The Board of Power Grid Corporation of India at its meeting held on 21 June 2024 has accorded the in-principle approval for formation of a Joint Venture (JV) with Rajasthan Rajya Vidyut Prasaran Nigam (RVPNL) for the development of Intra State Transmission System in the state of Rajasthan, subject to approval of its administrative Ministry i.e. Ministry of Power, DIPAM, Niti Aayog and/or other statutory authorities as may be required. Powered by Capital Market - Live News

Power Grid Corporation of India has appointed Lalit Bohra (DIN: 08061561), Joint Secretary, Ministry of New and Renewable Energy (MNRE) as Part-time Director (Government Nominee Director) on the Board of POWERGRID with immediate effect i.e. 18 June 2024. Powered by Capital Market - Live News

Power Grid Corporation of India announced that the project under �Reliable Communication Scheme under Central Sector for Northern Region� has been commissioned with effect from 01 April 2024 for which Notification for Commercial Operation (DOCO) has been received on 10 June 2024.Powered by Capital Market - Live News

Power Grid Corporation of India announced that Ravindra Kumar Tyagi, Chairman & Managing Director (CMD), POWERGRID, has been entrusted an additional charge of the post of Director (Projects) of POWERGRID w.e.f. 1 July 2024 for the period of 3 (three) months or till regular incumbent takes over the charge or untill further orders whichever is earlier, in terms of Ministry of Power (MoP) Office Order dated 6 June 2024. Powered by Capital Market - Live News

Power Grid Corporation of India, pursuant to its selection as the successful bidder under Tariff based competitive bidding, has on 30 May 2024 acquired Khavda IV-E2 Power Transmission (KIVE2TL), the Project SPV to establish �Transmission System for Evacuation of Power from potential renewable energy zone in Khavda area of Gujarat under Phase-IV (7GW) Part E2�, on build, own, operate and transfer (BOOT) basis from the Bid Process Coordinator � REC Power Development and Consultancy. The project comprises of augmentation works at existing substation in the state of Gujarat. KIVE2TL was incorporated on 05 October 2023 by the Bid Process Coordinator as per the �Guidelines Encouraging Competition in Development of Transmission Projects� and �Tariff based Competitive-bidding Guidelines for Transmission Service� notified by Ministry of Power (MoP). Powered by Capital Market - Live News