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
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 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 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
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
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
REC Power Development & Consultancy Ltd (RECPDCL) has incorporated a project special purpose vehicle for development of an ISTS scheme associated with evacuation of power from the Ratle and Kiru hydropower projects in UT of Read more
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
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
Power Grid Corporation of India Ltd (PGCIL) has been issued the letters of intent for development of two interstate transmission system (ISTS) schemes associated with renewable energy evacuation from Rajasthan, under the tariff-based competitive bidding Read more