Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has incorporated a project special purpose vehicle (SPV) for an interstate transmission system (ISTS) scheme related to the Bhadla-III Pooling Station in Rajasthan.
Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) is likely to soon announce the winners for at least five interstate transmission system (ISTS) schemes for which bidder selection is taking place through the tariff-based competitive bidding (TBCB) mechanism.
Central Electricity Regulatory Commission (CERC), in a recent order, has stated that “Butwal-Gorakhpur Cross Border Power Transmission Ltd,” a joint venture between Power Grid Corporation of India Ltd (PGCIL) and Nepal Electricity Authority (NEA) is eligible for a separate transmission licence.
Central Electricity Regulatory Commission (CERC), through separate orders issued over the past one week, has adopted the tariff with respect to five interstate transmission system (ISTS) schemes that were recently awarded under the tariff-based competitive bidding (TBCB) mechanism.