ISTS-TBCB

PGCIL acquires “Bhadla-III Power Transmission” from RECPDCL

Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) handed over project SPV “Bhadla-III Power Transmission Ltd” to Power Grid Corporation of India Ltd (PGCIL), on August 28, 2024. PGCIL emerged as the successful bidder, Read more

NCT approves ISTS-TBCB schemes worth nearly Rs.10,000 crore

The National Committee on Transmission (NCT), in its latest meeting held this month, has recommended six interstate transmission system (ISTS) schemes, with an envisaged project outlay of nearly Rs.10,000 crore, to be implemented under the Read more

“NERES XVI Power Transmission Ltd” seeks grant of licence

Central Electricity Regulatory Commission (CERC) recently reviewed the petition of “NERES XVI Power Transmission Ltd” seeking grant of transmission licence. In its order, CERC has found that the petitioner NERES XVI fulfils all conditions required for Read more

PFCCL transfers two ISTS schemes to winning developer PGCIL

Bid process coordinator PFC Consulting Ltd (PFCCL) has transferred two project special purpose vehicles related to interstate transmission system (ISTS) schemes to Power Grid Corporation of India Ltd (PGCIL) – the winning developer under the Read more

PGCIL dominates ISTS-TBCB market with 60 per cent share

Power Grid Corporation of India Ltd (PGCIL) is seen clearly dominating the ISTS-TBCB market, according to a special study by T&D India. The study shows that PGCIL has a share of 60 per cent in the aggregate estimated project Read more

Apraava Energy wins its fourth greenfield ISTS-TBCB scheme

Apraava Energy has won its fourth greenfield interstate transmission system (ISTS) scheme under the tariff-based competitive bidding (TBCB) mechanism. On August 21, 2024, bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) formally handed over project SPV “Rajasthan Read more

No ISTS-TBCB completions in FY25 so far

No interstate transmission system (ISTS) scheme awarded under the tariff-based competitive bidding (TBCB) mechanism has been fully commissioned in the ongoing fiscal year FY25, so far. According to latest statistics released by Central Electricity Authority (CEA), no ISTS-TBCB scheme Read more

Two SPVs for ISTS-TBCB schemes handed over to PGCIL

Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL), on August 19, 2024, formally handed over two project special purpose vehicles associated with as many ISTS-TBCB schemes to Power Grid Corporation of India Ltd (PGCIL), the successful Read more

Tendering annulled for HVDC scheme in Rajasthan, re-bidding initiated

Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has annulled the tendering process and issued fresh requests for qualifications for a mega ISTS-TBCB scheme in Rajasthan, involving HVDC infrastructure. Significantly, PGCIL Read more

Fifth phase of Rajasthan REZ evacuation system planned

A new transmission scheme is being planned to facilitate evacuation from upcoming renewable energy zones (REZ) in the Sirohi and Nagaur complexes in Rajasthan. This will be the fifth phase in the series of evacuation schemes from Rajasthan REZs Read more