powergrid

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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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POWERGRID Wins Bid for 20 GW Renewable Power Evacuation Project in Rajasthan

The Power Grid Corporation of India (POWERGRID) has emerged as the successful bidder for the execution of the Inter-State Transmission System (ISTS) Project to evacuate...

September 13, 2023

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Gautamee Hazarika

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Renewable Energy

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Tenders and Auctions
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Daily News Wrap-UP: NHPC, SJVN, and NTPC Win GUVNL’s 600 MW Solar Auction

NHPC, SJVN Green Energy, and NTPC Renewable Energy won Gujarat Urja Vikas Nigam’s auction to supply power from 600 MW of grid-connected solar power projects (Phase XVII)...

May 4, 2023

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Mercom Staff

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Daily Wrap-up
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POWERGRID Invites Bids to Evacuate 2.5 GW of Solar Power in Karnataka

Power Grid Corporation of India (POWERGRID) has invited bids to set up a transmission line package for the pooling station associated with the transmission program for...

May 3, 2023

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Rakesh Ranjan

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Solar

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Tenders & Auctions
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Daily News Wrap-Up: Energy Storage Corporate Funding Falls 83% YoY in Q1 2023

Total corporate funding in energy storage, including from venture capital, public market, and debt financing, amounted to $2.2 billion in 27 deals in the first quarter...

April 19, 2023

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Mercom Staff

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Daily Wrap-up
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POWERGRID Floats Tender for 85 MW Solar Project in Madhya Pradesh

POWERGRID Energy Services (PESL), a wholly-owned subsidiary of Power Grid Corporation of India (POWERGRID), has invited bids for installing and commissioning an 85 MW...

April 18, 2023

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Rakesh Ranjan

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Solar

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Tenders & Auctions
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Daily News Wrap-Up: POWERGRID Board Approves Raising ₹6 Billion Through Bonds

The Power Grid Corporation of India (POWERGRID) said it would raise unsecured, non-convertible, non-cumulative, redeemable, and taxable bonds worth ₹6 billion (~$72.86...

March 28, 2023

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Mercom Staff

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Daily Wrap-up

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