ISTS-TBCB

CERC adopts tariff for Navinal Transmission

Central Electricity Regulatory Commission (CERC) has adopted the transmission charges associated with the ISTS-TBCB scheme being developed by Navinal Transmission Ltd, a subsidiary of Adani Energy Solutions Ltd (AESL). In a recent order, CERC approved and adopted the single Read more

Reliance Industries set to make debut in power transmission space

Mukesh Ambani-controlled Reliance Industries Ltd (RIL) is set to make its debut in the power transmission development space. Reliance Industries Ltd has been issued the letter of intent for an interstate transmission system (ISTS) scheme under Read more

Adani Energy Solutions formally acquires India’s first HVDC scheme awarded to private sector under TBCB

Adani Energy Solutions Ltd (AESL), on January 20, 2025, formally acquired “Rajasthan Part I Power Transmission Ltd” from bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL). This is the second HVDC transmission project to be ever Read more

PFCCL transfers two ISTS-TBCB projects to winning developers

Bid process coordinator PFC Consulting Ltd (PFCCL), on January 16, 2025, transferred two project SPVs incorporated for the development of interstate transmission system (ISTS) schemes, to their respective winning bidders. In a stock exchange filing by Power Finance Corporation Read more

CERC issues interstate licence to Powergrid Bhadla Bikaner Transmission

Central Electricity Regulatory Commission (CERC) has issued interstate transmission licence to Powergrid Bhadla Bikaner Transmission Ltd, a TBCB subsidiary of Power Grid Corporation of India Ltd (PGCIL). In a very recent order, CERC issued the final Read more

Six ISTS-TBCB schemes fully commissioned in 9MFY25

Six interstate transmission system (ISTS) schemes awarded under the tariff-based completive bidding (TBCB) route were fully commissioned during the first nine months (April to December) of FY25. According to an analysis by T&D India, based on Read more

PGCIL acquires Kudalankulam ISTS Transmission, wins project under TBCB

Power Grid Corporation of India Ltd (PGCIL) has acquired project SPV “Kudankulam ISTS Transmission Ltd” from bid process coordinator PFC Consulting Ltd. PGCIL, in a stock exchange communication, said that the formal acquisition was completed on January 10, 2025. The Read more

Bidding deadline extended for Anantapur REZ ISTS scheme

Bid process coordinator PFC Consulting Ltd (PFCCL) has extended the bid submission date for an ISTS-TBCB scheme related to the Anantapur-II renewable energy zone in Andhra Pradesh. The submission date for both technical and financial bids Read more

PGCIL receives letter of intent for two ISTS-TBCB schemes

Power Grid Corporation of India Ltd (PGCIL) has been named successful bidder for two interstate transmission system (ISTS) schemes, under the tariff-based competitive bidding (TBCB) mode. In a stock exchange filing, PGCIL said that it has Read more

PGCIL sweeps ISTS-TBCB market with over 60 per cent tariff share

Power Grid Corporation of India Ltd (PGCIL) clearly dominated the ISTS-TBCB market accounting for a tariff share of over 60 per cent during the first nine months (April to December) of FY25. According to a special study by T&D Read more