PGCIL named successful bidder for two ISTS-TBCB schemes – Bikaner A, Bikaner B

Power Grid Corporation of India Ltd (PGCIL) has been issued the letters of intent for development of two interstate transmission system (ISTS) schemes associated with renewable energy evacuation from Rajasthan, under the tariff-based competitive bidding (TBCB) modality.

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Bidding underway for all NCT-approved green hydrogen ISTS schemes

The bidding process for all the three ISTS schemes to feed green hydrogen/ammonia units, and which have been approved by National Committee on Transmission (NCT) so far, is now underway.

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Iskraemeco Group plans new development centre in India

Switzerland-based Iskraemeco Group that recently sold its smart meter manufacturing unit in India to Kaynes Technology India Ltd, has planned to establish a new software development centre in India that will focus on electricity metering and data processing.

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SPV incorporated for Bhadla-Bikaner complex ISTS scheme

Azure Power Rajasthan | T&D India

Bid process coordinator PFC Consulting Ltd (PFCCL) has incorporated a wholly-owned subsidiary that will act as the project special purpose vehicle (SPV) for an ISTS scheme seeking to facilitate evacuation of RE power from Rajasthan, to load centres in Delhi and Uttar Pradesh.

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PFCCL transfers four SPVs to winning bidders – PGCIL, Adani Energy

PFC Consulting Ltd (PFCCL), on October 15, 2024, transferred four project special purpose vehicles for development of interstate transmission system (ISTS) schemes, to their respective winning developers, selected under the tariff-based competitive bidding (TBCB) route.

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PGCIL formally acquires project SPV for “Rajasthan IV H1” ISTS scheme

Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL), on October 15, 2024, formally handed over the project SPV “Rajasthan IV H1 Power Transmission Ltd” to successful bidder Power Grid Corporation of India Ltd (PGCIL), under the tariff-based competitive bidding (TBCB) route.

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Private sector makes this fiscal’s first contribution to ISTS network

Private sector entities Sterlite Power and Renew Transmission Ventures commissioned some ISTS transmission lines in September 2024, making it the first contribution by private sector developers to ISTS transmission line addition in FY25.

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PGCIL named successful bidder for “Barmer I Transmission Ltd”

Power Grid Corporation of India Ltd (PGCIL) is set to formally win an interstate transmission system (ISTS) scheme housed under “Barmer I Transmission Ltd,” in the tariff-based competitive bidding (TBCB) modality.

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Arunachal & Sikkim grid upgrade completion expected by March 2025

The Centrally-funded “Comprehensive Scheme for T&D System in Arunachal Pradesh & Sikkim” is expected to commission by March 2025.

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Four qualify for twin Bikaner ISTS-TBCB schemes in Rajasthan

Four bidders have qualified for opening of initial price bids for two independent schemes related to evacuation of RE power from the Bikaner Complex in Rajasthan.

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