The Union Cabinet has approved enhanced financial powers for POWERGRID, raising its permissible equity investment limit from ₹5,000 crore to ₹7,500 crore per subsidiary. The decision is expected to accelerate India’s power transmission expansion and strengthen renewable energy evacuation infrastructure. The approval was granted by the Cabinet Committee on Economic…
Tag: #PowerTransmission
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Waaree Renewable to Buy 55% in Power Tower Firm for ₹1,225 Cr
Waaree Renewable Technologies Ltd (WRT), the engineering, procurement and construction arm of the Waaree Group, has announced a major strategic acquisition to strengthen its presence in India’s power infrastructure sector. The company will acquire a 55 per cent stake in Associated Power Structures Ltd for ₹1,225 crore, marking its formal…
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India Achieves 5 Lakh Circuit Km in Power Transmission
India’s national power transmission network has reached a historic milestone, surpassing 5 lakh circuit kilometres (ckm) of high-voltage transmission lines (220 kV and above) and 1,407 GVA of transformation capacity. The achievement was realized on 14 January 2026 with the commissioning of a 628 ckm 765 kV transmission line from…