Four developers have been shortlisted for development of an ISTS scheme in Rajasthan involving HVDC-based infrastructure. The scheme had come up for re-tendering in August after the original bidding process was annulled. The four developers are Power Grid Corporation Read more
Central Electricity Regulatory Commission (CERC) has adopted the transmission tariff with respect to the ISTS scheme being developed by Sirohi Transmission Ltd. In a very recent order, CERC adopted the tariff (annual transmission charge) of Rs.2,908.53 million per year Read more
Power Grid Corporation of India Ltd (PGCIL) has been named successful bidder for development of a mega ISTS scheme involving HVDC technology. In a stock exchange filing, PGCIL said that it has been declared as the successful bidder under Read more
Power Grid Corporation of India Ltd (PGCIL) has been issued the letters of intent for development of two interstate transmission system (ISTS) schemes associated with renewable energy evacuation from Rajasthan, under the tariff-based competitive bidding Read more
The proposal of building what could be India’s first “Green GIS” switching station on the ISTS network will be deliberated by the National Committee on Transmission (NCT) in its next meeting. This plan has been under discussion at various Read more
PFC Consulting Ltd (PFCCL), on October 15, 2024, transferred four project special purpose vehicles for development of interstate transmission system (ISTS) schemes, to their respective winning developers, selected under the tariff-based competitive bidding (TBCB) route. PFCCL was acting as Read more
Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL), on October 15, 2024, formally handed over the project SPV “Rajasthan IV H1 Power Transmission Ltd” to successful bidder Power Grid Corporation of India Ltd Read more
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
Power Grid Corporation of India Ltd (PGCIL) has entered into a shareholder agreement with state transmission utility Rajasthan Rajya Vidyut Prasaran Ltd (RVPNL) for the formation of a joint venture company. In a stock exchange filing, PGCIL said that Read more