Posts by Venugopal Pillai

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

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

We see a strong and structurally-supported opportunity for the cables business: Havells India

Havells India is in the midst of significantly transforming its cable business through backward integration, capacity expansion and product diversification. At this interesting juncture, we have Manjit Singh Sethi, President & SBU Head – Cables Segment, Havells India Read more

All five project SPVs of Gujarat 14-GW RE scheme transferred to winning developers

In a very significant development, all the five project SPVs corresponding to TBCB components of the mega 14-GW RE evacuation scheme in Gujarat were transferred to their respective winning developers on October 12, 2026. While bid process coordinator PFC Read more

PGCIL commissions interstate RE evacuation scheme in Rajasthan

Power Grid Corporation of India Ltd (PGCIL) has announced that it has fully commissioned an ISTS-TBCB scheme “Transmission system for evacuation of power from REZ in Rajasthan (20 GW) under Phase-III, Part C1.” In a brief stock exchange filing, Read more

MERC grants transmission licence to Jalna intrastate-TBCB scheme in Maharashtra

In a very recent order, Maharashtra Electricity Regulatory Commission (MERC) granted transmission licence to “Jalna Power Transmission Ltd,” a TBCB subsidiary of state transco Maharashtra State Electricity Transmission Company Ltd (MSETCL). Jalna Power Transmission Ltd (JPTL) is developing an Read more

PGCIL commissions Bidar interstate solar energy evacuation scheme in Karnataka

Power Grid Corporation of India Ltd (PGCIL) in a brief regulatory filing said that it has fully commissioned an interstate transmission system (ISTS) scheme “Transmission scheme for solar energy zone in Bidar (2500 MW), Karnataka”, which was awarded Read more

ISTS-TBCB market in H1FY27: PGCIL emerges clear leader with 10 wins and 62 per cent tariff share

Power Grid Corporation of India Ltd (PGCIL) has emerged as the undisputed leader in the ISTS-TBCB market during the first half (H1: April to September) of FY27, according to an exclusive study by tndindia.com. During H1FY27, winners were announced Read more

Multitude of ISTS-TBCB schemes expected to fully commission in Q3FY27

A large number of ISTS schemes awarded under the TBCB route are expected to fully commission in the third quarter (Q3: October to December) of FY27, official statistics indicate. According to an analysis by tndindia.com based on statistics released Read more

CERC grants interim transmission licence to NERGS-III Siang Basin ISTS scheme

Central Electricity Regulatory Commission (CERC) has granted interim transmission licence to “NERGS III Siang Basin Transmission Ltd,” a TBCB subsidiary of Dineshchandra R. Agrawal Infracon Pvt Ltd (DRAIPL). In a very recent order, CERC granted interim transmission licence and Read more