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
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
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
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
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
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
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
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