powergrid

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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 India

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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 India

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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 India

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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 India

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Daily Wrap-up
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Transmission Utility POWERGRID to Raise ₹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 27, 2023

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Rakesh Ranjan

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Grid

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T&D
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Daily News Wrap-Up: MEDA Tenders 10 MW of Rooftop Solar Systems

Maharashtra Energy Development Agency (MEDA) has invited bids for installing and commissioning 10 MW of grid-connected rooftop solar systems under the capital...

March 14, 2023

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Mercom India

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Daily Wrap-up
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POWERGRID to Raise up to ₹9 Billion Through Bonds

The board of Power Grid Corporation of India (POWERGRID) has approved raising unsecured, non-convertible, non-cumulative, redeemable, and taxable bonds for ₹9 billion...

March 13, 2023

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Rakesh Ranjan

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Grid

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Market & Policy
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Powergrid Bags Three Interstate Transmission System Projects

Powergrid Corporation of India (POWERGRID) has won three interstate transmission system (ISTS) projects in the tariff-based competitive bidding process. The company won...

March 10, 2023

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Gourav Mishra

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Grid

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Other
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Daily News Wrap-Up: Powergrid to Invest ₹3.31 Billion to Evacuate 20 GW Renewable Energy

Here are some noteworthy cleantech announcements of the day from India and around the world Powergrid Corporation of India (PGIL) announced that its board had approved...

December 19, 2022

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Gautamee Hazarika

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Other

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Renewable Energy
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Government Proposes Option for DISCOMs to Exit PPA After Their Tenure

The Ministry of Power (MoP) has issued draft proposals enabling the distribution companies (DISCOMs) to either continue or exit from the power purchase agreements (PPAs)...

December 17, 2020

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Rakesh Ranjan

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Grid

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Market & Policy
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PGCIL Reduces Bank Guarantee for its Power Transmission Projects from 10% to 3%

The Power Grid Corporation of India Limited (PGCIL), a government-owned company engaged mainly in the transmission of Power, has issued new performance security...

December 10, 2020

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Rakesh Ranjan

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Grid

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Market & Policy

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