Transmission Projects

Two separate BSE filings showed that the Power Grid Corporation had bagged these two projects under tariff-based competitive bidding conducted by PFC Consulting.

REC arm hands over 6 SPVs to Power Grid Corporation for transmission projects

The Special Purpose Vehicles (SPVs) are mostly for construction of transmission projects in Gujarat, REC Ltd said in a statement.

Transmission proj worth Rs 50,000 cr to go under hammer in FY'17

"Transmission projects worth Rs 50,000 crore would be auctioned. It could be even more than this during this fiscal," Pujari told reporters at a CII conference here.

Portal for e-auction of power transmission projects

The ministry and state-run auctioneer MSTC launched the web portal to mark a shift from present manual auction process to electronic mode for determining the lowest bidder for the projects, the ministry said in a release.

GMR Energy offloads stake to Adani Transmission for Rs 100 cr

"GMR Energy (GEL), a subsidiary of GMR Infrastructure (GIL), has entered into definitive agreements with Adani Transmission (ATL) wherein GEL has agreed to transfer the interest in its transmission projects - Maru Transmission Services (MTSL) and Aravali Transmission Services (ATSL) - to ATL," GMR said in a BSE filing.

Aim to commission projs worth Rs 30K cr in FY17: Power Grid

Speaking to CNBC-TV18, IS Jha, CMD of Power Grid said that the company aims more than Rs 30,000 crore worth of projects to be commissioned in FY17 and expects revenue to improve with more commissioning.

PGCIL commissions Rs 30,300 cr transmission projects in FY16

PGCIL is engaged in power transmission business with the responsibility for planning, coordination, supervision and control over inter-state transmission system and operation of national and regional power grids.

Power Grid, Adani in fray for 2 transmission projects

State-run Power Grid, Sterlite, Essel and Adani are in the fray for two power transmission projects worth Rs 8,100 crore as they have submitted their financial bids.

Sterlite Grid, Burns & McDonnell tie up for power projects

Sterlite Grid will invest close to Rs 3,000 crore towards this critical asset comprising of 900 circuit kilometres (Ckm) of transmission lines and 400 kilovolt (kV) gas insulated substation (GIS) at Amargarh.

Exiting wind biz to focus on other projs: Techno Electric

PP Gupta, managing director, Techno Electric says the company is exiting the wind power business to focus on its BOOT/BOOM projects in the transmission space.

Sterlite Tech arm refinances Rs 925-cr loan

Anand Agarwal, CEO and director of Sterlite Technologies says during the construction phase, interest rate was 11.5-12 percent. It has now managed to refinance the project almost 150 basis point below that, he says.

Power Grid to invest Rs 252 cr in two transmission projects

State-run Power Grid Corp said its board has approved investments worth Rs 252.31 crore for two transmission projects.