ISTS
SPV incorporated for Bhadla-Bikaner complex ISTS scheme
- Oct 16, 2024
Bid process coordinator PFC Consulting Ltd (PFCCL) has incorporated a wholly-owned subsidiary that will act as the project special purpose vehicle (SPV) for an ISTS scheme seeking to facilitate evacuation of RE power from Rajasthan, Read more
PFCCL transfers four SPVs to winning bidders – PGCIL, Adani Energy
- Oct 16, 2024
PFC Consulting Ltd (PFCCL), on October 15, 2024, transferred four project special purpose vehicles for development of interstate transmission system (ISTS) schemes, to their respective winning developers, selected under the tariff-based competitive bidding (TBCB) route. PFCCL was acting as Read more
PGCIL formally acquires project SPV for “Rajasthan IV H1” ISTS scheme
- Oct 15, 2024
Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL), on October 15, 2024, formally handed over the project SPV “Rajasthan IV H1 Power Transmission Ltd” to successful bidder Power Grid Corporation of India Ltd Read more
Adani Energy Solutions adds over 2,000 ckm to under-construction portfolio
- Oct 15, 2024
With three new wins in the second quarter of FY25, Adani Energy Solutions Ltd (AESL) added over 2,000 ckm to its under-construction power transmission portfolio. In a provisional operational update for Q2FY25, AESL said that during Read more
Two ISTS-TBCB projects completed in H1FY25
- Oct 15, 2024
The pace of completions of ISTS-TBCB projects appears to have slowed down this fiscal year with only two such schemes getting fully commissioned in the first half (H1: April to September) of FY25. According to a special study by Read more
Private sector makes this fiscal’s first contribution to ISTS network
- Oct 11, 2024
Private sector entities Sterlite Power and Renew Transmission Ventures commissioned some ISTS transmission lines in September 2024, making it the first contribution by private sector developers to ISTS transmission line addition in FY25. According to latest statistics released by Read more
PGCIL named successful bidder for “Barmer I Transmission Ltd”
- Oct 10, 2024
Power Grid Corporation of India Ltd (PGCIL) is set to formally win an interstate transmission system (ISTS) scheme housed under “Barmer I Transmission Ltd,” in the tariff-based competitive bidding (TBCB) modality. In a brief stock exchange communication, PGCIL said Read more
Green hydrogen plants to get 19,500-MW ISTS feed by FY30
- Oct 10, 2024
According to the “Interim ISTS Rolling Plan 2029-30,” newly released by Central Transmission Utility of India Ltd (CTUIL), interstate transmission system (ISTS) network for feeding 19,500 MW renewable energy to upcoming green hydrogen plants is Read more
Four qualify for twin Bikaner ISTS-TBCB schemes in Rajasthan
- Oct 8, 2024
Four bidders have qualified for opening of initial price bids for two independent schemes related to evacuation of RE power from the Bikaner Complex in Rajasthan. It is reliably learnt that bid process coordinator REC Power Development & Consultancy Read more
Tata Power, three others, qualify for ERES-XXXIX
- Oct 7, 2024
Tata Power is among the four bidders that have qualified for opening of initial prices bids of the Eastern Region Expansion Scheme – XXXIX (ERES-XXXIX). Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has qualified four bidders Read more