In Short : The Indian government has approved ₹5,400 crore viability gap funding for 30 GWh battery storage to boost renewable energy integration. It also announced plans for 1100 kV UHVAC transmission lines and raised land compensation under Right of Way rules. These initiatives aim to modernize grid infrastructure, attract investments, and support 24×7 clean […]
EU power grid needs trillion-dollar upgrade to avert Spain-style blackouts – EQ
In Short : The EU must invest over \$2 trillion by 2050 to modernize its aging power grid and prevent blackouts like the recent one in Spain and Portugal. With half the grid over 40 years old, experts urge doubling annual investment to \$600 billion. Strengthening infrastructure, boosting storage, and enhancing cross-border connections are vital […]
Spain’s blackout shows why India needs to prioritise power grid stability – EQ
In Short : Spain’s recent blackout, affecting over 60 million people, highlights the vulnerability of grids relying heavily on renewables. As India rapidly expands solar and wind energy, experts urge investments in storage, real-time monitoring, and grid modernization. Without stability measures, India risks major outages, especially during peak summer demand. Proactive action is crucial to […]
Power Grid successfully bids for three transmission projects under TBCB – EQ
In Short : Power Grid Corporation of India Limited (PGCIL) has secured three major transmission projects through the Tariff-Based Competitive Bidding (TBCB) process. These projects aim to strengthen the national grid and facilitate the efficient evacuation of power from renewable energy sources. The successful bids highlight PGCIL’s expertise in transmission infrastructure and its commitment to […]
India Accelerates Clean Energy Transition with Expanding Power Grid and Renewable Capacity – EQ
In Short : India’s power transmission network expanded by 70% in the past decade, reaching 446,190 circuit kilometers. Non-fossil fuel capacity surged 180% to 217.62 GW, with solar and wind energy contributing significantly. Government initiatives, including waived transmission charges and rooftop solar programs, support renewable growth, aligning with India’s target of 500 GW non-fossil fuel […]
Centre Commits Rs 488 Crore to Telangana for Enhanced Power Supply and Grid Resilience – EQ
In Short : The central government has allocated ₹488 crore to Telangana to strengthen its power supply and grid resilience. The funds aim to enhance electricity infrastructure, integrate renewable energy sources, and ensure uninterrupted power across the state. This initiative supports India’s broader goals of energy sustainability, grid modernization, and improved reliability for consumers. In […]
Power Grid board approves ₹5,000 crore bond issue via private placement – EQ
In Short : The board of Power Grid Corporation has approved a bond issue of ₹5,000 crore through private placement. This move aims to raise funds for financing various infrastructure projects and strengthening the power transmission network. The issuance is expected to enhance the company’s financial stability and support its ongoing efforts to expand and […]
RECPDCL hands Over Rajasthan-IV H-1 Power Transmission Limited to M/s Power Grid Corporation of India Limited – EQ
In Short : RECPDCL has officially handed over Rajasthan-IV H-1 Power Transmission Limited to Power Grid Corporation of India Limited (PGCIL). This transfer marks a significant step in enhancing the region’s power transmission infrastructure, aiming to improve efficiency and reliability in electricity delivery. PGCIL’s expertise will contribute to the development and operation of the transmission […]
Power Grid Corporation of India Ltd issue Tender for RE sources in Kurnool Wind Energy Zone 3000 MW/ Solar Energy Zone 1500 MW – EQ
Power Grid Corporation of India Ltd issue Tender for RE sources in Kurnool Wind Energy Zone 3000 MW/ Solar Energy Zone 1500 MW For more information please see below link: Tender Details : Tender Title : Construction of Transit Camp at 400/220KV Gooty Sub-station under Transmission System for evacuation of power from RE sources in […]
Power Grid acquires two transmission projects under competitive bidding – EQ
In Short : Power Grid Corporation of India Limited (PGCIL) has acquired two transmission projects through competitive bidding. These acquisitions are part of Power Grid’s strategy to expand its transmission network and enhance India’s electricity infrastructure. The projects will help in strengthening the national grid, improving the reliability of power supply, and supporting the country’s […]