National Committee on Transmission (NCT) has approved a major scheme for network expansion in the Navinal area near Mundra in Gujarat. The scheme is officially termed as “Network Expansion Scheme in Navinal (Mundra) area of Gujarat for Read more
As many as eight bidders have qualified for an interstate transmission system (ISTS) scheme in Madhya Pradesh, which is being awarded under the tariff-based competitive bidding (TBCB) route. Bid process coordinator PFC Consulting Ltd (PFCCL) has Read more
Power Grid Corporation of India Ltd (PGCIL) has been named successful bidder for an interstate transmission system (ISTS) scheme in Karnataka, under the tariff-based competitive bidding (TBCB) mechanism. In a brief stock exchange notification, PGCIL said that it has Read more
India Grid Trust (IndiGrid) has received the letter of intent for two interstate transmission system (ISTS) schemes, won through the tariff-based competitive bidding (TBCB) mechanism. In a release, IndiGrid said that it has received letters of intent from REC Read more
The National Committee on Transmission (NCT), in its latest meeting, has recommended the implementation of a component of the “Eastern Region Expansion Scheme” under the TBCB route. Termed as “Eastern Region Expansion Scheme XXXIX” or “ERES XXXIX,” the scheme Read more
Sterlite Power has announced the acquisition of project SPV “Neemrana II Kotputli Transmission Ltd” from bid process coordinator PFC Consulting Ltd. The project was awarded to Sterlite Power through the tariff based competitive bidding (TBCB) process in November 2023.Through Read more
Bid process coordinator PFC Consulting Ltd (PFCCL) has transferred three project SPVs, incorporated for development of interstate transmission system (ISTS) schemes, to the respective winning bidders. In a stock exchange filing, Power Finance Corporation, the holding company of PFCCL, Read more
Adani Energy Solutions Ltd (AESL) has won an interstate transmission system (ISTS) scheme, housed under project SPV “Halvad Transmission Ltd” through the tariff-based competitive bidding (TBCB) route. In a release, AESL said that that it has received the Letter Read more
Power Grid Corporation of India Ltd (PGCIL) has commissioned an interstate transmission system (ISTS) scheme in Rajasthan, which it had won under the tariff-based competitive bidding (TBCB) mechanism. In a brief stock exchange filing, PGCIL said that on December Read more
Three project special purpose vehicles (SPVs) have been newly incorporated for the development of as many interstate transmission system (ISTS) schemes, the developers for which will be selected using the tariff-based competitive bidding (TBCB) mechanism. Bid process coordinators REC Read more