PGCIL Secures 5.5 GW Evacuation Project

15 Oct 2024 CW Team

Rajasthan, known for its rich solar and wind energy potential, is at the forefront of India's renewable energy revolution. The project will involve the development of new transmission lines and substations, ensuring the seamless transfer of energy generated from solar and wind farms to consumption centers across the country. PGCIL's involvement in this project aligns with India's vision to enhance grid reliability and ensure uninterrupted power supply from renewable sources.

The project also highlights the government’s focus on enhancing renewable energy capacity to meet national climate goals. This initiative supports the country's larger mission of increasing renewable energy capacity to 500 GW by 2030, as well as contributing to India's commitment to achieving net-zero emissions by 2070. The infrastructure created through this project will enable smoother evacuation of power from remote renewable hubs like Rajasthan to urban areas where demand is concentrated.

In addition to bolstering the renewable energy infrastructure, the project will provide a significant boost to Rajasthan’s economy, generating local employment and fostering the growth of ancillary industries. PGCIL’s involvement ensures the project will be completed efficiently, leveraging the company’s expertise in high-voltage transmission systems and large-scale grid integration.

The project underscores India's strategic focus on renewable energy transmission, emphasizing the importance of grid upgrades to support the nation's energy transition. PGCIL's leadership in this area will play a pivotal role in making renewable energy more accessible and reliable across India.

The Power Grid Corporation of India Limited (PGCIL) has won a significant contract to facilitate the evacuation of 5.5 GW of renewable energy from Rajasthan, strengthening India's power transmission infrastructure for green energy. This project is crucial to supporting the integration of solar and wind power from the state’s vast renewable energy parks into the national grid, addressing India's growing renewable energy needs. Rajasthan, known for its rich solar and wind energy potential, is at the forefront of India's renewable energy revolution. The project will involve the development of new transmission lines and substations, ensuring the seamless transfer of energy generated from solar and wind farms to consumption centers across the country. PGCIL's involvement in this project aligns with India's vision to enhance grid reliability and ensure uninterrupted power supply from renewable sources. The project also highlights the government’s focus on enhancing renewable energy capacity to meet national climate goals. This initiative supports the country's larger mission of increasing renewable energy capacity to 500 GW by 2030, as well as contributing to India's commitment to achieving net-zero emissions by 2070. The infrastructure created through this project will enable smoother evacuation of power from remote renewable hubs like Rajasthan to urban areas where demand is concentrated. In addition to bolstering the renewable energy infrastructure, the project will provide a significant boost to Rajasthan’s economy, generating local employment and fostering the growth of ancillary industries. PGCIL’s involvement ensures the project will be completed efficiently, leveraging the company’s expertise in high-voltage transmission systems and large-scale grid integration. The project underscores India's strategic focus on renewable energy transmission, emphasizing the importance of grid upgrades to support the nation's energy transition. PGCIL's leadership in this area will play a pivotal role in making renewable energy more accessible and reliable across India.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Infrastructure Energy

05 Nov 2025

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Infrastructure Urban

05 Nov 2025

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..