Power Grid Corp Acquires Rajasthan IV-E Power Transmission

23 Aug 2024 CW Team

Power Grid Corporation of India Ltd (PGCIL) has successfully acquired the Rajasthan IV-E power transmission project, marking a significant development in the Indian energy sector. This acquisition involves the development of a crucial transmission network that will enhance the efficiency and reliability of electricity distribution across Rajasthan.

The Rajasthan IV-E project includes the construction and operation of essential transmission infrastructure, including high-voltage lines and substations, designed to support the growing energy needs of the region. By securing this project, Power Grid Corp aims to bolster its infrastructure capabilities and contribute to the stable and effective delivery of power throughout Rajasthan.

The acquisition reflects Power Grid Corp?s strategic focus on expanding its transmission network to meet the increasing demand for electricity and improve grid reliability. It is a key move in the broader context of India's efforts to modernize and upgrade its power infrastructure, ensuring that energy can be transmitted efficiently from generation sources to end-users.

The development of the Rajasthan IV-E transmission network is expected to support economic growth in the region by facilitating better power distribution and reducing transmission losses. It also aligns with the government?s goals of enhancing energy security and infrastructure resilience.

Overall, this acquisition reinforces Power Grid Corp's role as a leading player in India's energy sector, dedicated to advancing the country's transmission capabilities and supporting sustainable growth in the power industry.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..