Page 3 - Power Transmission

Sterlite Power to expand transmission projects in Brazil for Rs 250 cr

The requests for an authorizing resolution for the construction of an additional scope came from the National Electric Energy Agency (ANEEL), it said

Power minister approves new inter-state projects worth Rs 15,893 cr

These projects were approved after examining the recommendations of the National Committee on Transmission and in accordance with the National Tariff Policy 2016

IndiGrid get Letter of Intent for transmission project in Maharashtra

Infrastructure investment trust IndiGrid has received Letter of Intent (LoI) from REC Power Development and Consultancy Ltd (REC) to establish a transmission system for evacuation of power from renewable energy projects in Osmanabad area in Maharashtra, a statement said. This project is envisaged on build, own, operate and maintain (BOOM) basis for a period of 35 years through tariff based competitive bidding (TBCB), the statement said. The project, with a planned outlay of Rs 170 crore, will consist of one substation of 2 x 500 MVA, 400/220 kV near Kallam and 10 Bays with a LILO multi circuit line of 18 kms. The project will strengthen the transmission system in Maharashtra by improving the grid availability for evacuation & integration of renewable energy in the state. The project is situated in a low-risk plain topography and is proposed to be completed over the next 15-18 months.

Adani Transmission to invest Rs 1,200 cr in MP to strengthen power system

Adani Transmission Ltd (ATL) on Wednesday said it would invest Rs 1,200 crore in eastern Madhya Pradesh to strengthen the power transmission system for MP Power Management Company Ltd (MPPMCL).

Power ministry seeks to take away sub-transmission from discoms

Centre looking to overhaul power transmission system in states

KEC International to double civil business revenue to Rs 2,000 cr in FY22

With strong revenue visibility in the civil segment, the company has also been investing Rs 70-80 crore since last year as capex.

Power Grid commissions Vindhyachal Varanasi transmission line

State-owned Power Grid Corporation of India has commissioned a 765 kV double circuit Vindhyachal-Varanasi transmission line, an official statement said on Wednesday

Govt eyes Rs 45,000 cr from power transmission monetisation assets by FY25

The government aims to garner over Rs 45,200 crore through monetising power transmission assets by FY 2025 as part of its ambitious asset monetisation plan.

Adani Transmission reports 22% rise in first quarter net profit

Net profit for the April-June quarter was at Rs 433.34 crore.

Exim Bank lends $35.26 mn for Senegal power project executed by Kalpataru

Exim Bank of India said it has extended a $35.26 million loan for a power transmission project being executed by Kalpataru Power Transmission in Senegal

Power ministry extends timeline for transmission charges waiver for RE

The power ministry on Friday announced the extension of timeline by two years for waiver on inter-state transmission charge for electricity generated from solar and wind sources.

Torrent Power, NTPC, Tata Power: Trading strategies for power stocks

The medium-term trend on BSE Power Index is bullish as long as the support of 2,700 is upheld.

Ladakh gets Centre's nod for transmission lines at cost of Rs 1,310 cr

The central government has approved intra-state transmission works at a revised cost of Rs 1,309.71 crore to link far-flung villages of Ladakh to the grid

Betting on power: Insurers line up to invest in PGCIL and IndiGrid InvITs

The first power transmission InvIT of the country, IndiGrid, came out with a public issue of NCDs to raise up to Rs 1,000 crore last week

IndiGrid to buy NER II Transmission from Sterlite Power for Rs 4,625 cr

Investment trust IndiGrid on Friday inked an agreement to acquire 100 per cent equity stake in NER II Transmission

KPTL third quarter profit more than doubles to Rs 308 crore

KPTL has posted more than two-fold jump in consolidated net profit to Rs 308 crore

AEML to bring additional 2000 mw power to Mumbai to plug outages, says CEO

AEML will increase renewable energy supply as part of Adani Group's commitment to lower carbon footprint, says Kandarp Patel.

L&T arm wins transmission line orders worth up to Rs 5,000 cr in Bangladesh

A fast-growing economy in South Asia, Bangladesh has embarked on a plan to alleviate infra deficiencies and upgrade its power system to sustain the growth

PGCIL didn't recover Rs 6,853 cr relinquishment charges from customers: CAG

The CAG observed that total 26,836 MW of LTA were surrendered by the customers from September 2010 to March 2018

IndiGrid completes Rs 1,080 cr acquisition of GPTL Transmission project

India Grid Trust (IndiGrid) has completed the acquisition of another transmission asset Gurgaon Palwal Transmission Ltd (GPTL) from Sterlite Power at an enterprise value of Rs 1,080 crore.