ISTS-TBCB

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PFCCL incorporates project SPV for green hydrogen scheme in Gujarat

Bid process coordinator PFC Consulting Ltd (PFCCL) recently incorporated a wholly-owned subsidiary for development of an ISTS-TBCB scheme associated with upcoming green hydrogen plants in the Kandla region of Gujarat. In a stock exchange communication, PFCCL said that “Kandla Read more

Dineshchandra R. Agrawal Infracon becomes latest entrant in ISTS-TBCB space

Gujarat-based Dineshchandra R. Agrawal Infracon Pvt Ltd (DRAIPL) has become the latest entrant in the interstate power transmission development space, under the TBCB modality. Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) very recently issued the letter Read more

More ISTS-TBCB schemes planned for RE evacuation from Madhya Pradesh

Two ISTS schemes for renewable energy evacuation from Madhya Pradesh, which will be awarded under the TBCB modality, were recently approved by National Committee on Transmission. The two schemes will facilitate RE evacuation from the solar Read more

PGCIL receives LoI for “Rajasthan IV 4A” ISTS-TBCB scheme

Power Grid Corporation of India Ltd (PGCIL) has received the letter of intent for developing an ISTS-TBCB scheme housed under “Rajasthan IV 4A  Power Transmission Ltd.” In a brief stock exchange filing, PGCIL said that the letter of intent Read more

CERC grants transmission licence for Khavda IV-E2 TBCB project

Central Electricity Regulatory Commission (CERC) has granted transmission licence to “Powergrid Khavda IV-E2 Power Transmission Ltd” for its ISTS project involving RE evacuation from Khavda in Gujarat. In very recent orders, CERC has granted transmission licence Read more

Adani Energy wins Pune-III Transmission, its fourth ISTS-TBCB project this fiscal

Adani Energy Solutions Ltd (AESL) has formally been awarded an interstate transmission system (ISTS) scheme housed under “Pune-III Transmission Ltd” under the TBCB route, making it the company’s fourth such win so far in this Read more

Three SPVs incorporated for TBCB transmission projects

In independent developments, bid process coordinators REC Power Development & Consultancy Ltd (RECPDCL) and PFC Consulting Ltd (PFCCL), on November 20, 2024, together incorporated three wholly-owned subsidiaries to act as project special purpose vehicles for Read more

Historic ISTS-TBCB project formally transferred to PGCIL

Power Grid Corporation of India Ltd (PGCIL) has formally acquired “Khavda V-A Power Transmission Ltd” from bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) today, November 19, 2024. This project, for which PGCIL was Read more

RECPDCL incorporates two SPVS for ISTS schemes

Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has incorporated two wholly-owned subsidiaries that would act as special purpose vehicles for the development of two ISTS schemes to be awarded under the tariff-based competitive bidding ( Read more

Eventful month for ISTS-TBCB project completions

The month of October 2024 proved very eventful for the ISTS-TBCB landscape with as many as three schemes getting fully commissioned. According to latest statistics released by Central Electricity Authority (CEA), three interstate transmission system (ISTS) schemes awarded under Read more