interstate TBCB

Nine ISTS-TBCB schemes fully commissioned in FY25

Latest official statistics suggest that nine interstate transmission system (ISTS) schemes, awarded under the tariff-based competitive bidding (TBCB) route, were fully commissioned during the fiscal year ending March 31, 2025. While Power Grid Corporation of India Ltd (PGCIL) accounted Read more

Transformation capacity at Davanagere PS to be augmented under TBCB

An interstate transmission system (ISTS) scheme to augment transformation capacity at the upcoming Davanagere Pooling Station (PS) in Karnataka will be taken up under the tariff-based competitive bidding (TBCB) route. This scheme, estimated to cost Rs.379 Read more

PGCIL emerges winner for Mahan ISTS project in Madhya Pradesh

Power Grid Corporation of India Ltd (PGCIL) has emerged as the successful bidder under the tariff-based competitive bidding (TBCB) framework to establish an interstate transmission system (ISTS) scheme in Madhya Pradesh. In a brief stock exchange Read more

Resonia wins Anantapur ISTS scheme in TBCB mode

Resonia (formerly Sterlite Power) has won an interstate transmission system (ISTS) scheme in Andhra Pradesh, under the tariff-based competitive bidding (TBCB) framework. Bid process coordinator PFC Consulting Ltd (PFCCL), on Read more

Second phase for evacuation from Kurnool REZ planned under TBCB

An interstate scheme for evacuation of a further 3 GW from the Kurnool renewable energy zone (REZ) in Andhra Pradesh has been planned under the tariff-based competitive bidding (TBCB) mechanism. The National Committee on Transmission (NCT), in its latest Read more

GIPCL KEC Pooling | T&D India

PGCIL acquires Kurnool-III PS ISTS scheme in Andhra Pradesh

Power Grid Corporation of India Ltd (PGCIL), on March 27, 2025, formally acquired the project SPV of an interstate transmission system (ISTS) scheme in Andhra Pradesh, from bid process coordinator PFC Consulting Ltd ( Read more

Hydropower evacuation scheme in Himachal may come up for rebidding with revised terms

An ISTS scheme dealing with evacuation infrastructure for two upcoming hydropower projects in Himachal Pradesh might come up for re-bidding with some changes in the scope of work. The bidding process for this ISTS-TBCB scheme was annulled even after Read more

Four developers in the fray for Mahan ISTS scheme in Madhya Pradesh

Four developers have technically qualified for opening of initial price bids of an interstate transmission system (ISTS) scheme in Madhya Pradesh. It is reliably learnt that bid process coordinator PFC Consulting Ltd, based on technical bids Read more

RECPDCL transfers four SPVs of ISTS-TBCB schemes to winning developers, PGCIL gets three

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

PGCIL formally acquires SPVs for two ISTS-TBCB wins

Power Grid Corporation of India Ltd (PGCIL) has acquired two project special purpose vehicles for the development of as many interstate transmission system (ISTS) schemes. Both the two SPVs were acquired from bid process coordinator PFC Read more