MCA Sanctions Major Corporate Restructuring at Power Grid: 28 Transmission SPVs Amalgamated into Two Entities

Adani Energy set to win Bihar’s first intrastate transmission scheme under TBCB

Adani Energy Solutions Ltd (AESL) is set to win what is shaping up to be the first intrastate transmission system (InSTS) scheme in Bihar, awarded under the tariff-based competitive bidding (TBCB) mechanism.

It is reliably learnt that the Adani Group entity has emerged L1 at the e-reverse auction (e-RA) routine recently held for the Pirpainti scheme.

The InSTS scheme, which is the first by Bihar under the TBCB regime, is officially termed as “Evacuation of power from 3×800-MW STPP Pirpainti” and is housed under project SPV “Vikramshila Power Transmission Ltd,” incorporated on August 24, 2026 as a wholly-owned subsidiary of bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL). Read more

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Short Stories | T&D India
Short Stories: 2026
  • Jan 1, 2026

Here is an ongoing summary of short news stories of 2026. These stories have not been covered elsewhere on this Read more