The National Committee on Transmission (NCT), in a recent meeting, approved three interstate transmission system (ISTS) projects with an aggregate outlay of Rs.368 crore.
Tata Power is set to formally acquire the project special purpose vehicle for development of an intrastate power transmission scheme in Uttar Pradesh, for which the Tata Group entity had emerged winning bidder under the tariff-based competitive bidding (TBCB) mechanism.