Rajasthan Power Projects Transferred to PGCIL

26 Aug 2024 CW Team

The SPVs?created to facilitate the development of specific transmission projects?are integral to strengthening the state's power transmission network. The projects focus on bolstering electricity distribution across Rajasthan, particularly in areas that have been identified as critical for infrastructure improvements. These efforts align with the broader national goals of ensuring energy security and supporting the integration of renewable energy into the grid.

Rajasthan, known for its abundant renewable energy resources, especially solar power, stands to benefit significantly from these projects. The enhanced transmission capacity will support the evacuation of power from renewable energy plants, ensuring that clean energy reaches consumers efficiently. This is especially important as Rajasthan continues to play a pivotal role in India's renewable energy expansion plans.

The handover of these SPVs to PGCIL underscores the collaborative efforts between REC PDCL and PGCIL in executing high-priority power projects. PGCIL, with its extensive experience and technical expertise in managing large-scale power transmission networks, is well-positioned to drive these projects to completion. The projects are expected to not only improve the state's power supply but also contribute to the overall stability of the national grid.

This transfer is part of REC PDCL?s ongoing initiative to expedite the development of critical infrastructure through strategic partnerships. By involving PGCIL, a leader in the power transmission sector, the projects are expected to be completed on time, ensuring that the benefits of improved power infrastructure are realized at the earliest.

In conclusion, the transfer of SPVs for Rajasthan's power transmission projects to PGCIL marks a significant milestone in the state's energy sector development. It reinforces the commitment to enhancing grid reliability, facilitating renewable energy integration, and ensuring a stable and reliable power supply for the region's growing population and industries.

REC Power Development and Consultancy Limited (REC PDCL) has successfully handed over two Special Purpose Vehicles (SPVs) associated with significant power transmission projects in Rajasthan to the Power Grid Corporation of India Limited (PGCIL). This transfer is a crucial step in advancing the development of Rajasthan's power infrastructure, aimed at enhancing the region's grid reliability and meeting its growing energy demands. The SPVs?created to facilitate the development of specific transmission projects?are integral to strengthening the state's power transmission network. The projects focus on bolstering electricity distribution across Rajasthan, particularly in areas that have been identified as critical for infrastructure improvements. These efforts align with the broader national goals of ensuring energy security and supporting the integration of renewable energy into the grid. Rajasthan, known for its abundant renewable energy resources, especially solar power, stands to benefit significantly from these projects. The enhanced transmission capacity will support the evacuation of power from renewable energy plants, ensuring that clean energy reaches consumers efficiently. This is especially important as Rajasthan continues to play a pivotal role in India's renewable energy expansion plans. The handover of these SPVs to PGCIL underscores the collaborative efforts between REC PDCL and PGCIL in executing high-priority power projects. PGCIL, with its extensive experience and technical expertise in managing large-scale power transmission networks, is well-positioned to drive these projects to completion. The projects are expected to not only improve the state's power supply but also contribute to the overall stability of the national grid. This transfer is part of REC PDCL?s ongoing initiative to expedite the development of critical infrastructure through strategic partnerships. By involving PGCIL, a leader in the power transmission sector, the projects are expected to be completed on time, ensuring that the benefits of improved power infrastructure are realized at the earliest. In conclusion, the transfer of SPVs for Rajasthan's power transmission projects to PGCIL marks a significant milestone in the state's energy sector development. It reinforces the commitment to enhancing grid reliability, facilitating renewable energy integration, and ensuring a stable and reliable power supply for the region's growing population and industries.

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..