PFCCL

G R Infraprojects set to win its fourth ISTS-TBCB scheme

G R Infraprojects Ltd (GRIL) is set to clinch its fourth interstate transmission system (ISTS) scheme under the tariff-based competitive bidding (TBCB) mode. In a stock exchange communication, GRIL said that bid process coordinator PFC Consulting Read more

PGCIL clinches two more ISTS-TBCB schemes — Gadag-Koppal and Kudankulam

Power Grid Corporation of India Ltd (PGCIL) has continued its winning spree with the addition of two more schemes to its ISTS-TBCB portfolio. PGCIL, on December 12, 2024, received the letter of intent for two interstate transmission system (ISTS) Read more

Linxon PGCIL Saharsa SS LR | T&D India

Lack of response to ISTS-TBCB scheme in Rajasthan leads to RTM route

An ISTS scheme in Rajasthan, originally to be developed under the TBCB route, will now see adoption of the RTM modality, thanks to lack of bidder response despite multiple extensions in bid submission date. In its Read more

Project SPV “Raghnesda RE Transmission Ltd” incorporated

Bid process coordinator PFC Consulting Ltd has announced the incorporation of a new wholly-owned subsidiary “Raghnesda RE Transmission Ltd” that will act as a project special purpose vehicle for development of an ISTS scheme. The ISTS Read more

global green hydrogen ecosystem | T&D India

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

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

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

Madhya Pradesh deploys TBCB for its fourth intrastate scheme

Bidding has begun for what would be the fourth intrastate transmission system (InSTS) scheme in Madhya Pradesh, being developed under the tariff-based competitive bidding (TBCB) mechanism. Bid process coordinator REC Power Development & Consultancy Ltd ( Read more

Tata Power formally acquires “Paradeep Transmission Ltd”

Tata Power has completed the formal acquisition of “Paradeep Transmission Ltd” from bid process coordinator PFC Consulting Ltd (PFCCL). Paradeep Transmission Ltd was incorporated on November 30, 2024 as a wholly-owned subsidiary of PFC Consulting Ltd Read more

PFCCL incorporates SPV for Koppal-Gadag ISTS scheme

Bid process coordinator PFC Consulting Ltd (PFCCL) has incorporated a wholly-owned subsidiary that will act as a special purpose vehicle (SPV) for development of an ISTS scheme in Karnataka. Incorporated on October 21, 2024, the newly-formed SPV is called Read more