A cluster of five interstate schemes together aiming to evacuate a massive 14 GW of power from RE-rich zones in Gujarat, has been approved for development under the tariff-based competitive bidding (TBCB) framework. In a recent meeting, National Committee Read more
Maharashtra has targeted to grow its intrastate grid by nearly 20,000 ckm between now and end of FY34, it was informed in Parliament. Replying to a question in the Lok Sabha, Shripad Naik, Minister of State for Power, said Read more
Ahmedabad-headquartered infrastructure development company Montecarlo Ltd has received the letter of intent for an intrastate-TBCB scheme in Maharashtra, marking the company’s debut in the power transmission development space. It is reliably learnt that Montecarlo received the letter of intent Read more
Bid process coordinator PFC Consulting Ltd (PFCCL) has newly initiated bidding for India’s first ISTS scheme under TBCB, involving installation of synchronous condensers (SynCon). As per current timelines, the last date for submitting technical and financial Read more
One component of the mega wind power evacuation scheme offshore Gujarat has been delinked into an independent scheme. The National Committee on Transmission (NCT) in its recent meeting has delinked one component called “Creation of 400kV Read more
Tata Power is in the midst of a very eventful phase with respect to its transmission business. The Tata Group power utility has recorded new project wins and successful completion of marquee projects, apart from significant progress on Read more
It has been a very exciting phase for GE Vernova Grid Solutions with respect to recent HVDC-centric developments in India. A big mandate for the KPS III HVDC project from Adani Energy as well as India’s first back-to-back Read more
EnerGrid, a new platform co-promoted by IndiGrid, has formally acquired its first power transmission project – an interstate transmission system (ISTS) scheme won under the tariff-based competitive bidding (TBCB) mechanism. On February 3, 2026, EnerGrid, through its wholly-owned subsidiary Read more
Power Grid Corporation of India Ltd (PGCIL) is set to enter the intrastate transmission system (InSTS) space in Maharashtra, under the TBCB route. The Central PSU has been named L1 bidder for a large scheme involving 765kV infrastructure. Addressing Read more
Power Grid Corporation of India Ltd (PGCIL) staged a smart recovery in its project capitalization during the third quarter (Q3: October to December) of FY26, even inspiring the Central PSU to upwardly revise its FY26 guidance by 10 Read more