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
Central Electricity Regulatory Commission (CERC) has granted transmission licence to Powergrid Ananthpuram Kurnool Transmission Ltd (PAKTL) for an interstate transmission system (ISTS) scheme to be implemented under the regulatory tariff mechanism (RTM) mode. The ISTS-RTM project Read more
Central Transmission Utility of India Ltd (CTUIL) recently approved a set of interstate transmission system (ISTS) schemes, with an aggregate value of nearly Rs.400 crore, to be implemented under the regulatory tariff mechanism (RTM). In an Read more
Power Grid Corporation of India Ltd (PGCIL) continued its winning spree in the ISTS-TBCB space, this time receiving the letter of intent for a scheme in the Khavda area in Gujarat. In a brief stock exchange Read more
Three players are in the fray for a major interstate transmission system (ISTS) scheme in Gujarat involving HVDC technology, for which developer selection is taking place through the tariff-based competitive bidding (TBCB) mode. It is reliably Read more
Power Grid Corporation of India Ltd (PGCIL) is set to win an overwhelming majority of the TBCB-based constituents under the “Transmission System for Rajasthan REZ Phase IV (Part 2: 5.5 GW) (Jaisalmer/Barmer)” ISTS scheme. The overall scheme has been Read more
Power Grid Corporation of India Ltd (PGCIL) has been declared as successful bidder for an interstate transmission system (ISTS) scheme associated with renewable energy evacuation from Rajasthan. In a brief stock exchange filing, PGCIL said that Read more