Tata Power has won its second interstate transmission system (ISTS) scheme under the tariff-based competitive bidding (TBCB) modality. In a stock exchange notification, Tata Power said that it has received the letter of intent from bid process coordinator PFC Read more
Madhya Pradesh is planning to adopt the tariff-based competitive bidding (TBCB) mechanism for an evacuation scheme associated with the power plant of Mahan Energen Ltd. Speaking to T&D India, a senior official of Madhya Pradesh Power Read more
Four bidders have qualified for opening of initial price bids for an ISTS-TBCB scheme “Eastern Region Expansion Scheme – XXXIV.” According to information available, bid process coordinator PFC Consulting Ltd (PFCCL) has qualified Read more
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
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 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
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
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