Power Grid Wins Bids for Three Transmission Projects under TBCB

06 Mar 2025 CW Team

Power Grid Corporation of India has emerged as the successful bidder under Tariff-Based Competitive Bidding (TBCB) for three projects aimed at establishing an Inter-State Transmission System under the Build, Own, Operate, and Transfer (BOOT) model.

The first project involves the transmission system for power evacuation from the Rajasthan Renewable Energy Zone (REZ) Phase-V (Part-1: 4 GW) at the Sirohi/Nagaur complex. This includes the augmentation of transformation capacity at the under-construction Sirohi substation in Rajasthan. Additionally, the project encompasses the development of 765kV double circuit (D/C) transmission lines spanning across Rajasthan and Madhya Pradesh.

The second project focuses on enhancing the transformation capacity at the Banaskantha (Raghanesda) Power Station (GIS) in Gujarat. This involves augmentation work at the existing facility to support the increasing energy transmission requirements in the region.

The third project pertains to the integration of the Kurnool-IV Renewable Energy Zone (Phase-I) with a capacity of 4.5 GW. This includes the establishment of a new 765/400/220kV Kurnool IV Pooling Substation along with the augmentation of transformation capacity at the existing C’peta Substation in Andhra Pradesh. Furthermore, the project comprises the development of 765kV and 400kV double circuit transmission lines traversing through Andhra Pradesh and Karnataka.

These projects are expected to strengthen India's power transmission network, enhance the evacuation of renewable energy, and contribute to the overall efficiency and stability of the national grid. The implementation of these transmission systems will play a crucial role in supporting the country's growing renewable energy capacity and ensuring reliable power distribution across multiple states.

News source: Business Standard

Products

06 Oct 2025

TOTO India Launches Premium G & L Showers with Sleek Faucet Range

TOTO India has launched its G Shower and L Shower series, alongside an expanded range of GT, LH, and Pull-Out lavatory faucets. The collection blends advanced technology, refined aesthetics, and everyday comfort, staying true to TOTO’s philosophy of creating spaces that are both beautiful and functional. The G Shower series delivers the 3Rs of showering: Relaxing, Refreshing, and Revitalizing. Features include the Calming Shawl spray mode, Warm Spa technology, and multiple overhead and hand-shower options across eight finishes. The L Shower complements this with easy-to-use controls sui..

Hero Future Energies Secures Funding for 120 MW Hybrid Project

Hero Future Energies (HFE), through its SPV Clean Renewable Energy Hybrid Three, has secured Rs 19.08 billion in funding from the State Bank of India (lead) and Canara Bank. The funds will be used to develop and construct HFE’s 120 MW renewable energy hybrid project at Kurnool, Andhra Pradesh. The project, contracted with SJVN, integrates wind, solar, and storage technologies to deliver reliable peak power. With a 21-year repayment period, the funding ensures timely execution and the commencement of commercial operations. The financial closure demonstrates continued lender confidence in..

IOC GPS Renewables Raises Rs 8.36 billion Debt for Compressed Biogas Plants

IOC GPS Renewables Private Limited (IGRPL), a joint venture between IndianOil Corporation and GPS Renewables, has raised Rs 8.36 billion (approx. US$ 95 million) in debt financing from Indian Bank to execute nine Compressed Biogas (CBG) projects across India. The funding is the largest single-bank debt raise in the CBG sector and the first fully non-recourse financing in India for these projects. The plants—four in Haryana, three in Uttar Pradesh, one each in Chhattisgarh and Andhra Pradesh—will each produce 15 tonnes of CBG per day using paddy straw as feedstock. All nin..