Power Grid Corporation of India Ltd (PGCIL) has been declared successful bidder for two interstate transmission system (ISTS) schemes, under the tariff-based competitive bidding (TBCB) route. This has taken PGCIL’s cumulative wins in this fiscal year to five.
Uttar Pradesh has emerged as the leading state with respect to addition of transmission lines by state transmission utilities in FY24, statistics by Central Electricity Authority (CEA) suggest.
Delhi Electricity Regulatory Commission (DERC) has granted regulatory approval to what is understood to be India’s first commercial standalone battery energy storage system (BESS) project.
Central Electricity Regulatory Commission (CERC) has granted licence to two regulated tariff mechanism (RTM) components of a major evacuation scheme related to renewable energy parks in Khavda, Gujarat.
Three bidders are in the fray for a major interstate transmission system (ISTS) scheme in Rajasthan, under the tariff-based competitive bidding (TBCB) mechanism.
Central Electricity Regulatory Commission (CERC) has granted licence to the Indian portion of an Indo-Nepal transmission line, owned by Butwal-Gorakhpur Cross Border Power Transmission Ltd (BGCPTL).
Techno Electric & Engineering Company Ltd (TEECL) has re-entered the power transmission development space by announcing the winning of an ISTS-TBCB scheme.
India, over the years, has become a bigger net exporter of electricity with respect to its neighbour trade partners –Bhutan, Nepal, Bangladesh and Myanmar.