ISTS-TBCB market turns vibrant in H1FY25

Hectic activity was seen in the interstate transmission system (ISTS) development space during the first half (H1: April to September) of FY25, with a record number of schemes awarded under the tariff-based competitive bidding (TBCB) route. According to a Read more

REC board approves SPVs for eight ISTS-TBCB schemes

The board of REC Ltd has approved the formation of eight special purpose vehicles (SPVs) associated with the development of as many interstate transmission system (ISTS) schemes. In a stock exchange filing, REC said that its Read more

Bhuj Substation FIO | T&D India

Powergrid Ananthpur Kurnool gets licence for RTM project

Central Electricity Regulatory Commission (CERC) has granted transmission licence to Powergrid Ananthpuram Kurnool Transmission Ltd (PAKTL) for an interstate transmission system (ISTS) scheme to be implemented under the regulatory tariff mechanism (RTM) mode. The ISTS-RTM project Read more

Bidders shortlisted for hydropower evacuation scheme in Himachal Pradesh

Three bidders have been shortlisted for an ISTS scheme to set up evacuation infrastructure for upcoming hydropower projects in Himachal Pradesh. Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has shortlisted Power Grid Corporation Read more

CERC grants transmission licence to Kallam Transco

Central Electricity Regulatory Commission (CERC), in a recent order, has granted final transmission licence to Kallam Transco Ltd that is developing an ISTS scheme, won under the TBCB route, in Maharashtra. Kallam Transco Ltd (KTL), a subsidiary of India Read more

CTUIL approves RTM projects worth nearly Rs.400 crore

Central Transmission Utility of India Ltd (CTUIL) recently approved a set of interstate transmission system (ISTS) schemes, with an aggregate value of nearly Rs.400 crore, to be implemented under the regulatory tariff mechanism (RTM). In an Read more

More success for PGCIL, receives LoI for ISTS-TBCB scheme in Gujarat

Power Grid Corporation of India Ltd (PGCIL) continued its winning spree in the ISTS-TBCB space, this time receiving the letter of intent for a scheme in the Khavda area in Gujarat. In a brief stock exchange Read more

National Electricity Plan — 2032 finalized, outlay pegged at over Rs.9 trillion

The National Electricity Plan (NEP) for the period 2023 to 2032 has been finalized. Union power minister Manohar Lal made this announcement at a press conference in New Delhi, on September 23, 2024. The NEP 2032 Read more

Three contenders for major HVDC transmission scheme in Gujarat

Three players are in the fray for a major interstate transmission system (ISTS) scheme in Gujarat involving HVDC technology, for which developer selection is taking place through the tariff-based competitive bidding (TBCB) mode. It is reliably Read more

PGCIL named successful bidder for Rajasthan REZ ISTS scheme

Power Grid Corporation of India Ltd (PGCIL) has been declared as successful bidder for an interstate transmission system (ISTS) scheme associated with renewable energy evacuation from Rajasthan. In a brief stock exchange filing, PGCIL said that Read more