RECPDCL

PGCIL named successful bidder for Bidar ISTS scheme

    Power Grid Corporation of India Ltd (PGCIL) has been named successful bidder for an interstate transmission system (ISTS) scheme in Karnataka, under the tariff-based competitive bidding (TBCB) mechanism. In a brief stock exchange notification, PGCIL said that it has Read more

IndiGrid wins two ISTS schemes in TBCB mode

    India Grid Trust (IndiGrid) has received the letter of intent for two interstate transmission system (ISTS) schemes, won through the tariff-based competitive bidding (TBCB) mechanism. In a release, IndiGrid said that it has received letters of intent from REC Read more

Record year for Power Grid Corporation of India

Techo Electric, GE T&D India win major orders

    In independent developments, Techo Electric & Engineering Ltd and GE T&D India have reported the winning of major orders in the power T&D space. In a stock exchange filing, Techno Electric said that it has received orders worth Rs.1750 Read more

PGCIL commissions Ramgarh ISTS scheme in Rajasthan

    Power Grid Corporation of India Ltd (PGCIL) has commissioned an interstate transmission system (ISTS) scheme in Rajasthan, which it had won under the tariff-based competitive bidding (TBCB) mechanism. In a brief stock exchange filing, PGCIL said that on December Read more

Three SPVs for ISTS-TBCB schemes incorporated

    Three project special purpose vehicles (SPVs) have been newly incorporated for the development of as many interstate transmission system (ISTS) schemes, the developers for which will be selected using the tariff-based competitive bidding (TBCB) mechanism. Bid process coordinators REC Read more

PGCIL acquires “Ramgarh II Transmission Ltd”

  Power Grid Corporation of India Ltd (PGCIL) has acquired project special purpose vehicle “Ramgarh II Transmission Ltd” that houses an interstate transmission system (ISTS scheme in Rajasthan. In a stock exchange filing, PGCIL said that it has completed the Read more

RECPDCL incorporates SPVs for three interstate TBCB schemes

  REC Power Development & Consultancy Ltd (RECPDCL) has recently incorporated three wholly-owned subsidiaries for development of as many interstate transmission system (ISTS) schemes, under the tariff-based competitive bidding (TBCB) mechanism. In a stock exchange filing, RECPDCL, a wholly-owned subsidiary Read more

RECPDCL incorporates two SPVs for ISTS schemes in Gujarat

  REC Power Development & Consultancy Ltd (RECPDCL) has incorporated two wholly-owned subsidiaries that would act as project special purpose vehicles (SPVs) for interstate transmission system (ISTS) schemes in Gujarat. In a stock exchange communication, REC Ltd, Read more

Sikar-Khetri ISTS scheme bifurcated, one key element now on RTM basis

  The interstate transmission system (ISTS) scheme officially termed as “Transmission System for evacuation of power from REZ in Rajasthan (20 GW) under Phase III – Part D” has been bifurcated, with respect to project scope and mode of Read more

REC incorporates project SPV for ISTS scheme in Maharashtra

  REC Ltd has incorporated a step-down wholly-owned subsidiary that would act as a project special purpose vehicle (SPV) for development of an interstate transmission scheme in Maharashtra. In a recent stock exchange communication, REC Ltd said Read more