APTEL Grants 289-Day Extension for POWERGRID Transmission Project

21 Aug 2024 CW Team

The Appellate Tribunal for Electricity (APTEL) determined that the POWERGRID Southern Interconnector Transmission System is entitled to a 289-day extension for completing its transmission project, acknowledging that the delay resulted from ?force majeure? events. Consequently, the Central Electricity Regulatory Commission has been directed to issue a new order, taking into account the appellate authority?s observations, and has been given two months to finalize this process.

In a separate decision, the Uttar Pradesh Electricity Regulatory Commission (UPERC) approved a petition from the Uttar Pradesh Power Corporation (UPPCL) for the procurement of 2,000 MW of solar power. This move aligns with the government?s objective to reach 500 GW of non-fossil-based installed power capacity by 2030. UPPCL's proposal for acquiring 2,000 MW of solar power is intended to support this target. The tender documents were developed according to the Ministry of Power?s guidelines for tariff-based competitive bidding for solar projects. These projects are expected to be executed on a build, own, operate, and maintain (BOOM) basis, with a 25-year Power Purchase Agreement (PPA) duration. The Uttar Pradesh Solar Policy 2022 will be applicable, offering various advantages to developers.

Real Estate

05 Sep 2025

Vitizen Hotels Signs Deal at Manyata Tech Park

Vikram Kamats Hospitality, as part of its ongoing expansion in key metropolitan markets, announced that its material subsidiary, Vitizen Hotels, has signed a long-term lease agreement for a 45-key hotel property at Manyata Tech Park, Bengaluru.Strategically located in the city’s prominent IT hub, the property is well-positioned to serve corporate travelers, business professionals, and long-stay guests. The addition aligns with the company’s asset-light growth model, leveraging long-term leases to expand its footprint in high-demand urban markets.The hotel is expected to strengthen the comp..

CONCOR Signs MoU with BPIPL to Operate Container Terminal at Bhavnagar Port

Container Corporation of India (CONCOR) has signed a Memorandum of Understanding (MoU) with Bhavnagar Port Infrastructure (BPIPL) on September 4, 2025, in New Delhi to operate and maintain the upcoming container terminal at the northside of Bhavnagar Port, Gujarat.BPIPL had earlier entered into an agreement with the Gujarat Maritime Board (GMB) in September 2024 for the port’s development. Under this arrangement, 235 hectares of land has been leased to BPIPL for 30 years, with provision for expansion by an additional 250 hectares.The new terminal is expected to significantly enhance logistic..

Concord Launches India’s First Indigenous Zero-Emission Rail Propulsion

Concord Control Systems (CCSL), a leader in embedded electronics and critical rail technologies, has announced the development of India’s first fully indigenous zero-emission propulsion system, marking a significant step toward the country’s railway electrification and net-zero goals for 2030.Powered by Lithium Iron Phosphate (LFP) batteries and featuring a DC chopper-based drive, the propulsion system eliminates idling losses common in diesel engines, offering higher efficiency, lower costs, and zero emissions.What sets this innovation apart is its completely indigenous design. Except for..