interstate TBCB
Two ISTS-TBCB schemes formally transferred to PGCIL
- Nov 8, 2024
Power Grid Corporation of India Ltd (PGCIL) has completed the formal acquisition of two interstate transmission system (ISTS) schemes for which it had recently received the letter of intent. The project SPVs were acquired from bid Read more
Tata Power formally acquires “Paradeep Transmission Ltd”
- Nov 7, 2024
Tata Power has completed the formal acquisition of “Paradeep Transmission Ltd” from bid process coordinator PFC Consulting Ltd (PFCCL). Paradeep Transmission Ltd was incorporated on November 30, 2024 as a wholly-owned subsidiary of PFC Consulting Ltd Read more
RECPDCL incorporates two subsidiaries for ISTS-TBCB projects
- Nov 6, 2024
Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has incorporated two wholly-owned subsidiaries that will act as project special purpose vehicles for as many ISTS-TBCB schemes. Both the schemes are currently under bidding. Here are broad details Read more
Four shortlisted for re-tendered Rajasthan HVDC scheme
- Nov 5, 2024
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
Tata Power receives letter of intent for ISTS-TBCB scheme in Odisha
- Nov 4, 2024
Tata Power has received the letter of intent for developing an interstate transmission system (ISTS) scheme – ERES XXXIX – in Odisha, under the tariff-based competitive bidding (TBCB) mode. For Tata Power, this would be Read more
CERC adopts tariff for Sirohi Transmission ISTS scheme
- Oct 29, 2024
Central Electricity Regulatory Commission (CERC) has adopted the transmission tariff with respect to the ISTS scheme being developed by Sirohi Transmission Ltd. In a very recent order, CERC adopted the tariff (annual transmission charge) of Rs.2,908.53 million per year Read more
“Banaskantha Transco Ltd” incorporated for ISTS-TBCB scheme in Gujarat
- Oct 28, 2024
Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has incorporated a wholly-owned subsidiary “Banaskantha Transco Ltd” that will act as a special purpose vehicle to develop an interstate transmission system (ISTS) scheme in Read more
PGCIL set to win mega HVDC scheme in TBCB mode
- Oct 24, 2024
Power Grid Corporation of India Ltd (PGCIL) has been named successful bidder for development of a mega ISTS scheme involving HVDC technology. In a stock exchange filing, PGCIL said that it has been declared as the successful bidder under Read more
PFCCL incorporates SPV for Koppal-Gadag ISTS scheme
- Oct 23, 2024
Bid process coordinator PFC Consulting Ltd (PFCCL) has incorporated a wholly-owned subsidiary that will act as a special purpose vehicle (SPV) for development of an ISTS scheme in Karnataka. Incorporated on October 21, 2024, the newly-formed SPV is called Read more
Bidding underway for all NCT-approved green hydrogen ISTS schemes
- Oct 21, 2024
The bidding process for all the three ISTS schemes to feed green hydrogen/ammonia units, and which have been approved by National Committee on Transmission (NCT) so far, is now underway. These three schemes with an aggregate Read more