PFCCL

PFCCL incorporates three project SPVs for ISTS-TBCB schemes

PFC Consulting Ltd (PFCCL) has incorporated three project special purpose vehicles (SPV) for the development of as many interstate transmission system (ISTS) schemes, under the tariff-based competitive bidding (TBCB) mechanism. In a stock Read more

Bids for Joda-Barbil intrastate scheme to be opened soon

The initial price bids for the Joda-Barbil intrastate transmission scheme in Odisha are scheduled to open on June 28, 2024, by current thinking. The scheme is officially termed as “Construction of 400/220/132kV grid substation at Joda/Barbil with associated transmission Read more

Kudankulam nuclear plant evacuation scheme under bidding

    The bidding process for setting up transmission infrastructure related to two upcoming units of the Kudankulam nuclear power plant in Tamil Nadu has begun. Bid process coordinator PFC Consulting Ltd (PFCCL) has invited requests for proposal Read more

Three qualify for Puducherry smart metering project

    Three entities have technically qualified for the smart metering project in the Union Territory of Puducherry. This project is being re-tendered following the annulment of the previous bidding round initiated in January 2024. It is reliably learnt that three Read more

Power distribution and renewable energy to dominate PFC’s lending portfolio

      The power distribution sector as well as renewable energy are set to dominate the lending portfolio of Power Finance Corporation (PFC) during FY25. Addressing a media conference in Mumbai on May 15, 2024, Ms Parminder Chopra, Read more

Bhuj Substation FIO | T&D India

PGCIL declared successful bidder for two ISTS-TBCB schemes

    Power Grid Corporation of India Ltd (PGCIL) has been declared successful bidder for two interstate transmission system (ISTS) schemes, under the tariff-based competitive bidding (TBCB) route. This has taken PGCIL's cumulative wins in this fiscal Read more

Three qualify for Jaisalmer-Barmer ISTS-TBCB scheme in Rajasthan

    Three bidders are in the fray for a major interstate transmission system (ISTS) scheme in Rajasthan, under the tariff-based competitive bidding (TBCB) mechanism. It is reliably learnt that Power Grid Corporation of India Ltd ( Read more

SPV incorporated for Bhadla Pooling Station TBCB project

    Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has incorporated a project special purpose vehicle (SPV) for an interstate transmission system (ISTS) scheme related to the Bhadla-III Pooling Station in Rajasthan. In a stock exchange notification, Read more

Torrent Power formally acquires Solapur ISTS project

    Torrent Power has made a formal entry in the interstate transmission system (ISTS) development space, under the tariff-based competitive bidding (TBCB) route. In a brief stock exchange filing, nodal agency PFC Consulting Ltd ( Read more

NCT clears two ISTS schemes under TBCB route

    The National Committee on Transmission (NCT), in its most recent meeting, has approved two ISTS schemes to be implemented under the tariff-based competitive bidding (TBCB) route while clearing one under the regulated tariff mechanism (RTM) Read more