SPV

Only two in race for Khavda RE evacuation scheme

  Only two bidders have qualified for opening of price bids for a major interstate transmission system (ISTS) scheme aiming to evacuate renewable energy from Khavda in Gujarat. It is reliably learnt that only two bidders – Read more

DERC grants regulatory approval to commercial-scale BESS project

    Delhi Electricity Regulatory Commission (DERC) has granted regulatory approval to what is understood to be India’s first commercial standalone battery energy storage system (BESS) project. In a release, Global Energy Alliance for People and Planet (GEAPP) said that this Read more

Rajasthan Power Transmission | T&D India

Licence granted to RTM components of Khavda RE evacuation scheme

    Central Electricity Regulatory Commission (CERC) has granted licence to two regulated tariff mechanism (RTM) components of a major evacuation scheme related to renewable energy parks in Khavda, Gujarat. The two RTM components, denoted as “Part E1” Read more

Tata Power gets transmission licence for ISTS-TBCB scheme

    Tata Power has received transmission licence for its first-ever greenfield interstate transmission system (ISTS) scheme. In an order dated today (April 15, 2024), Central Electricity Regulatory Commission (CERC) has granted transmission licence to Tata Power for Read more

Over Rs.1.2 trillion worth of ISTS-TBCB schemes awarded so far

    The recently released National Electricity Plan (Transmission -- Vol.2) suggests that over Rs.1.2 trillion worth of interstate transmission system (ISTS) schemes have been awarded under the tariff-based competitive bidding (TBCB) route, so far. According to the Read more

PGCIL SPV receives ISTS licence for RTM project

    Central Electricity Regulatory Commission (CERC) has granted interstate transmission licence to a special purpose vehicle (SPV) of Power Grid Corporation of India Ltd (PGCIL) for a set of interstate transmission system ( Read more

PFCCL forms three SPVs for interstate TBCB projects

    PFC Consulting Ltd (PFCCL) has newly incorporated three project special purpose vehicles for the development of as many interstate transmission system (ISTS) schemes, where the developer would be selected using the tariff-based competitive bidding (TBCB) Read more

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

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

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