PFCCL
Odisha initiates TBCB modality for intrastate power transmission
- Jun 27, 2023
Odisha has initiated the tariff-based competitive bidding (TBCB) mechanism for developing its intrastate transmission network. Confirming this to T&D India over phone, a senior official of Odisha Power Transmission Corporation Ltd (OPTCL), said that the newly-incorporated SPV “Joda Barbil Read more
Bid submission date extended for Rajasthan TBCB projects
- Jun 21, 2023
PFC Consulting Ltd (PFCCL) has extended the timeline for submission of RfP (technical and financial) for four ISTS schemes being developed under the TBCB mode, all related to evacuation of renewable energy from Rajasthan. The four interstate schemes are Read more
PFCCL forms SPV for intrastate scheme in UP, two bidders in final race
- Jun 19, 2023
PFC Consulting Ltd (PFCCL), in its capacity as bid process coordinator (BPC), has incorporated a project special purpose vehicle (SPV) for developing an intrastate transmission scheme in Uttar Pradesh. According to a PFCCL stock exchange filing, the project SPV, Read more
PFCCL incorporates two SPVs for interstate transmission schemes
- Jun 13, 2023
PFC Consulting Ltd (PFCCL) has incorporated special purpose vehicles (SPVs) for the development of two interstate transmission schemes that will be developed under the TBCB mode. In a recent stock exchange filing, Power Finance Corporation Ltd, of which PFCCL Read more
NCT approves ISTS scheme for RE evacuation in Solapur
- Apr 17, 2023
The National Committee on Transmission (NCT), in its recent meeting, approved an interstate transmission system (ISTS) scheme for the evacuation of 1,500 MW worth of upcoming renewable energy projects at Solapur in Maharashtra. The scheme, estimated Read more
PGCIL completes acquisition of three project SPVs for ISTS schemes
- Apr 2, 2023
Power Grid Corporation of India Ltd (PGCIL) announced that it has completed the acquisition of three project special purpose vehicles, incorporated for the development of interstate transmission system (ISTS) schemes. In independent stock exchange filings, PGCIL announced that it Read more
Sterlite Power wins major transmission project in Rajasthan, in TBCB mode
- Mar 17, 2023
Sterlite Power has announced the winning of a major transmission scheme in Rajasthan, aimed at renewable energy evacuation, under the tariff-based competitive bidding (TBCB) route. In a release, Sterlite Power said that it has been awarded the transmission project Read more
PGCIL committee approves investment in RTM project
- Dec 16, 2022
Power Grid Corporation of India Ltd (PGCIL) has accorded investment proposal for a transmission scheme in Rajasthan. In a brief stock exchange filing, PGCIL said that its Committee of Directors on Investment on Projects, in its meeting held on Read more
PFCCL transfers two project SPVs to Adani Transmission
- Jan 21, 2022
Bid process coordinator PFC Consulting Ltd (PFCCL) has transferred two project special purpose vehicles, related to TBCB-based power transmission schemes, to the winning developer Adani Transmission Ltd. In a stock exchange filing, PFCCL said that the following two project Read more
PFC incorporates new subsidiary for power transmission project
- Jun 15, 2021
Power Finance Corporation (PFC) has incorporated a new step-down subsidiary that will act as a special purpose vehicle for a power transmission scheme to be developed under the TBCB regime. In a stock exchange communication, PFC said that its Read more