IndiGrid Secures REC's Nod for 2 Greenfield Transmission Projects

08 Jan 2024 CW Team

IndiGrid has received a letter of intent from REC Power Development and Consultancy Limited for the development of two new inter-state transmission projects. These projects, acquired through a tariff-based competitive bidding process, will follow the build, own, operate, and transfer model for a duration of 35 years. The estimated cost for each project, with a construction timeline of approximately 24 months, exceeds Rs 10 billion.

The first project, expected to incur yearly transmission costs of around Rs 530 million post-completion, involves the evacuation of energy from the Dhule 2 GW renewable energy zone. It includes the construction of a pooling station with a 4?500 MVA capacity at 400/220 kV, along with a 400 kV D/C line spanning approximately 70 kms. The second project, with transmission charges of about Rs 625 million annually after completion, focuses on implementing the western region expansion scheme XXXIII, Part-C. This project entails establishing two substations in Madhya Pradesh: a 2?1,500 MVA capacity substation at 765/400 kV and a 2?500 MVA capacity substation at 400/220 kV, accompanied by a line-in and line-out single-circuit 765 kV D/C line extending around 18 kms.

These substations are strategically placed to fulfill the power needs of the planned green hydrogen facility and cater to the electrical loads in Chhatarpur, Tikamgarh, and Jatara regions. Additionally, they play a crucial role in connecting the 630 MW NTPC Barethi Solar Plant.

In December 2023, IndiGrid successfully raised Rs 6.7 billion through a SEBI-compliant institutional placement process. Furthermore, in October 2023, the company secured a 20 MW/40 MWh battery energy storage system project in Delhi.

Infrastructure Urban

03 Apr 2026

Centre Disburses Over Rs 24,610 mn in XV Finance Commission Grants

The Union Government has released XV Finance Commission tied grants during the financial year 2025–26 to rural local bodies in Chhattisgarh, Gujarat, Madhya Pradesh, Punjab and Sikkim and has released withheld portions of tied and untied grants to Himachal Pradesh, Odisha and Tripura. The total disbursal exceeded Rs 24,610 mn, with figures expressed in million (mn) thereafter. The releases cover allocations pertaining to different financial years and aim to strengthen rural local governance. State-wise disbursements included Rs 3,324.6 mn for Punjab, Rs 9,432.7 mn for Madhya Pradesh, Rs 3,47..

Centre Releases Over Rs 15 bn as XV FC Grants to Rural Bodies

The Union Government has released over Rs 15 bn in grants recommended by the Fifteenth Finance Commission (XV FC) to strengthen Panchayati Raj Institutions (PRIs) and Rural Local Bodies (RLBs) in six states. The funds comprise tied and untied grants disbursed in FY 2025–26. Telangana received Rs 2.48 bn as the first instalment of untied grants for FY 2025–26, benefitting 12600 Gram Panchayats (GPs). Uttarakhand received Rs 913.1 mn as the second instalment and an additional Rs 18.4 mn of a withheld first instalment was released to a further 216 GPs. Mizoram is included among beneficiary st..

Government Assures Fuel Supplies And Seafarer Safety Amid West Asia Developments

The Government of India has stepped up coordinated measures to maintain stability in critical sectors as developments in West Asia continue to unfold. It has prioritised uninterrupted energy supplies, safeguarded maritime operations and extended consular assistance to nationals. Central authorities are working with State and Union territory administrations to ensure timely information dissemination and operational continuity. Refineries are reported to be operating at high capacity with adequate inventories of petrol and diesel, and domestic LPG production has been increased to support consump..