TBCB
PFCCL transfers two project SPVs to Adani Transmission
- Jan 21, 2022
Bid process coordinator PFC Consulting Ltd (PFCCL) has transferred two project special purpose vehicles, related to TBCB-based power transmission schemes, to the winning developer Adani Transmission Ltd. In a stock exchange filing, PFCCL said that the following two project Read more
Sterlite Power commissions final element of Khargone transmission scheme
- Jan 4, 2022
Sterlite Power Transmission Ltd has announced full completion of the Khargone transmission scheme in Madhya Pradesh, following the successful commissioning of the sixth and final project element. The Khargone transmission scheme, with an estimated cost of Rs.1,662 crore, will Read more
IndiGrid completes acquisition of Kallam Transmission Ltd
- Dec 29, 2021
India Grid Trust (IndiGrid), in a stock exchange filing, said that a consortium of two of its wholly-owned subsidiaries has completed the acquisition of “Kallam Transmission Ltd” from REC Power Development & Consultancy Ltd. A consortium of IndiGrid 1 Read more
Sterlite Power acquires Nangalbibra–Bongaigaon Project from PFC
- Dec 28, 2021
Sterlite Power Transmission Ltd has acquired project special purpose vehicle “Nangalbibra ─ Bongaigaon Transmission Ltd” from bid process coordinator PFC Consulting Ltd. Sterlite Power had won the associated transmission scheme under the TBCB mode in Read more
Adani Transmission wins two TBCB projects, Rs.1,400-crore capex planned
- Dec 25, 2021
In a major development, Adani Transmission Ltd has reported the winning of two interstate power transmission projects under the tariff-based competitive bidding (TBCB) mechanism. Both the projects were awarded by bid process coordinator PFC Consulting Ltd, and will be Read more
Apraava Energy acquires 49 pc stake in Kohima Mariani Transmission
- Dec 21, 2021
Apraava Energy has acquired 49 per cent shareholding in Kohima Mariani Transmission Ltd. (KMTL) after receiving requisite regulatory approvals, a release from Apraava Energy said. KMTL is the owner of an interstate transmission project in north-eastern India, comprising 400kV Read more
ReNew Power wins TBCB transmission scheme in Karnataka
- Dec 14, 2021
Nodal agency PFC Consulting Ltd has transferred the project SPV for a power transmission scheme in Karnataka to the successful bidder ReNew Power. In a stock exchange communication, Power Finance Corporation (PFC) announced that its wholly-owned subsidiary PFC Consulting Read more
Power transmission projects worth nearly Rs.16,000 crore approved
- Dec 9, 2021
The Union power ministry has approved over 20 interstate transmission system (ISTS) projects, with an aggregate investment outlay of nearly Rs.16,000 crore. Approval has also been given to a new substation at Siot in the UT of Jammu Read more
Cross-border grids can support clean energy transition: Powerlinks Transmission
- Dec 3, 2021
Powerlinks Transmission Ltd, a 51:49 joint venture between Tata Power and Power Grid Corporation of India Ltd, represents India’s first-ever public private partnership in the power transmission sector. Kiran Gupta, CEO Read more
IndiGrid wins its first greenfield transmission project
- Dec 2, 2021
Having build its portfolio so far through acquisitions, India Grid Trust (IndiGrid) has won its first greenfield power transmission project, the power sector infrastructure investment trust (InvIT) said in a release. IndiGrid, India’s first power sector InvIT, has received Read more