Posts by Venugopal Pillai

Karnataka readies to award its second intrastate scheme under TBCB

Karnataka is close to awarding its second intrastate scheme under the tariff-based competitive bidding (TBCB) framework. It is reliably learnt that bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has shortlisted five bidders for opening of initial Read more

PGCIL commissions Bhadla-Sikar interstate-TBCB scheme in Rajasthan

Power Grid Corporation of India Ltd (PGCIL) has announced the successful commissioning of an interstate transmission system (ISTS) scheme in Rajasthan, developed by its TBCB subsidiary “Powergrid Bhadla Sikar Transmission Ltd.” In a brief stock exchange filing, PGCIL said Read more

Financial turnaround of discoms: After years of losses, profit recorded in FY25

The country's power distribution utilities (discoms) and power departments have collectively recorded a positive profit after tax of Rs.2,701 crore in year FY25, a government release said. The release pointed out that discoms (including power departments) as a whole Read more

Memorable month for ISTS-TBCB landscape; seven schemes fully commissioned in December 2025

It was indeed a momentous month for the ISTS-TBCB market with as many as seven schemes getting fully commissioned in December 2025 alone. Going by freshly released statistics by Central Electricity Authority (CEA), seven interstate transmission Read more

MP Substation | T&D India

Bidding initiated for RE evacuation scheme in Andhra Pradesh

Bid process coordinator PFC Consulting Ltd (PFCCL) has newly begun the bidder selection process for an interstate transmission system (ISTS) scheme involving renewable energy evacuation in Andhra Pradesh. The last date for submission of response to Read more

MPPTCL

State transco, five others, qualify for Wagdari substation TBCB scheme in Maharashtra

Maharashtra State Electricity Transmission Company Ltd (MSETCL) is among six bidders that have qualified for opening of initial price bids of the Wagdari substation intrastate-TBCB scheme in Maharashtra. MSETCL is aspiring for the project alongside longstanding players like Power Read more

ISTS-TBCB market in 9MFY26: 12 schemes, 7 winners, Adani Energy enjoys highest market share

The ISTS-TBCB market in the first nine months (9M: April to December) of FY26 saw 12 schemes being formally awarded to seven winning developers. Adani Energy Solutions Ltd (AESL) was a clear leader in terms Read more

Finance ministry creates shelf of 44 power transmission schemes, for development in PPP mode

The Union finance ministry recently announced the creation of a project pipeline of 46 power transmission schemes, to be developed in public-private partnership (PPP) mode. This pipeline is part of a larger set of 852 PPP projects across Central Read more

CERC grants interim transmission licence to Ananthapuram II interstate scheme

Central Electricity Regulatory Commission (CERC) has granted interim transmission licence to “Ananthapuram II Power Transmission Ltd,” (AIIRL) a wholly-owned subsidiary of Shivalaya Construction Ltd. In its order dated December 31, 2025, CERC said that the petitioner AIIRL is expected Read more

Rajasthan aims higher, plans 765kV substations under TBCB framework

Rajasthan has taken the tariff-based competitive bidding (TBCB) modality to the next level, as it now plans to build at least three 765kV substations under this framework. The northern state has been quite successful in deploying Read more