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
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
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
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 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
Two bidders have qualified to submit their price bids for an intrastate transmission project in Uttar Pradesh, under the tariff-based competitive bidding (TBCB) mechanism. It is reliably learnt that bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) Read more
The interstate transmission system (ISTS) project housed under project SPV “Powergrid Ramgarh Transmission Ltd” is set to commission soon. According to a recent report by Central Electricity Authority (CEA), all elements of the transmission scheme are Read more
Sterlite Power has won an interstate transmission system (ISTS) scheme in Rajasthan, under the tariff-based competitive bidding route. This is the second such win for Sterlite Power in recent months. The project officially termed as “Transmission system for evacuation Read more
The first four months of FY24 saw hectic activity in the interstate TBCB power transmission space with as many as 11 new projects getting awarded. According to a special study by T&D India, based on official statistics released by Read more
In a recent order, Central Electricity Regulatory Commission (CERC) has granted transmission licence to “KPS3 Transmission Ltd” that is developing an ISTS scheme, awarded under the TBCB route. KPS3 Transmission Ltd was incorporated as a wholly-owned subsidiary of bid Read more