ISTS

PGCIL wins Rs.3,500-crore transmission project in Karnataka

Power Grid Corporation of India Ltd (PGCIL) has won an interstate transmission project, valued at around Rs.3,500 crore, in Karnataka. In an investor conference held on February 5, 2025, R.K. Tyagi, Chairman & Managing Director, PGCIL, said that the Read more

Interstate transmission scheme ERGS-I comes up for re-bidding

An interstate transmission system (ISTS) scheme “Eastern Region Generation Scheme – I” or “ERGS-I” has come up for re-bidding. Bid process coordinator PFC Consulting Ltd (PFCCL) recently initiated re-bidding for the ISTS-TBCB scheme Read more

PGCIL begins commercial operations on Sikar TBCB project

Power Grid Corporation of India Ltd (PGCIL) has announced that its TBCB subsidiary “Powergrid Sikar Transmission Ltd” has received notification for commercial operation. In a brief stock exchange filing, PGCIL said that Powergrid Sikar Transmission Ltd received notification for Read more

Four qualify for Ratle-Kiru hydropower evacuation ISTS-TBCB scheme

Four bidders have qualified for opening of price bids for an interstate transmission system (ISTS) scheme involving evacuation infrastructure for upcoming hydropower projects in UT of Jammu & Kashmir. It is reliably learnt that Power Grid Read more

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