transmission

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EIB Lends €450 Million to Portugal for Transmission System Upgradation

The European Investment Bank (EIB) has agreed to lend €450 million (~$485 million) to Portugal-based energy company Redes Energéticas Nacionais (REN) for renewable...

March 27, 2023

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Arjun Joshi

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Finance and M&A

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Grid
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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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Intra-State Sections of Evacuation Infrastructure for Renewables Delayed

The Ministry of New and Renewable Energy (MNRE) told the Parliamentary Standing Committee on Energy that the intra-state stretches of the Green Energy Corridor (GEC)...

March 24, 2023

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Sumit Jha

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Grid

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Renewable Energy

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Solar
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SECI Pays ₹8.2 Billion to Solar and Wind Developers in January 2023

The Solar Energy Corporation of India (SECI) has paid out a total of ₹8.2 billion (~$99.4 million) to solar and wind developers for the power purchased in January 2023....

March 20, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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Tribunal Asks Regulator to Re-Examine Penalty on POWERGRID Due to Project Delay

The Appellate Tribunal for Electricity (APTEL) recently ruled in favor of the Power Grid Corporation of India (POWERGRID) and asked the Central Electricity Regulatory...

March 20, 2023

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Rakesh Ranjan

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Markets & Policy

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Solar
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Sterlite Bags ISTS Project to Evacuate 20 GW of Renewables in Rajasthan

Sterlite Power has bagged an interstate transmission system (ISTS) project for the evacuation of 20 GW of power from renewable energy zones in Rajasthan under Phase III,...

March 17, 2023

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Gourav Mishra

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Grid

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T&D
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CERC Notifies ISTS Charges Waiver for Renewable Energy Projects

The Central Electricity Regulatory Commission (CERC) has amended the CERC (Sharing of Inter-State Transmission Charges and Losses) Regulations, 2020, waiving interstate...

March 10, 2023

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Arjun Joshi

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Other

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Renewable Energy
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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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Daily News Wrap-Up: CERC Notifies ISTS Charges Waiver for Renewable Projects

The Central Electricity Regulatory Commission (CERC) has amended the CERC (Sharing of Inter-State Transmission Charges and Losses) Regulations, 2020, waiving interstate...

March 13, 2023

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Mercom India

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Daily Wrap-up
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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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Government Accepts Task Force Report on Smart Power Transmission System

The government has accepted the recommendations of a task force on modernizing India’s power transmission system, paving the way for real-time monitoring,...

March 7, 2023

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Arjun Joshi

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Grid

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Market & Policy
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Daily News Wrap-Up: Government to Modernize Power Transmission System

The government has accepted the recommendations of a task force on modernizing India’s power transmission system, paving the way for real-time monitoring, automated grid...

March 9, 2023

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Mercom India

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Daily Wrap-up
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Daily News Wrap-Up: Thermal Plants Must Install 40% Renewable Power Capacity

The Ministry of Power has announced that any coal or lignite-based thermal generation station coming up on or after April 1, 2023, must either install or procure...

March 7, 2023

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Mercom India

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Daily Wrap-up
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Sterlite Commissions ₹20 Billion Transmission Project in Green Energy Corridor

Power transmission company Sterlite Power has successfully commissioned the Lakadia-Vadodara Transmission Project (LVTPL), which is part of the green energy corridor...

March 6, 2023

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Arjun Joshi

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Grid

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Other
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CERC Grants License to Evacuate 1.5 GW of Solar Power in Karnataka

The Central Electricity Regulatory Commission (CERC) recently granted a transmission license to Gadag II-A Transmission to establish a transmission system for the solar...

February 28, 2023

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Rakesh Ranjan

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Grid

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T&D

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