ISTS-TBCB market in Q1FY27: Six schemes transferred, PGCIL leads
Led by 765kV class, over 18 GVA transformation capacity added in 2MFY27
Over 2,000 ckm of lines added in 2MFY27, state utilities dominate

ISTS-TBCB market in Q1FY27: Six schemes transferred, PGCIL leads

The first quarter (Q1: April to June) of FY27 saw six ISTS-TBCB schemes formally transferred to their winning developers. PGCIL led the market in terms of both number of schemes and tariff-based market share.

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Interviews
CG is well positioned to make the most of the strong demand environment
Our objective is to deliver reliable, efficient and sustainable energy solutions: Caparo Power
Developing a robust domestic supply chain is critical to achieving India’s energy transition goals: TARIL
The domestic transformer industry is responding very positively to the supply chain crunch: Atlanta Electricals
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Bondada Engineering wins EPC contract of India’s first grid-scale VRFB-BESS project

Bondada Engineering Ltd has won the EPC mandate for what the company claims to be is India’s first grid-scale vanadium redox flow battery (VRFB) BESS project.

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CG is well positioned to make the most of the strong demand environment

CG Power and Industrial Solutions Ltd (CG), with a standing of over eight decades, is a global leader in engineering solutions. In this exclusive interaction, Ajay Jain, Vice President – Transformers, CG Power and Industrial Solutions Ltd, gives a comprehensive overview of CG’s transformer business, whilst providing insight into industry-related dynamics. Jain highlights that CG’s ongoing power transformer capacity expansion to 110,000 MVA will place the company among the top manufacturers globally. On the industry front, he acknowledges the current supply crunch in EHV transformers is for real given the unprecedented investment committed to India’s power transmission infrastructure. CG’s approach to the situation is to build resilience systematically and strive to be the most reliable option available to its customers, notes Ajay Jain.

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Tata Power wins SECI mandate, to supply 324 MW power from its Bhivpuri PSP

Tata Power has received a letter of award (LoA) from Solar Energy Corporation of India Ltd (SECI) for the supply of 324 MW power from Tata Power’s 1,000-MW pumped hydro storage project (PSP) at Bhivpuri in Raigad district, Maharashtra.

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PGCIL wins India’s first pure SynCon project under TBCB

Power Grid Corporation of India Ltd (PGCIL) has won India’s first ISTS-TBCB scheme purely dedicated to installation of synchronous condensers (SynCon).

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Short Stories | T&D India
Short Stories: 2026
  • Jan 1, 2026

Here is an ongoing summary of short news stories of 2026. These stories have not been covered elsewhere on this Read more

Corporate Performance: FY26 (March 2026)

This page gives links to stories relating to corporate performance of select companies during the accounting period ending March 31, 2026. This page is dynamically updated. (Featured photograph, sourced from Read more

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