Tata Power Secures Karnataka Transmission Project
Tata Power has won a power transmission project in Karnataka after emerging as the successful bidder in a tariff-based competitive bidding process run by PFC Consulting, a wholly owned subsidiary of Power Finance Corporation. The company received a Letter of Intent from PFC Consulting for a renewable energy evacuation scheme to be delivered under a Build, Own, Operate and Transfer model. The award follows a competitive selection and positions the firm to expand its transmission activities in the state. As part of the contract, Tata Power will acquire the special purpose vehicle (SPV) created f..
S&P Global Says Tariff And Investment Rules Needed In Power Market
Researchers at S&P Global Energy, the research arm of S&P Global, said that government regulation on tariff and investment should complement competition in power markets, since transmission and distribution remain natural monopolies requiring large capital investments. The firm argued that enabling competition among existing companies is more important than bringing in more entrants. It noted that the power sector is a heavy industry where scale delivers value, particularly in transmission and distribution. The researchers emphasised that regulation must address tariff setting and investment p..
Assam Expands Power Infrastructure To Meet Rising Demand
Assam is expanding its power infrastructure to meet rising demand and to become an energy-surplus state, Chief Minister Himanta Biswa Sarma said. The administration has accelerated investments and projects aimed at strengthening supply across the state. The expansion forms part of broader development planning that links energy availability to economic and social objectives. The state currently operates 82 substations and a grid with 10,000 megavolt-ampere (MVA) capacity supported by a 5,300 circuit-kilometre transmission network. Officials said these assets form the backbone of distribution an..
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