intrastate TBCB
Competition has intensified in TBCB projects, feels PGCIL CMD
- Feb 6, 2023
Competition in transmission projects that are bid out under the tariff-based competitive bidding (TBCB) mechanism is seen intensifying, according to K. Sreekant, CMD, Power Grid Corporation of India Ltd (PGCIL). In a recent investor conference, K. Sreekant observed that Read more
Madhya Pradesh signs TSA with Megha Engineering for TBCB project
- Jan 31, 2023
Madhya Pradesh Power Management Company Ltd (MPPMCL) has signed a transmission service agreement (TSA) with Megha Engineering & Infrastructures Ltd (MEIL) to develop an intrastate power transmission scheme. MEIL won the project under the tariff-based competitive bidding (TBCB) mechanism Read more
Megha Engineering wins intrastate transmission project in TBCB mode
- Jan 25, 2023
Megha Engineering & Infrastructures Ltd (MEIL) has won an intrastate power transmission scheme in Madhya Pradesh, under the tariff-based competitive bidding (TBCB) route. According to information available with T&D India, this marks MEIL’s entry in the intrastate power transmission Read more
PGCIL commissions intrastate TBCB project in Madhya Pradesh
- Oct 10, 2022
Power Grid Corporation of India Ltd (PGCIL), in a brief stock exchange filing, said that it has commissioned an intrastate power transmission scheme in Madhya Pradesh, developed under the tariff-based competitive bidding (TBCB) mode. The transmission scheme, housed under Read more
Resurgent Power completes acquisition of SE UP Power Transmission
- Sep 17, 2022
Resurgent Power Ventures Pvt Ltd (Resurgent Power) has completed the acquisition of South East UP Power Transmission Company Ltd (SEUPPTCL) and has settled the debt of all existing creditors as per the terms of the Resolution Plan. The development Read more
PGCIL plans JV for intrastate network upgrade
- Aug 16, 2022
Power Grid Corporation of India Ltd (PGCIL) plans to form a joint venture for intrastate network upgrade. According to reliable information available with T&D India, PGCIL is in talks with one state government to form a joint venture for Read more
PGCIL formally acquires project SPV Mohanlalganj Transmission Ltd
- May 31, 2022
Power Grid Corporation of India Ltd (PGCIL) has formally completed the full acquisition of project special purpose vehicle “Mohanlalganj Transmission Ltd” from bid process coordinator PFC Consulting Ltd. As reported by T&D India on Read more
PGCIL sees more business opportunity in ISTS projects
- May 25, 2022
Power Grid Corporation of India Ltd (PGCIL) anticipates more TBCB-based business opportunities in interstate transmission system (ISTS) schemes rather than the intrastate counterpart. Addressing an investor conference, Mohammed Taj Mukarram, Director – Finance, PGCIL, said that opportunities in the Read more
PGCIL makes more inroads in intrastate transmission
- May 20, 2022
Power Grid Corporation of India Ltd (PGCIL) has made more inroads in the intrastate power transmission space by winning a project in Uttar Pradesh. In a brief stock exchange communication, PGCIL has said it has been declared successful bidder Read more
Hitachi Energy wins order to modernize Madhya Pradesh power grid
- Apr 21, 2022
Hitachi Energy India Ltd has won an order worth around Rs.160 crore to strengthen the transmission system in the rural area of Madhya Pradesh to increase capacity and improve reliability of the power infrastructure in the region. The order, Read more