Power Grid Corporation of India Ltd (PGCIL) announced that it has commissioned an interstate transmission system (ISTS) scheme called “North Eastern Region Strengthening Scheme – XII (NERSS-XII).”
In independent developments, bid process coordinators REC Power Development & Consultancy Ltd (RECPDCL) and PFC Consulting Ltd (PFCCL), on November 20, 2024, together incorporated three wholly-owned subsidiaries to act as project special purpose vehicles for development of as many transmission schemes under the tariff-based competitive bidding (TBCB) route.
Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has incorporated two wholly-owned subsidiaries that would act as special purpose vehicles for the development of two ISTS schemes to be awarded under the tariff-based competitive bidding (TBCB) route.