22
 "PGCIL gets shareholders' nod to raise up to Rs 10,000 cr via bonds in FY22")
PowerGrid's asset monetisation via InvITs gets Cabinet go-ahead
PGCIL will become the first PSU to issue InVIT, and the asset size will be Rs 7,000 crore
 "PowerGrid's asset monetisation via InvITs gets Cabinet go-ahead")
Power Grid Corporation's Q1FY21 profit declines 18% to Rs 2,048 cr
During the quarter ended June, the company recognised as an exceptional item the one-time consolidated rebate of Rs 1,075 crore to distribution companies
 "Power Grid Corporation's Q1FY21 profit declines 18% to Rs 2,048 cr")
PGCIL panel approves Rs 239.89 crore investment in transmission project
A penal of its directors has approved an investment of Rs 239.89 crore in an electricity transmission project
 "PGCIL panel approves Rs 239.89 crore investment in transmission project")
Explained: How Chinese firms won some of India's recent PSU tenders
Not just for cost-effectiveness, public sector firms turn to China for lack of domestic qualified bidders, technology
 "Explained: How Chinese firms won some of India's recent PSU tenders")
Central transmission utility hived off from Power Grid Corporation
Power Grid, as a CTU, is responsible for the wheeling of power generatedby power producers and involved in planning transmission systems and operations.
 "Central transmission utility hived off from Power Grid Corporation")
First InvIT by govt entity set for launch; NHAI files application with Sebi
Senior officials told Business Standard the projects being offered under InvIT would mainly be ones constructed on government-funded or in engineering-procurement-construction mode
 "First InvIT by govt entity set for launch; NHAI files application with Sebi")
When you switch off lights tonight, here's what Power Min wants you to do
The total domestic lighting demand at an all-India level is estimated at 12-13 GW, which is 10 per cent of the country's total power demand
 "When you switch off lights tonight, here's what Power Min wants you to do")
Covid-19: Twitterati push 'grid' in top five trends as arguments flow in
Anticipating a significant fluctuation in power demand for a short duration, the power ministry along with PGCIL and POSOCO have been busy drafting a plan for managing the grid and efficient supply
 "Covid-19: Twitterati push 'grid' in top five trends as arguments flow in")
Non-telecom PSUs to take common legal recourse for AGR: GAIL chairman
GAIL lines up Rs 1 trillion capex for next five years
 "Non-telecom PSUs to take common legal recourse for AGR: GAIL chairman")
Govt marginally reduces investments by seven power PSUs to Rs 44,468 crore
Satluj Jal Vidyut Nigam will invest Rs 2,880.00 crore in 2020-21 compared with Rs 1,200 crore budgeted for 2019-20
 "Govt marginally reduces investments by seven power PSUs to Rs 44,468 crore")
Power Grid Corp moves SC against DoT demand of Rs 22,000 cr in AGR dues
The company said its revenue from telecom business was only 2% of its turnover
 "Power Grid Corp moves SC against DoT demand of Rs 22,000 cr in AGR dues")
Oil India challenges DoT's demand notice for telco-like AGR dues
Says it does not have to pay on all revenues but only for telco services
 "Oil India challenges DoT's demand notice for telco-like AGR dues")
Commercial papers worth over Rs 1.1 trn get listed on BSE since November
The exchange enabled the listing of commercial papers (CPs) and announced framework for them in November 2019
 "Commercial papers worth over Rs 1.1 trn get listed on BSE since November")
PowerGrid's potential InvIT could be less than 20% of targeted size
Proceeds from this would be used to pay higher dividend, depending on the profit recognised on such sale of assets or capital expenditure layout, the company said
 "PowerGrid's potential InvIT could be less than 20% of targeted size")
Renewable energy transmission projects to get 'national importance' tag
Govt hints at increasing share of Power Grid
 "Renewable energy transmission projects to get 'national importance' tag")
Facing slowdown, India's power grid manager eyes telecom, consultancy
PGCIL plans to expand its overseas consultancy business in neighbouring countries such as Nepal, Sri Lanka and Bangladesh
 "Facing slowdown, India's power grid manager eyes telecom, consultancy")
Power Grid's mega plan to monitor supply
The Phasor Measurement Units network will facilitate monitoring of grid events in real time
 "Power Grid's mega plan to monitor supply")