Madhya Pradesh deploys TBCB for its fourth intrastate scheme

Bidding has begun for what would be the fourth intrastate transmission system (InSTS) scheme in Madhya Pradesh, being developed under the tariff-based competitive bidding (TBCB) mechanism. Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has commenced the Read more

RECPDCL incorporates two SPVS for ISTS schemes

Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has incorporated two wholly-owned subsidiaries that would act as special purpose vehicles for the development of two ISTS schemes to be awarded under the tariff-based competitive bidding ( Read more

One new entrant among entities qualified for “Rajasthan 4B” ISTS scheme

One new entrant features in the list of four bidders qualified for opening of initial price bids for an ISTS scheme housed under “Rajasthan IV 4B Power Transmission Ltd.” The new entrant Dineshchandra R. Agrawal Infracon Read more

Tata Power acquires ERES-XXXIX Power Transmission, its third ISTS-TBCB scheme

Tata Power has formally acquired “ERES-XXXIX Power Transmission Ltd” – a project SPV for the development of an ISTS scheme in Odisha – from bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL). This becomes Read more

Three bidders qualify for “Rajasthan IV 4A” ISTS scheme

Three developers have qualified for opening of initial price bids for an ISTS-TBCB scheme relating to evacuation from renewable energy zones in Rajasthan. It is reliably learnt that the three bidders in question are Power Grid Corporation of India Read more

RECPDCL incorporates two subsidiaries for ISTS-TBCB projects

Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has incorporated two wholly-owned subsidiaries that will act as project special purpose vehicles for as many ISTS-TBCB schemes. Both the schemes are currently under bidding. Here are broad details Read more

G&B GIS Patna | T&D India

“Banaskantha Transco Ltd” incorporated for ISTS-TBCB scheme in Gujarat

Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has incorporated a wholly-owned subsidiary “Banaskantha Transco Ltd” that will act as a special purpose vehicle to develop an interstate transmission system (ISTS) scheme in Read more

SPV incorporated for Ratle and Kiru hydropower evacuation schemes

  REC Power Development & Consultancy Ltd (RECPDCL) has incorporated a project special purpose vehicle for development of an ISTS scheme associated with evacuation of power from the Ratle and Kiru hydropower projects in UT of Read more

PGCIL named successful bidder for two ISTS-TBCB schemes – Bikaner A, Bikaner B

Power Grid Corporation of India Ltd (PGCIL) has been issued the letters of intent for development of two interstate transmission system (ISTS) schemes associated with renewable energy evacuation from Rajasthan, under the tariff-based competitive bidding Read more

PGCIL formally acquires project SPV for “Rajasthan IV H1” ISTS scheme

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