Latest news with #PGCIL
Time of India
2 days ago
- Business
- Time of India
PGCIL commissions Kathalguri-Namsai line ahead of schedule in Arunachal Pradesh
Itanagar: In a significant step toward strengthening the power network in Arunachal Pradesh, Power Grid Corporation of India Limited ( PGCIL ) has completed the 220 kV double circuit Kathalguri-Namsai transmission system five months before its scheduled deadline. The line was energised late on Saturday night, a PGCIL statement said here on Monday. The project, carried out under the Tariff-Based Competitive Bidding (TBCB) model, enhances the reliability of electricity supply across the region. Stretching 71 km, the new line connects the Assam gas-based power plant operated by NEEPCO at Kathalguri to a modern 220 kV gas-insulated substation (GIS) at Namsai in Arunachal Pradesh. A bay extension at the Kathalguri end has also been completed to improve system operations. The infrastructure upgrade allows smoother power flow from the national grid into Arunachal Pradesh, while also improving voltage stability and providing critical system backup, essential for a dependable year-round electricity supply. It is expected to significantly support the region's development initiatives, the statement said. Arunachal Pradesh Deputy Chief Minister Chowna Mein praised the accomplishment. "Kudos to PGCIL for their exemplary execution and unwavering commitment to the Northeast. This project is a cornerstone in our journey toward robust and reliable energy infrastructure," he said in a social media post.
United News of India
3 days ago
- Business
- United News of India
POWERGRID commissions 220 kV Kathalguri-Namsai transmission line
Itanagar, June 1 (UNI) In a major boost to the power infrastructure of the Northeast, Power Grid Corporation of India Limited (PGCIL) has successfully commissioned the 220 kV Double Circuit (D/C) Kathalguri-Namsai Transmission System—five months ahead of schedule. The project, executed under the Tariff-Based Competitive Bidding (TBCB) framework, marks a significant milestone in strengthening the region's energy backbone. Spanning 71 km, the transmission line links NEEPCO's Assam Gas-Based Power Plant at Kathalguri to the state-of-the-art 220 kV Gas Insulated Substation (GIS) in Namsai, Arunachal Pradesh. The project also includes a bay extension at Kathalguri, Assam, ensuring enhanced operational efficiency. This development not only facilitates seamless power injection from the National Grid into Arunachal Pradesh but also improves voltage stability and system redundancy—critical for year-round reliable power supply. The new infrastructure is expected to play a vital role in supporting the developmental aspirations of the region. Lauding the achievement, Arunachal Pradesh Deputy Chief Minister Chowna Mein stated, "Kudos to PGCIL for their exemplary execution and unwavering commitment to the Northeast. This project is a cornerstone in our journey toward robust and reliable energy infrastructure." The successful early commissioning of this project underscores POWERGRID's expertise and dedication to advancing India's power transmission capabilities, especially in remote and challenging terrains like the Northeast. UNI TD ARN
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Business Standard
21-05-2025
- Business
- Business Standard
Sterlite Electric bags Rs 7,500 crore orders in FY25, led by Q4 surge
Sterlite Electric on Wednesday said it secured orders worth Rs 7,500 crore in FY25, driven by robust Rs 2,400 crore contracts in March quarter. The order book spans high-performance conductors, power cables, Optical Ground Wire (OPGW), and specialized EPC services, with a particular focus on advancing India's green energy transmission infrastructure, a company statement said. The company also continues to expand its footprint, particularly in the Americas, European Union, Africa, and the Middle East, with high-performance conductors and OPGW solutions. "Our strong Q4 performance, with record order wins, reflects the growing demand for our innovative and sustainable transmission solutions. The significant traction from both domestic and international markets, along with our growing export presence, reinforces our position as a trusted partner for utilities and industries worldwide," CEO Reshu Madan said. In Q4, the company received several prestigious orders. Major wins include orders for TBCB (tariff based competitive bidding) projects and supply of high-performance conductors through EPC. These are critical for enabling the evacuation of renewable power to the grid. OPGW segment witnessed enormous traction from PGCIL and state transmission utilities with repeat orders. Export momentum in conductors continued across key markets in the Americas, EU, Africa and the Middle East. OPGW segment also made inroads in Europe and the Middle East. Gurugram-based Sterlite Electric (formerly known as Sterlite Power Transmission) is a global leader in the cable conductor industry, specializing in the design, manufacture, and supply of high-performance power conductors, extra-high voltage (EHV). With a strong presence in over 70 countries, Sterlite is renowned for empowering critical power infrastructure development worldwide. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Business Upturn
19-05-2025
- Business
- Business Upturn
KEC International shares surge 4% on Rs 1,133 crore T&D order win
By Aman Shukla Published on May 19, 2025, 09:39 IST KEC International Ltd. saw its shares rise by 4% after announcing new Transmission & Distribution (T&D) orders worth ₹1,133 crores in India. As of 9:39 AM, the shares were trading 1.92% higher at Rs 815.95. The contracts were secured from the Power Grid Corporation of India Limited (PGCIL) and a reputed private developer. The order from PGCIL includes the construction of a ±800 kV HVDC transmission line and a 765 kV GIS substation, while the private sector contract involves a 400 kV Quad transmission line. Mr. Vimal Kejriwal, MD & CEO of KEC International, stated, 'We are delighted with the multiple orders secured by our T&D business. These prestigious orders have substantially strengthened our India T&D order book. The HVDC project win further builds on last year's successes, and we continue to see strong growth potential in the sector.' He emphasized the growing demand for power infrastructure in India, driven by rapid energy needs and government focus on renewable energy and robust transmission systems. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Business Standard
01-05-2025
- Business
- Business Standard
Skipper Delivers Record Q4/FY25 Results with Surging Revenue, PAT, Major EPC Wins, Capacity Expansion, and First Major US Order
PRNewswire Kolkata (West Bengal) [India], May 1: Skipper Limited (BSE: 538562) and (NSE: SKIPPER), is one of the world's leading manufacturers for Power Transmission & Distribution structures and a prominent manufacturer of Telecom and Railway structures. Skipper, also a significant player in Polymer Pipes & Fittings industry, announced its results for the fourth quarter of FY 25, ended 31st March 2025. Key Business Highlights - Closing Order Book (March- 25): Stands at an All-time high level of Rs. 74,584 million up by 20% over March 24 Level, with 88% share from domestic markets and 12% from exports. - Q4 FY 25 Order Inflow: Rs. 15,920 million for engineering products supplies and EPC works. - Significant Contracts: Secured significant large size domestic EPC contracts from PGCIL and International market during the quarter. - Year-to-Date Order Inflows: Achieved highest ever order inflow of Rs. 53,353 million in Fy'25 against Rs 42,855 in Fy'24, registering a YoY growth of 24%, reflecting strong traction across both domestic and international markets. - Exports Revenue grew by 21% to Rs 7,703 million from Rs 6,356 million in last year. Other Business Highlights - Strategic Foray into Substation EPC: Successfully entered the Substation EPC segment with the receipt of the first order, marking a significant step in capability expansion. - Capacity Expansion on Track: The capacity addition plan for an additional 75,000 MTPA in the engineering segment is progressing as scheduled. Trial production is currently underway, with a portion of the capacity already commissioned. The full capacity is expected to be commissioned and operational by next month, taking our total capacity to 375,000 MTPA and significantly boosting our execution capabilities. - Digital Transformation Underway: SAP S/4HANA RISE implementation is progressing steadily, driving greater operational efficiency and data integration. - Breakthrough in the USA Market: Secured the first major and sizeable pole supply order from the United States, reinforcing global growth ambitions. Director Speaks Commenting on the results, Mr. Sharan Bansal, Director of Skipper Limited, said: "FY25 has been a landmark year for Skipper, and I am proud to share that we have achieved our highest-ever quarterly and annual revenue and profitability, backed by exceptional execution in our Engineering business. The strong domestic demand environment enabled us to secure significant EPC contracts, including large wins from PGCIL, reinforcing our leadership in the high-voltage transmission segment. Our closing order book at Rs74,584 million reflects our continued market dominance and customer trust. With 88% of the order book from domestic markets, we remain deeply aligned with India's infrastructure growth and the Government's transmission expansion initiatives under the National Electricity Policy. A particularly exciting development this year is our entry into the Substation EPC segment, marked by the receipt of our first order. This move strategically enhances our capability portfolio and positions us to offer more integrated solutions in the power transmission ecosystem." Bansal also added, " As we prepare to commission 75,000 MT of new capacity next month, we are well-positioned to capitalize on the increasing demand for transmission infrastructure, both in terms of volume and complexity. We are confident this expansion will enable us to scale new heights in the coming fiscal" Speaking on the results, Devesh Bansal, Director, Skipper Limited, said: "This year marks a series of strategic milestones for Skipper Limited on the global and digital front. I'm especially proud to announce our first major pole supply order from the USA, which is a significant breakthrough and opens new growth avenues in North America--a priority geography under our global expansion strategy. With year-to-date order inflows of Rs53,353 million, we are seeing strong traction across both domestic and international markets. This robust inflow underlines our growing influence in the global power infrastructure space and our ability to respond to complex customer needs. On the digital transformation front, the implementation of SAP S/4HANA RISE is progressing well. This upgrade will bring end-to-end visibility, operational agility, and scalability to support our ambitious growth journey. As we embrace technology and globalization, we remain committed to innovation, excellence, and stakeholder value creation." ABOUT SKIPPER LIMITED Skipper Limited established in 1981 is one of the leading companies in the Power Transmission & Distribution and the Polymer segment. With over 44+ years of domain knowledge it is largest in India and tenth globally basis the manufacturing capacity. Skipper differentiates its offerings with high quality but cost-effective solution for infrastructure providers and telecom operators. Its international footprint spans across continents such as Latin America, Europe, and Africa and is spread across 65+ countries with presence across sub-segments such as Towers, EPC, Monopoles, Poles and Railway Electrification Structures. Skipper Limited is a national powerhouse in the Polymer pipe business. Under the brand name of 'Skipper', the company manufactures premium quality polymer pipes & fittings, which serve both the agricultural as well as plumbing sectors. Skipper Limited is listed at BSE (538562) and NSE (Symbol: SKIPPER) in 2014 & 2015 respectively.
