TBCB
PGCIL emerges successful bidder for ER-NER transmission scheme
- Sep 1, 2022
Power Grid Corporation of India Ltd (PGCIL) has announced that it has emerged as the successful bidder for an interstate transmission scheme spread over eastern and northeastern India, awarded under the tariff-based competitive bidding (TBCB) mechanism. In a brief Read more
CERC permits renaming of Vapi-II North Lakhimpur Transmission Ltd
- Aug 30, 2022
In a recent order, Central Electricity Regulatory Commission (CERC) has allowed the renaming of project SPV “Vapi-II North Lakhimpur Transmission Ltd.” that is developing a major interstate transmission scheme under the TBCB mode. Vapi-II North Lakhimpur Transmission Ltd (VNLTL) Read more
PGCIL wins Neemuch transmission scheme in TBCB mode, SPV handed over
- Aug 25, 2022
Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has handed over project special purpose vehicle “Neemuch Transmission Ltd” to Power Grid Corporation of India Ltd (PGCIL), the successful developer. PGCIL was selected as the developer under the Read more
Additional component of Warora-Kurnool scheme to come under RTM mode
- Aug 5, 2022
Central Electricity Regulatory Commission (CERC) has ruled that the additional component of an 80 MVAR reactor associated with the Warora-Kurnool transmission scheme may come up under the regulated tariff mechanism (RTM) mode, though the original project is being Read more
CERC grants transmission licence to Nangalbibra-Bongaigaon scheme
- Aug 2, 2022
Central Electricity Regulatory Commission (CERC), in a recent order, has granted transmission licence to Nangalbibra Bongaigaon Transmission Ltd (NBTL). NBTL is the special purpose vehicle (SPV), owned by Sterlite Power, developing the Nangalbibra Bongaigaon scheme under the build, own, Read more
IndiGrid set to acquire Raichur-Sholapur transmission asset
- Aug 1, 2022
India Grid Trust (IndiGrid), on July 30, 2022, signed the share purchase agreement (SPA) to acquire Raichur Sholapur Transmission Company Pvt Ltd (RSTCPL), an operational transmission asset, from its existing owners. The SPA was signed for acquisition of 100 Read more
TBCB Report Card for Q1FY23: Two awarded, none completed
- Jul 20, 2022
During the first quarter (April to June) of the ongoing fiscal year FY23, two new interstate transmission schemes were awarded under the tariff-based competitive bidding (TBCB) route, while none were completed during the same period. Based on official documents Read more
First 765kV line addition of FY23 seen in June 2022
- Jul 14, 2022
After two months of drawing blank, ongoing fiscal year 2022-23 saw its first addition of 765kV lines in June 2022. According to the latest reports issued by Central Electricity Authority, the month of June 2022 saw the addition of Read more
PGCIL set to acquire Neemuch SEZ transmission scheme in TBCB mode
- Jul 11, 2022
Power Grid Corporation of India Ltd (PGCIL) has emerged as the successful bidder for an interstate transmission scheme, awarded under the tariff-based competitive bidding (TBCB) mode. In a recent stock exchange filing, PGCIL said that it has been declared Read more
Private sector to drive 765kV line addition in FY23
- Jun 30, 2022
Private sector entities – led by Sterlite Power and Adani Power – are expected to dominate the addition of new 765kV lines in FY23, a special study by T&D India based on official statistics indicates. According to a recent Read more