Power Grid Corporation of India Ltd (PGCIL) has been assigned a project seeking to expand transformation capacity of the Tuticorin-II GIS Pooling Station in Tamil Nadu.
Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL), on March 24, 2025, transferred four special purpose vehicles (SPVs) corresponding to as many interstate transmission system (ISTS) schemes, to their respective winning developers selected under the tariff-based competitive (TBCB) mechanism.