Also: Power Grid Corporation acquires Ramgarh New Transmission LtdPower Grid Corp acquires transmission company in Rajasthan
New Delhi: State-owned Power Grid Corporation on Thursday said it has acquired Bikaner-II Bhiwadi Transco Ltd (BBTL) which would implement a power transmission project. "Power Grid Corporation of India Ltd, pursuant to its selection as the successful bidder under tariff based competitive bidding, has on 25.03.2021 acquired BBTL," it said in a regulatory filing.
BBTL is the project SPV to establish transmission system strengthening scheme for evacuation of power from solar energy zones in Rajasthan (8.1 GW) under Phase-II, on build, own, operate and maintain (BOOM) basis from the bid process coordinator - PFC Consulting, it added.
Power consumption up by 25%
India's power consumption grows 24.35% in March, says Power MinistryPower consumption in the country grew 24.35 per cent in March at 123.05 billion units (BU) over the corresponding month a year ago, showing a revival in the economic activitieswap.business-standard.com
Foreign investment inflows this year higher than last 6 years combined at 37.6 billion.
India gets highest-ever FII inflows of $37.6 billion in financial yr 2021India recorded the highest ever FII inflows of $37.6 billion in financial year 2021, greater than the cumulative inflows of the last six yearswap.business-standard.com
What is uptake from this terminal?
Karnataka's first LNG import terminal to come up at MangaluruGovernment of Karnataka partners with Singapore firm, LNG Alliance, for the development of Karnataka's first LNG import terminal. at Mangalurumysuruinfrahub.com