TBCB

SPV incorporated for Ratle and Kiru hydropower evacuation schemes

  REC Power Development & Consultancy Ltd (RECPDCL) has incorporated a project special purpose vehicle for development of an ISTS scheme associated with evacuation of power from the Ratle and Kiru hydropower projects in UT of Read more

PGCIL set to win mega HVDC scheme in TBCB mode

Power Grid Corporation of India Ltd (PGCIL) has been named successful bidder for development of a mega ISTS scheme involving HVDC technology. In a stock exchange filing, PGCIL said that it has been declared as the successful bidder under Read more

PFCCL incorporates SPV for Koppal-Gadag ISTS scheme

Bid process coordinator PFC Consulting Ltd (PFCCL) has incorporated a wholly-owned subsidiary that will act as a special purpose vehicle (SPV) for development of an ISTS scheme in Karnataka. Incorporated on October 21, 2024, the newly-formed SPV is called Read more

PGCIL named successful bidder for two ISTS-TBCB schemes – Bikaner A, Bikaner B

Power Grid Corporation of India Ltd (PGCIL) has been issued the letters of intent for development of two interstate transmission system (ISTS) schemes associated with renewable energy evacuation from Rajasthan, under the tariff-based competitive bidding Read more

Bidding underway for all NCT-approved green hydrogen ISTS schemes

The bidding process for all the three ISTS schemes to feed green hydrogen/ammonia units, and which have been approved by National Committee on Transmission (NCT) so far, is now underway. These three schemes with an aggregate Read more

Azure Power Rajasthan | T&D India

SPV incorporated for Bhadla-Bikaner complex ISTS scheme

Bid process coordinator PFC Consulting Ltd (PFCCL) has incorporated a wholly-owned subsidiary that will act as the project special purpose vehicle (SPV) for an ISTS scheme seeking to facilitate evacuation of RE power from Rajasthan, Read more

PFCCL transfers four SPVs to winning bidders – PGCIL, Adani Energy

PFC Consulting Ltd (PFCCL), on October 15, 2024, transferred four project special purpose vehicles for development of interstate transmission system (ISTS) schemes, to their respective winning developers, selected under the tariff-based competitive bidding (TBCB) route. PFCCL was acting as Read more

PGCIL formally acquires project SPV for “Rajasthan IV H1” ISTS scheme

Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL), on October 15, 2024, formally handed over the project SPV “Rajasthan IV H1 Power Transmission Ltd” to successful bidder Power Grid Corporation of India Ltd Read more

Adani Energy Solutions adds over 2,000 ckm to under-construction portfolio

With three new wins in the second quarter of FY25, Adani Energy Solutions Ltd (AESL) added over 2,000 ckm to its under-construction power transmission portfolio. In a provisional operational update for Q2FY25, AESL said that during Read more

Kallam Transmission FIO | T&D India

Two ISTS-TBCB projects completed in H1FY25

The pace of completions of ISTS-TBCB projects appears to have slowed down this fiscal year with only two such schemes getting fully commissioned in the first half (H1: April to September) of FY25. According to a special study by Read more