PGCIL formally acquires SPVs for two ISTS-TBCB wins

Power Grid Corporation of India Ltd (PGCIL) has acquired two project special purpose vehicles for the development of as many interstate transmission system (ISTS) schemes. Both the two SPVs were acquired from bid process coordinator PFC Read more

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Three top players in the fray for major ISTS scheme spanning Rajasthan, MP

Three of the biggest developers are in the fray for an interstate transmission system (ISTS) scheme straddling Rajasthan and Madhya Pradesh. It is reliably learnt that Power Grid Corporation of India Ltd (PGCIL), Sterlite Power (now Read more

PGCIL named successful bidder for two ISTS-TBCB schemes

Power Grid Corporation of India Ltd (PGCIL) has been named as successful bidder under the tariff-based competitive bidding (TBCB) mechanism for two interstate transmission system (ISTS) schemes. In a stock exchange communication, PGCIL Read more

PGCIL begins commercial operations on Sikar TBCB project

Power Grid Corporation of India Ltd (PGCIL) has announced that its TBCB subsidiary “Powergrid Sikar Transmission Ltd” has received notification for commercial operation. In a brief stock exchange filing, PGCIL said that Powergrid Sikar Transmission Ltd received notification for Read more

Adani Energy Solutions formally acquires India’s first HVDC scheme awarded to private sector under TBCB

Adani Energy Solutions Ltd (AESL), on January 20, 2025, formally acquired “Rajasthan Part I Power Transmission Ltd” from bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL). This is the second HVDC transmission project to be ever Read more

CERC issues interstate licence to Powergrid Bhadla Bikaner Transmission

Central Electricity Regulatory Commission (CERC) has issued interstate transmission licence to Powergrid Bhadla Bikaner Transmission Ltd, a TBCB subsidiary of Power Grid Corporation of India Ltd (PGCIL). In a very recent order, CERC issued the final Read more

Linxon SS Tata Power Solar Rajasthan | T&D India

PGCIL incorporates JV for intrastate grid development in Rajasthan

Power Grid Corporation of India Ltd (PGCIL) has newly incorporated a joint venture for development of Rajasthan’s intrastate power grid. In a stock exchange filing, PGCIL said that the two-way joint venture named “Rajasthan Power Grid Transmission Company Ltd Read more

RECPDCL formally transfers “Rajasthan IV 4B Power Transmission” to DRAIPL

Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has formally transferred project SPV “Rajasthan IV 4B Power Transmission Ltd” to the winning developer Dineshchandra R. Agarwal Infracon Pvt Ltd (DRAIPL). DRAIPL emerged as the successful bidder under Read more

Bid submission date extended for Fatehgarh-Barmer pooling station scheme

Bid process coordinator PFC Consulting Ltd (PFCCL) has extended the last date for submission of bids for an interstate scheme in Rajasthan, involving capacity augmentation to three pooling stations. As per the latest notification, the submission Read more

CERC grants transmission licence to Bhadla-III ISTS scheme

In a very recent order, Central Electricity Regulatory Commission (CERC) has granted final transmission licence to “Bhadla-III Transmission Ltd,” a TBCB-subsidiary of Power Grid Corporation of India Ltd (PGCIL). The transmission licence shall remain in force Read more