intrastate TBCB
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
GR Infraprojects set to acquire Rajgarh Transmission Ltd
- Mar 12, 2022
Rajasthan-headquartered GR Infraprojects has emerged as L1 bidder for a transmission scheme in Madhya Pradesh, under the tariff-based competitive bidding (TBCB) route. In a brief stock exchange filing, GR Infraprojects said that it has emerged as the L1 bidder Read more
Resurgent Power Ventures gets letter of intent for South East UP Power Transmission
- Mar 10, 2022
The resolution professional of South East UP Power Transmission Company Ltd (SEUPPTCL), has issued a letter of intent selecting Resurgent Power Ventures Pte Ltd as a successful resolution applicant under IBC proceedings. The transaction, subject to customary approvals and Read more
TBCB in CY2021: Nine projects completed
- Jan 28, 2022
Nine interstate transmission schemes, under the tariff-based competitive bidding (TBCB) mechanism, were completed in calendar year 2021, according to a special study by T&D India, based on statistics released by Central Electricity Authority. The performance in 2021 compares very Read more