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Alcatel-Lucent to build new undersea cable linking Tonga to the global digital community

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May 10, 2012 Alcatel-Lucent has been selected by Tonga Cable Limited to deliver an undersea cable link between the Kingdom of Tonga and its neighbor Fiji, bringing to the Tongan islands broadband services such as streaming video and high-speed Internet access to residents and tourists alike. The 837-km link with......
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PGCIL to set up 7,240 circuit km high voltage lines in FY13

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April 10, 2012 Power Grid Corp of India Ltd (PGCIL) targets addition of 7,240 circuit km of extra high voltage transmission lines and 20,000 MVA transformation capacity in 2012-13. The company has also been given a target of energizing 1,100 villages and providing connections to two lakh Below Poverty Line......
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REC hands over Vemagiri Transmission project SPV to PGCIL

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April 24, 2012 REC Transmission Projects Co Ltd has handed over Vemagiri Transmission System project specific special purpose vehicle to Power Grid Corporation of India Ltd (PGCIL) that quoted lowest bid to bag the Rs 1,300 crore contract. PGCIL quoted a levelised tariff of Rs. 119.7 crore per annum for......
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Power Grid plans Rs 20,000-cr capex in FY’13

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May 30, 2012 Power Grid Corp is planning a capex of Rs 20,000 crore in the current fiscal. “We plan to spend around Rs 20,000 crore during this fiscal,” Power Grid Chairman and Managing Director R N Nayak told reporters. For the full year, the standalone net income stood at......
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Tata Communications launches TGN-Gulf cable system

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March 22, 2012 Tata Communications announced the launch of its TGN-Gulf subsea cable system that will connect the Gulf to Mumbai, India and onward to the rest of the Tata Global Network (TGN). In partnership with Nawras of Oman, Etisalat of UAE, Qtel of Qatar, Bahrain Internet Exchange of Bahrain,......
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Techno Electric, Kalpataru JV commissions 400 KV transmission project in Haryana

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March 26, 2012 Techno Electric and Engineering Company said its joint venture with Kalpataru Power Transmission has commissioned the Rs 444 crore 400 KV intra-state power transmission project in Haryana. The project has been commissioned in 16 months from the date of financial closure by Jhajjar KT Transco – a......
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KEC International secures orders worth Rs. 371 crore

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24 January, 2012 KEC International Ltd. (KEC) has secured two new orders worth Rs. 371 crore for the construction of transmission lines in India. The first order valued at Rs. 258 crore has been received from Power Grid Corporation of India Ltd (PGCIL). The order is for the supply and......
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Power Grid to get USD 400 million funding from IFC

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5 March, 2012 Power Grid Corporation of India Ltd. is likely to get USD 400 million (over Rs 1,980 crore) funding from the International Finance Corp for undertaking electricity transmission projects in the country. The proposed funding would make up for 15 per cent of the national power transmission company’s......
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Jharkhand signs transmission pact worth Rs. 1350 crore

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28 February, 2012 The Jharkhand State Electricity Board (JSEB) signed an agreement with Power Grid Corporation of India Ltd (PGCIL) to lay transmission lines across the state at a cost of Rs 1,350 crore. The agreement stated that the entire task of laying the 400KVA, 220KVA and 132KVA transmission lines......
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Diamond Power gets Rs. 93.44 crore Transmission Conductor Order

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6 March, 2012 Diamond Power Infrastructure Ltd. said it had secured an order for Rs. 93.44 crore for supply of 2,948 KM Moose Conductor for 400kV D/C (Quad) Salem (New) Somanhalli Transmission Line under transmission system associated with Southern Region System strengthening. The order is to be executed over a......
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