Power Grid Corp announces bidder inter-state transmission project

18 Jul 2022 CW Team

In order to evacuate electricity from Neemuch SEZ, an interstate transmission infrastructure must be established, according to Power Grid Corporation of India.

According to tariff-based competitive bidding (TBCB), the company's offer was considered successful. Build, own, operate, and transfer (BOOT) was used to award the project.

To Power Grid Corporation of India, a letter of intent (LoI) dated July 7, 2022, has been issued. The Government of India (GoI) has formed Power Grid Corporation of India as the country's main transmission utility.

The Government of India held a 51.34 per cent ownership in the business as of March 31, 2022. In Q4 FY22 over Q4 FY21, the company's net profit increased by 17.9% per cent to Rs 41.56 billion on an increase in net sales of Rs 106.86 billion of 1.7 per cent. On the BSE, Power Grid Corp. shares fell 0.59 per cent to Rs 217.50.

Also Read:
JSW in talks to acquire Mytrah Energy
NMDC plans to invest in green energy capacities

Infrastructure Urban

16 Oct 2025

Shivraj Singh Chouhan inaugurates ICAR-IIMR admin block in Ludhiana

Union Agriculture Minister Shri Shivraj Singh Chouhan recently inaugurated the administrative building at the Indian Council of Agricultural Research – Indian Institute of Maize Research (ICAR-IIMR) in Ludhiana, Punjab. During the visit, he interacted with maize stakeholders, farmers, rural development scheme beneficiaries, and women self-help group (SHG) members. He said that under the leadership of Prime Minister Narendra Modi, the government’s key goals include boosting foodgrain production, reducing input costs, and improving farmers’ incomes. He highlighted the importance of div..

Google to Build Rs 10,000 Cr Data Centre in Visakhapatnam

In a major boost to India’s digital infrastructure, Google will establish a 1-GW hyperscale data centre and Artificial Intelligence (AI) hub in Visakhapatnam, Andhra Pradesh. The project, valued at Rs 100 billion, is expected to significantly contribute to the state’s economy and create more than 20,000 direct and indirect employment opportunities. Union Minister of State for External Affairs and Education, Dr Pemmasani Chandrasekhar, highlighted that this landmark investment by Google will help position Andhra Pradesh as a prominent digital hub under the “Swarandhra Pradesh” vision. ..

TCIL honoured with HR Excellence Award 2025

Telecommunications Consultants India Limited (TCIL), a Miniratna Schedule ‘A’ PSU under the Department of Telecommunications, has been honoured with the HR Excellence Award at the Fortune Leadership Awards 2025, held at Radisson Blu Plaza, Delhi. The accolade acknowledges TCIL’s outstanding HR practices promoting employee development, innovation, and inclusivity. The award was presented by Dr. Dinesh Upadhyay, Former Member, Ministry of AYUSH, and Shri M. S. Nethrapal, IRS, and received by Shri P. Suresh Babu, CGM (HR), in the presence of distinguished leaders from various sectors. Bet..