TBCB
PGCIL records modest capex growth in FY23, capitalization falls sharply
- May 23, 2023
Power Grid Corporation of India Ltd (PGCIL) has recorded a modest year-on-year growth in capital expenditure during FY23, at the consolidated level, while capitalization has declined significantly. According to an investor presentation filed on stock exchanges, PGCIL incurred capital Read more
REC board approves four SPVs for interstate transmission schemes
- May 18, 2023
The board of REC Ltd, in a recent meeting, has approved the creation of four subsidiaries that will act as special-purpose vehicles for developing interstate transmission schemes. In a stock exchange filing, REC Ltd said that these four entities Read more
NCT recommends TBCB mode for three ISTS schemes
- Apr 20, 2023
The National Committee on Transmission (NCT), in its recent meeting, has recommended three interstate transmission system (ISTS) schemes to be implemented under the tariff-based competitive bidding (TBCB) mechanism. The recommendation has been forwarded to the Read more
TBCB Report Card for FY23: 8 awarded, 6 completed
- Apr 19, 2023
A special study by T&D India, based on official documents, suggests that during fiscal year 2022-23 ending March 31, 2023, a total of eight interstate transmission projects were awarded under the tariff-based competitive bidding (TBCB) route. Further, six Read more
Adani Transmission completes four TBCB projects in FY23
- Apr 17, 2023
Adani Transmission Ltd (ATL) has fully commissioned four transmission schemes under the tariff-based competitive bidding (TBCB) route during FY23, according to a recent investor update filed by the company on stock exchanges. Of the four schemes, one was an Read more
NCT approves ISTS scheme for RE evacuation in Solapur
- Apr 17, 2023
The National Committee on Transmission (NCT), in its recent meeting, approved an interstate transmission system (ISTS) scheme for the evacuation of 1,500 MW worth of upcoming renewable energy projects at Solapur in Maharashtra. The scheme, estimated Read more
WRSR Transmission sees 15 per cent drop in L1 bid, post e-RA
- Apr 13, 2023
The interstate transmission scheme housed under “WRSR Transmission Ltd” saw a 15 percent drop in L1 bids, after the e-reverse auction (e-RA) round. In a special study by T&D India, based on official reports issued by Read more
PGCIL completes acquisition of three project SPVs for ISTS schemes
- Apr 2, 2023
Power Grid Corporation of India Ltd (PGCIL) announced that it has completed the acquisition of three project special purpose vehicles, incorporated for the development of interstate transmission system (ISTS) schemes. In independent stock exchange filings, PGCIL announced that it Read more
Megha Engineering wins interstate transmission scheme in TBCB mode
- Mar 31, 2023
Megha Engineering & Infrastructures Ltd (MEIL) has won an interstate transmission system (ISTS) project under the tariff based competitive bidding (TBCB) mechanism. Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) approved the sale of transfer of the Read more
PGCIL acquires six project SPVs of interstate TBCB projects
- Mar 23, 2023
Power Grid Corporation of India Ltd (PGCIL) has announced that it has formally acquired six project special purpose vehicles (SPVs) related to the development of interstate power transmission schemes, from the respective bid process coordinators (BPC). In independent filings, Read more