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 Read more
IndiGrid is set to win the interstate transmission system (ISTS) scheme relating to evacuation from hydropower projects in the UT of Jammu & Kashmir, for which bidder selection is taking place through the tariff-based competitive Read more
EnerGrid, a new platform co-promoted by IndiGrid, will start bidding for greenfield projects by the end of FY25. In a release, IndiGrid said that EnerGrid is expected to start bidding for greenfield transmission and battery energy storage projects by Read more
IndiGrid announced that it has deepened its partnership with British International Investment (BII) and the Norwegian Climate Investment Fund to form a new platform, EnerGrid. This platform will focus on bidding and developing greenfield transmission and standalone battery energy Read more
Four developers have been shortlisted for development of an ISTS scheme in Rajasthan involving HVDC-based infrastructure. The scheme had come up for re-tendering in August after the original bidding process was annulled. The four developers are Power Grid Corporation Read more
India Grid Trust (IndiGrid) has estimated that a bid pipeline of over Rs.65,000 crore in the power transmission sector. In an investor presentation discussing the company’s performance in Q2 (July to September) of FY25, IndiGrid said that the bid Read more
Central Electricity Regulatory Commission (CERC), in a recent order, has granted final transmission licence to Kallam Transco Ltd that is developing an ISTS scheme, won under the TBCB route, in Maharashtra. Kallam Transco Ltd (KTL), a subsidiary of India Read more
IndiGrid has announced the launch of its preferential issue process following successful conclusion of the Offer-for-Sale (OFS) run by its sponsor KKR. Last week, KKR successfully concluded an OFS process to bring their unitholding down from 21.17 per cent Read more
India Grid Trust (IndiGrid) announced that it has partnered with British International Investment (BII), Norwegian Climate Investment Fund and Techno Electric & Engineering Company Ltd, to collaboratively undertake development of IndiGrid’s greenfield interstate transmission system (ISTS) projects. Role of Read more
Central Electricity Regulatory Commission (CERC), in a recent order, has granted transmission licence to Dhule Power Transmission Ltd (DPTL). DPTL is a wholly-owned subsidiary of India Grid Trust (IndiGrid) and is developing an interstate transmission system (ISTS) scheme called Read more