Sterlite

Sterlite Power Acquires Vapi-II North Lakhimpur Transmission Ltd from PFC

Sterlite Power has announced the acquisition of Vapi II North Lakhimpur Transmission Ltd (VNLTL), a special purpose vehicle from PFC Consulting Ltd. WRSS-XIX and NERSS-IX will serve the growing power needs of Mumbai region, and improve renewable power availability Read more

Adani

Adani wins Maharashtra transmission line in TBCB mode

Adani Transmission Ltd has signed a share purchase agreement and completed the acquisition of the special purpose vehicle Kharghar Vikhroli Transmission Pvt Ltd (KVTPL), incorporated by Maharashtra State Electricity Transmission Company Ltd. This project is critical to Mumbai as Read more

PGCIL

REC approves seven SPVs for power transmission projects

The Board of Directors of REC Ltd in its meeting held on March 25, 2020 inter-alia approved the proposal for incorporation of seven project specific special purpose vehicles (SPVs). These SPVs will be incorporated as wholly-owned subsidiaries of REC Read more

Sterlite

Sterlite Power teams up with key partners for GEC project

Sterlite Power announced that it is joining hands with GE T&D India Ltd, Unitech Power Transmission Ltd. (UPTL), Tata Projects Ltd (TPL) and Associate Power Structures Pvt. Ltd (APSPL). This partnership will implement OEM & EPC solutions in Read more

TBCB

TBCB-based Green Energy Corridor projects taking off

Power transmission projects, structured on the tariff-based competitive bidding (TBCB) mechanism and associated with large-scale evacuation of renewable energy, are seen to be taking off, after a sustained period of lull, recent developments suggest. Sterlite Power recently won its Read more

PGCIL

Mega transmission projects see slowdown in FY19

Large power transmission projects being developed under the tariff-based competitive bidding (TBCB) route appear to be progressing very slowly. During FY19, not a single new project was awarded. This inference is based on an analysis done by T&D Read more

TBCB

Consolidation phase for private power transmission

Independent power transmission line concessions, both at the regional and state level, are witnessing a phase of consolidation, notes Venugopal Pillai, in this special study. Recent media reports suggest that Mumbai-headquartered Kalpataru Power Transmission Ltd, a leading EPC contractor Read more

TBCB

TBCB route proposed for major transmission scheme in Gujarat

The National Committee on Transmission (NCT), in a recent meeting, has recommended the tariff-based competitive bidding (TBCB) route for a major transmission project in Gujarat. The transmission scheme, officially known as “Western Region System Strengthening Scheme – 21 (Part Read more

PGCIL TBCB

PGCIL commissions Jabalpur TBCB project

Powergrid Jabalpur Transmission Ltd, a wholly-owned subsidiary of Power Grid Corporation of India Limited, has successfully commissioned the Vindhyachal Pooling Station-Jabalpur Pooling Station 765kV double-circuit transmission line. The project, secured through Tariff Based Competitive Bidding (TBCB), is part of Read more

Obra

Adani acquires Obra-C transmission SPV

Adani Power Transmission Ltd has acquired 100 per cent equity capital of Obra-C Badaun Transmission Ltd from bid process coordinator PFC Consulting Ltd. OCBTL was incorporated on August 9, 2018 by PFCCL to build, own, operate and maintain the Read more