NCT refers five major ISTS-TBCB schemes to power ministry for approval

    The National Committee on Transmission (NCT) has referred five major interstate transmission system (ISTS) schemes to the Union power ministry for final approval. In its meeting on March 5, 2023, NCT has referred five ISTS schemes – mainly to Read more

PGCIL to form JV for intrastate grid development in Rajasthan

    Power Grid Corporation of India Ltd (PGCIL) has proposed to form a joint venture to develop the intrastate transmission network in Rajasthan. In a brief stock exchange communication, PGCIL said that it has executed a memorandum of understanding (MoU) Read more

NTPC-REL commissions its first solar plant

    NTPC-Renewable Energy Ltd (NTPC-REL) has commissioned its first-ever solar power project. In a release, NTPC said that the first solar project of NTPC-REL, located at Chhattargarh in Rajasthan declared commercial operation of 70-mw of the total installed capacity of Read more

Bhadla Pooling Station augmentation scheme approved

    In a recent meeting, the National Committee on Transmission (NCT) has approved an interstate transmission system (ISTS) scheme, aiming to augment capacity at the upcoming Bhadla-III pooling station in Rajasthan. The scheme officially termed as “Additional Read more

Sterlite Power attains financial closure for Beawar Transmission

    Sterlite Power has successfully achieved financial closure for its Beawar Transmission Ltd (BTL) project. In a release, Sterlite Power said that the project has secured funds totaling around Rs.2,400 crore from REC Power Development & Consultancy Ltd – a Read more

PFCCL incorporates SPVs for two ISTS schemes

    PFC Consulting Ltd (PFCCL) has recently incorporated two special purpose vehicles for the development of as many interstate transmission system (ISTS) schemes, the developers for which will be selected under the tariff-based competitive bidding (TBCB) Read more

Apraava Energy wins its first solar project under auction route

    Apraava Energy has won its first greenfield solar power project through the auction route. In a release, Apraava Energy announced that it has been awarded a 250-mw ISTS-connected solar energy project by Central PSU NHPC Ltd, Read more

IndiGrid to acquire solar asset from ReNew Power

    India Grid Trust (IndiGrid) is set to acquire a major solar power asset from ReNew Power. In a release, IndiGrid said that it has signed a share purchase agreement with ReNew Solar Power Pvt Ltd (RSPPL) to acquire their Read more

Sterlite Power acquires Neemrana II Kotputli Transmission Ltd

    Sterlite Power has announced the acquisition of project SPV “Neemrana II Kotputli Transmission Ltd” from bid process coordinator PFC Consulting Ltd. The project was awarded to Sterlite Power through the tariff based competitive bidding (TBCB) process in November 2023.Through Read more

PGCIL commissions Ramgarh ISTS scheme in Rajasthan

    Power Grid Corporation of India Ltd (PGCIL) has commissioned an interstate transmission system (ISTS) scheme in Rajasthan, which it had won under the tariff-based competitive bidding (TBCB) mechanism. In a brief stock exchange filing, PGCIL said that on December Read more