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
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
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
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
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
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
Power Grid Corporation of India Ltd (PGCIL) continued its winning spree in the ISTS-TBCB space, this time receiving the letter of intent for a scheme in the Khavda area in Gujarat. In a brief stock exchange Read more
Three players are in the fray for a major interstate transmission system (ISTS) scheme in Gujarat involving HVDC technology, for which developer selection is taking place through the tariff-based competitive bidding (TBCB) mode. It is reliably Read more
Power Grid Corporation of India Ltd (PGCIL) is set to win an overwhelming majority of the TBCB-based constituents under the “Transmission System for Rajasthan REZ Phase IV (Part 2: 5.5 GW) (Jaisalmer/Barmer)” ISTS scheme. The overall scheme has been Read more
Power Grid Corporation of India Ltd (PGCIL) has been declared as successful bidder for an interstate transmission system (ISTS) scheme associated with renewable energy evacuation from Rajasthan. In a brief stock exchange filing, PGCIL said that Read more