Latest news with #PowerGridCorporationofIndiaLimited
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
Business Insider
25-05-2025
- Business
- Business Insider
Jefferies Reaffirms Their Buy Rating on Power Grid Corporation of India Limited (POWERGRID)
In a report released on May 23, Lavina Quadros from Jefferies maintained a Buy rating on Power Grid Corporation of India Limited (POWERGRID – Research Report), with a price target of INR335.00. The company's shares closed last Friday at INR298.05. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, Quadros is a 4-star analyst with an average return of 16.7% and a 68.42% success rate. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Power Grid Corporation of India Limited with a INR329.00 average price target, representing a 10.38% upside. In a report released on May 23, Macquarie also maintained a Buy rating on the stock with a INR370.00 price target. The company has a one-year high of INR366.20 and a one-year low of INR247.50. Currently, Power Grid Corporation of India Limited has an average volume of 347.2K.
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
Time of India
15-05-2025
- Business
- Time of India
Advait Energy secures ₹86.14 cr order from PGCIL for OPGW supply, installation
New Delhi: Advait Energy Transitions Limited (formerly known as Advait Infratech Limited) has been awarded a contract worth ₹86.14 crore (excluding taxes) by Power Grid Corporation of India Limited ( PGCIL ) for the supply and installation of Optical Ground Wire (OPGW) and communication equipment across transmission lines at pan-India locations. The company said the order was accepted on May 14, 2025, in the normal course of business. The project falls under the Bulk Implementation (Supply + Erection) framework. The scope of the order includes Package OPGW-04 and is to be completed within 12 months from the date of issuance of lot-wise implementation instructions. According to the company, the project marks a strategic milestone and further strengthens its footprint in India's national power transmission network through the deployment of advanced communication infrastructure.
