IndiGrid announced that it has deepened its partnership with British International Investment (BII) and the Norwegian Climate Investment Fund to form a new platform, EnerGrid.
Power Grid Corporation of India Ltd (PGCIL) is set to win two more ISTS scheme under the TBCB modality – one each related to hydropower and nuclear energy evacuation.
Three developers have qualified for opening of initial price bids for an ISTS-TBCB scheme relating to evacuation from renewable energy zones in Rajasthan.
Power Grid Corporation of India Ltd (PGCIL) has completed the formal acquisition of two interstate transmission system (ISTS) schemes for which it had recently received the letter of intent.
Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has incorporated two wholly-owned subsidiaries that will act as project special purpose vehicles for as many ISTS-TBCB schemes. Both the schemes are currently under bidding.
Four developers have been shortlisted for development of an ISTS scheme in Rajasthan involving HVDC-based infrastructure. The scheme had come up for re-tendering in August after the original bidding process was annulled.
Tata Power has received the letter of intent for developing an interstate transmission system (ISTS) scheme – ERES XXXIX – in Odisha, under the tariff-based competitive bidding (TBCB) mode. For Tata Power, this would be the third greenfield ISTS-TBCB project.