interstate TBCB

PFCCL transfers four SPVs to winning bidders – PGCIL, Adani Energy

PFC Consulting Ltd (PFCCL), on October 15, 2024, transferred four project special purpose vehicles for development of interstate transmission system (ISTS) schemes, to their respective winning developers, selected under the tariff-based competitive bidding (TBCB) route. PFCCL was acting as Read more

PGCIL formally acquires project SPV for “Rajasthan IV H1” ISTS scheme

Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL), on October 15, 2024, formally handed over the project SPV “Rajasthan IV H1 Power Transmission Ltd” to successful bidder Power Grid Corporation of India Ltd Read more

Kallam Transmission FIO | T&D India

Two ISTS-TBCB projects completed in H1FY25

The pace of completions of ISTS-TBCB projects appears to have slowed down this fiscal year with only two such schemes getting fully commissioned in the first half (H1: April to September) of FY25. According to a special study by Read more

PGCIL named successful bidder for “Barmer I Transmission Ltd”

Power Grid Corporation of India Ltd (PGCIL) is set to formally win an interstate transmission system (ISTS) scheme housed under “Barmer I Transmission Ltd,” in the tariff-based competitive bidding (TBCB) modality. In a brief stock exchange communication, PGCIL said Read more

Four qualify for twin Bikaner ISTS-TBCB schemes in Rajasthan

Four bidders have qualified for opening of initial price bids for two independent schemes related to evacuation of RE power from the Bikaner Complex in Rajasthan. It is reliably learnt that bid process coordinator REC Power Development & Consultancy Read more

Linxon SS Tata Power Solar Rajasthan | T&D India

Tata Power, three others, qualify for ERES-XXXIX

Tata Power is among the four bidders that have qualified for opening of initial prices bids of the Eastern Region Expansion Scheme – XXXIX (ERES-XXXIX). Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has qualified four bidders Read more

ISTS-TBCB market turns vibrant in H1FY25

Hectic activity was seen in the interstate transmission system (ISTS) development space during the first half (H1: April to September) of FY25, with a record number of schemes awarded under the tariff-based competitive bidding (TBCB) route. According to a Read more

REC board approves SPVs for eight ISTS-TBCB schemes

The board of REC Ltd has approved the formation of eight special purpose vehicles (SPVs) associated with the development of as many interstate transmission system (ISTS) schemes. In a stock exchange filing, REC said that its Read more

Bidders shortlisted for hydropower evacuation scheme in Himachal Pradesh

Three bidders have been shortlisted for an ISTS scheme to set up evacuation infrastructure for upcoming hydropower projects in Himachal Pradesh. Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has shortlisted Power Grid Corporation Read more

CERC grants transmission licence to Kallam Transco

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