2026

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 Read more

Shivalaya Construction acquires project SPV of ERES-47 interstate-TBCB scheme

Shivalaya Construction Ltd formally acquired “Nawada Durgapur Power Transmission Ltd” from bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) on October 16, 2026. The project SPV houses an interstate transmission system (ISTS) scheme termed as “Eastern Region Read more

PGCIL wins 765kV Pune-West intrastate-TBCB scheme in Maharashtra, receives letter of intent

Power Grid Corporation of India Ltd (PGCIL) has received the letter of intent for developing an intrastate-TBCB scheme in Maharashtra involving a greenfield 765kV GIS substation near Pune. In a stock exchange filing, PGCIL said that it has been Read more

PFC Consulting incorporates SPV for Kadapa REZ interstate-TBCB scheme

Bid process coordinator PFC Consulting Ltd (PFCCL) has newly incorporated a wholly-owned subsidiary “Kadapa II REZ Transmission Ltd” to house an ISTS scheme in southern India for which bidder selection is currently underway through the TBCB framework. The ISTS Read more

AI’s success will be judged on the ground, not by algorithms: Shripad Yesso Naik

The success of AI in the power sector will be measured by the improvement it delivers on the ground and not by the sophistication of its algorithm, according to Shripad Yesso Naik, Minister of State for Power and Read more

NTPC partners with Africa50 to jointly develop power projects across Africa

NTPC Ltd and Africa50, the specialist investor in African infrastructure, have signed a Cooperation Agreement to identify, assess and develop power-generation projects and cross-border electricity trading opportunities across Africa. In a release, NTPC said that this partnership will draw Read more

Ultra-high voltage 1,150kV interregional corridor, linking western and eastern grids, under discussion

A new ultra-high voltage alternating current (UHVAC) corridor, linking the western region (WR) and eastern region (ER) grids, is under discussion. It is reliably learnt that this proposed corridor was deliberated upon during a special joint CMETS meeting of Read more

Polycab India: Wire & Cable revenue up 44 per cent in H1FY27

Polycab India reported a strong 44 per cent year-on-year growth in H1FY27 revenues of its wire & cable (W&C) business division. In a release, Polycab said that its W&C business revenues grew 44 per cent year-on-year to Rs.15455.7 crore Read more

Bharat Heavy Electricals Ltd: Order book up 17 per cent

The outstanding order book of Bharat Heavy Electricals Ltd (BHEL), as of September 30, 2026, was up 17 per cent from its level a year ago. In an investor presentation filed on stock exchanges, BHEL said that its outstanding Read more

CEA releases “Manual on Transmission Planning Criteria – 2026,” includes UHVAC systems

With a view to including the planning and development of 1,150kV ultra-high voltage alternating current (UHVAC) power transmission systems, Central Electricity Authority (CEA) has newly released its "Manual on Transmission Planning Criteria, 2026”. The newly-released manual, which takes effect Read more