With 45 schemes awarded, FY25 proves very eventful for ISTS-TBCB market

Fiscal year FY25 that closed on March 31, 2025 has been a record year for the ISTS-TBCB market, on several counts. Based on an exclusive study by T&D India, FY25 saw as many as 45 interstate transmission system (ISTS) Read more

Transformation capacity at Davanagere PS to be augmented under TBCB

An interstate transmission system (ISTS) scheme to augment transformation capacity at the upcoming Davanagere Pooling Station (PS) in Karnataka will be taken up under the tariff-based competitive bidding (TBCB) route. This scheme, estimated to cost Rs.379 Read more

Developer selection begins for intrastate TBCB schemes in Maharashtra

Bidding has begun for three intrastate transmission system (InSTS) schemes in Maharashtra, under the tariff-based competitive bidding (TBCB) framework. While bid process coordinators REC Power Development & Consultancy Ltd (RECPDCL) has initiated the Read more

Adani Energy acquires Mahan intrastate scheme in MP, under TBCB

Adani Energy Solutions Ltd (AESL) has formally acquired “Mahan Transmission Ltd” – a project SPV for development of an intrastate transmission system (InSTS) scheme, from bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL). In Read more

Four developers in the fray for Mahan ISTS scheme in Madhya Pradesh

Four developers have technically qualified for opening of initial price bids of an interstate transmission system (ISTS) scheme in Madhya Pradesh. It is reliably learnt that bid process coordinator PFC Consulting Ltd, based on technical bids Read more

RECPDCL transfers four SPVs of ISTS-TBCB schemes to winning developers, PGCIL gets three

Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL), on March 24, 2025, transferred four special purpose vehicles (SPVs) corresponding to as many interstate transmission system (ISTS) schemes, to their respective winning developers selected Read more

Maharashtra plans more intrastate schemes in TBCB mode

Maharashtra has planned to develop two more intrastate transmission system (InSTS) schemes under the tariff-based competitive bidding (TBCB) framework. This is in addition to three such schemes planned earlier. State utility Maharashtra State Electricity Transmission Company Read more

Three developers in the fray for PSP evacuation scheme in Maharashtra

Three leading developers are in the fray for development of a transmission scheme catering to pumped storage projects in Maharashtra. It is reliably learnt that bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has Read more

Transmission scheme planned for pumped storage projects in Uttar Pradesh

An interstate transmission system (ISTS) scheme to for evacuating generation from pumped storage projects in Uttar Pradesh has been proposed. In its most recent meeting, National Committee on Transmission (NCT) has recommended an Read more

hydropower

Bidding annulled for hydropower evacuation scheme in Himachal Pradesh

Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has annulled the bidding process for an interstate transmission system (ISTS) scheme for evacuation of upcoming hydropower projects in Himachal Pradesh. RECPDCL has scrapped the bidding Read more