Two ISTS schemes for renewable energy evacuation from Madhya Pradesh, which will be awarded under the TBCB modality, were recently approved by National Committee on Transmission. The two schemes will facilitate RE evacuation from the solar Read more
Power Grid Corporation of India Ltd (PGCIL) has received the letter of intent for developing an ISTS-TBCB scheme housed under “Rajasthan IV 4A Power Transmission Ltd.” In a brief stock exchange filing, PGCIL said that the letter of intent Read more
In independent developments, bid process coordinators REC Power Development & Consultancy Ltd (RECPDCL) and PFC Consulting Ltd (PFCCL), on November 20, 2024, together incorporated three wholly-owned subsidiaries to act as project special purpose vehicles for Read more
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 ( Read more
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 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 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 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
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
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