As many as eight bidders have qualified for an interstate transmission system (ISTS) scheme in Madhya Pradesh, which is being awarded under the tariff-based competitive bidding (TBCB) route.
Power Grid Corporation of India Ltd (PGCIL) has been named successful bidder for an interstate transmission system (ISTS) scheme in Karnataka, under the tariff-based competitive bidding (TBCB) mechanism.
India Grid Trust (IndiGrid) has received the letter of intent for two interstate transmission system (ISTS) schemes, won through the tariff-based competitive bidding (TBCB) mechanism.
The “Committee of Directors for Bonds” of Power Grid Corporation of India Ltd (PGCIL) has approved the raising of funds through issuance of non-convertible bonds.
The National Committee on Transmission (NCT), in its latest meeting, has recommended the implementation of a component of the “Eastern Region Expansion Scheme” under the TBCB route.
Bid process coordinator PFC Consulting Ltd (PFCCL) has transferred three project SPVs, incorporated for development of interstate transmission system (ISTS) schemes, to the respective winning bidders.
Adani Energy Solutions Ltd (AESL) has announced a joint venture with Esyasoft Holdings for implementing smart metering projects in India and other countries.