Tata Power has marked its entry in the greenfield power development space, winning its first-ever project under the tariff-based competitive bidding (TBCB) process. In a stock exchange notification, Tata Power formally announced that bid process coordinator PFC Consulting Ltd Read more
Tata Power has been named L1 bidder in two transmission schemes being awarded under the tariff-based competitive bidding (TBCB) route. According to a recent investor presentation, Tata Power has been named as L1 bidder in two TBCB-based transmission schemes Read more
Bid process coordinator PFC Consulting Ltd (PFCCL) has shortlisted bidders for four interstate transmission system (ISTS) schemes being awarded under the tariff-based competitive bidding (TBCB) route. All the four schemes are associated with renewable energy evacuation Read more
GE T&D India has reported the winning of major orders from Power Grid Corporation of India Ltd (PGCIL). In a release, GE T&D India said that it has received orders worth around Rs.500 crore for the supply of 765kV Read more
Power Grid Corporation of India Ltd (PGCIL) has announced the formal acquisition of a project special purpose vehicle “Beawar Dausa Transmission Ltd” from bid process coordinator PFC Consulting Ltd. Beawar Dausa Transmission Ltd was incorporated in May 2022 by Read more
Power Grid Corporation of India Ltd (PGCIL) has acquired project special purpose vehicle “Ramgarh II Transmission Ltd” that houses an interstate transmission system (ISTS scheme in Rajasthan. In a stock exchange filing, PGCIL said that it has completed the Read more
Adani Energy Solutions Ltd (formerly Adani Transmission Ltd) will be developing an intrastate power transmission in Rajasthan, which will facilitate evacuation from a state government-owned thermal power plant. The intrastate transmission scheme, expected to cost around Rs.109 crore, will Read more
REC Power Development & Consultancy Ltd (RECPDCL) has recently incorporated three wholly-owned subsidiaries for development of as many interstate transmission system (ISTS) schemes, under the tariff-based competitive bidding (TBCB) mechanism. In a stock exchange filing, RECPDCL, a wholly-owned subsidiary Read more
Power Grid Corporation of India Ltd (PGCIL) has won two more interstate transmission systems (ISTS) schemes, under the tariff-based competitive bidding (TBCB) mechanism. PFC Consulting Ltd (PFCCL), the bid process coordinator for both the schemes, has Read more
The interstate transmission system (ISTS) scheme officially termed as “Transmission System for evacuation of power from REZ in Rajasthan (20 GW) under Phase III – Part D” has been bifurcated, with respect to project scope and mode of Read more