TBCB
CERC grants transmission licence to Aligarh-Sikar scheme
- Jun 1, 2022
In a recent order, Central Electricity Regulatory Commission (CERC) has granted transmission licence to Powergrid Aligarh Sikar Transmission Ltd that is implementing a power evacuation scheme in Rajasthan, under the tariff-based competitive bidding (TBCB) route. Powergrid Aligarh Sikar Transmission Read more
PGCIL sees more business opportunity in ISTS projects
- May 25, 2022
Power Grid Corporation of India Ltd (PGCIL) anticipates more TBCB-based business opportunities in interstate transmission system (ISTS) schemes rather than the intrastate counterpart. Addressing an investor conference, Mohammed Taj Mukarram, Director – Finance, PGCIL, said that opportunities in the Read more
PGCIL formally acquires its first TBCB project for FY23
- May 13, 2022
Power Grid Corporation of India Ltd (PGCIL) has formally acquired its first interstate power transmission scheme under the TBCB route, for the current fiscal year. In a recent stock exchange filing, PGCIL said that it has completed the acquisition Read more
Khavda-Bhuj Transmission en route to secure interstate license
- May 6, 2022
Central Electricity Regulatory Commission (CERC), in a very recent order, has stated that Khavda-Bhuj Transmission Ltd is fit to receive interstate transmission licence, subject to the fulfillment of customary conditions. In its order dated April 29, 2022, CERC has Read more
CERC directs PGCIL to issue public notice for Sikar transmission scheme
- Apr 21, 2022
Central Electricity Regulatory Commission (CERC) has directed the developer Power Grid Corporation of India Ltd (PGCIL) to issue a public notice seeking suggestions from the public, before CERC proceeds to grant transmission licence for the Sikar scheme in Read more
TBCB Scorecard for FY22: Ten projects awarded, eight commissioned
- Apr 18, 2022
A special study by T&D India based on official statistics released by Central Electricity Authority (CEA) suggests that in fiscal year 2021-22 (FY22), ten new interstate power transmission schemes under the TBCB modality were awarded, while eight such Read more
Resurgent Power Ventures completes acquisition of NRSS XXXVI
- Apr 6, 2022
Pursuant to the letter of intent issued by lenders of NRSS XXXVI Transmission Ltd, Resurgent Power Ventures Pte Ltd has completed the acquisition, and settled debt of the lender, of NRSS XXXVI. The transaction is part of stressed asset Read more
We will continue to invest in low-carbon growth areas: Apraava Energy
- Apr 5, 2022
Apraava Energy is the new identity of CLP India, which is regarded as amongst the earliest multinationals to enter India’s power sector. Apraava Energy, as part of its new corporate philosophy, Read more
Sterlite Power wins TBCB project in Jammu & Kashmir
- Mar 30, 2022
Sterlite Power has received the letter of intent to build a transmission scheme in Jammu & Kashmir, under the tariff-based competitive bidding (TBCB) mechanism. In a release, Sterlite Power said that the LoI was received from bid process coordinator Read more
Koppal-Narendra Transmission secures transmission licence from CERC
- Mar 30, 2022
Central Electricity Regulatory Commission (CERC) has granted transmission licence to “Koppal-Narendra Transmission Ltd” – a project SPV owned by ReNew Transmission Ventures Ltd. In an order dated March 28, 2022, CERC has granted transmission licence to Read more