CERC grants trading licence to RECPDCL

Central Electricity Regulatory Commission (CERC) has granted interstate trading licence to REC Power Development & Consultancy Ltd (RECPDCL), a wholly-owned subsidiary of REC Ltd. In a very recent order, CERC has issued RECPDCL, “Category I” licence that enables RECPDCL Read more

PGCIL receives letter of intent for two ISTS-TBCB schemes

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

PGCIL, Megha Engineering in the fray for Bidar ISTS scheme in Karnataka

Only two contenders – Power Grid Corporation of India Ltd (PGCIL) and Megha Engineering & Infrastructures Ltd (MEIL) – are in the fray for the Bidar pooling station augmentation scheme in Karnataka. It is reliably learnt that PGCIL and Read more

CERC grants transmission licence to Khavda IV-A Power Transmission

Central Electricity Regulatory Commission (CERC) has granted transmission licence to Khavda IV A Power Transmission Ltd, a TBCB-subsidiary of Adani Energy Solutions Ltd (AESL). In its recent order, CERC granted transmission licence that will remain in 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

SPV incorporated for Rajgarh RE evacuation ISTS scheme

Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has incorporated a project special purpose vehicle (SPV) associated with an ISTS-TBCB scheme for evacuation of RE power from Rajgarh in Madhya Pradesh. In a stock Read more

MPPTCL

Reliance Industries among three bidders qualified for Lakadia-B ISTS scheme

Reliance Industries, alongside two seasoned players, have qualified for opening of initial price bids for an interstate transmission system scheme associated with the Lakadia Pooling Station in Gujarat, being developed under the TBCB mechanism. It is reliably learnt that Read more

Formal transfer of three ISTS-TBCB projects expected soon

Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) is soon expected to formally transfer three project SPVs of ISTS-TBCB schemes to their respective winning developers. According to an informed source, the transfer of the Read more

GE

Adani Energy Solutions wins HVDC scheme in Rajasthan, under TBCB

Adani Energy Solutions Ltd has won an interstate transmission system (ISTS) scheme in Rajasthan involving use HVDC technology, under the tariff-based competitive bidding (TBCB) mechanism. According to an informed source who did not wish to be Read more

global green hydrogen ecosystem | T&D India

PFCCL incorporates project SPV for green hydrogen scheme in Gujarat

Bid process coordinator PFC Consulting Ltd (PFCCL) recently incorporated a wholly-owned subsidiary for development of an ISTS-TBCB scheme associated with upcoming green hydrogen plants in the Kandla region of Gujarat. In a stock exchange communication, PFCCL said that “Kandla Read more