Posts by Venugopal Pillai

Three intrastate-TBCB schemes in Maharashtra transferred to winning developers, big names score first wins

In a significant development for Maharashtra, the project SPVs of three intrastate-TBCB schemes were formally awarded to their respective winners. Big names in the interstate transmission domain marked their first intrastate wins in the western state. The project SPVs Read more

Winners declared for two more intrastate-TBCB schemes in Maharashtra

Winners of two intrastate transmission schemes in Maharashtra, under the tariff-based competitive bidding (TBCB) mechanism, have been announced. While Dilip Buildcon Ltd has notified stock exchanges that it has been declared L1 for the Yavatmal scheme, it is reliably Read more

First set of intrastate-TBCB schemes in Karnataka granted transmission licence

The very first set of intrastate schemes in Karnataka, awarded under the tariff-based competitive bidding (TBCB) route, have been granted transmission licence. In recent orders, Karnataka Electricity Regulatory Commission (KERC) granted transmission licence to two intrastate schemes – Mekhali Read more

Ashoka Buildcon acquires Sakoli intrastate-TBCB scheme in Maharashtra, enters development space

Ashoka Buildcon has formally acquired the project SPV associated with the Sakoli intrastate transmission system (InSTS) scheme in Maharashtra, which it won under the tariff-based competitive bidding (TBCB) route. The project SPV “Sakoli Power Transmission Ltd” was acquired from Read more

Flash News: Resonia close to winning Beed Parli intrastate-TBCB scheme in Maharashtra

Resonia Ltd is close to winning the intrastate-TBCB scheme in Maharashtra, having emerged as the L1 bidder. It is reliably learnt that Resonia Ltd has been named L1 bidder for an intrastate-TBCB scheme in Maharashtra, formally termed as ““Establishment Read more

PGCIL acquires project SPV of Barmer HVDC transmission scheme won under TBCB

Power Grid Corporation of India Ltd (PGCIL) has formally acquired the project SPV associated with the Barmer HVDC interstate transmission scheme that the Central PSU had won under the tariff-based competitive bidding (TBCB) mechanism. The formal transfer of the Read more

Eight in the race for 765kV Parli substation scheme in Maharashtra

As many as eight bidders are in the fray for building a 765kV substation at Parli in Beed district, under the tariff-based competitive bidding (TBCB) framework. Bid process coordinator REC Power Development & Consultancy Ltd ( Read more

Uttar Pradesh plans 33 substations in TBCB mode, STU releases five-year rolling plan

Uttar Pradesh has planned to develop 33 greenfield substations under the tariff-based competitive bidding (TBCB) framework, during the five-year period ending FY31. This plan covering substations of voltages 220kV or above is part of the “Five-Year STU Transmission Plan Read more

Dilip Buildcon set to enter power transmission development space in Maharashtra, emerges L1

Dilip Buildcon Ltd is set to enter the power transmission development space in Maharashtra, having emerged L1 bidder for an intrastate-TBCB scheme involving a 400kV GIS switching station. It is very reliably learnt that Dilip Buildcon Ltd (DBL) has Read more

Bidders shortlisted for two more intrastate schemes in Maharashtra

Bidders have been shortlisted for opening of initial price bids with respect to two more intrastate schemes in Maharashtra, under the tariff-based competitive bidding (TBCB) mechanism. Here are the broad details Scheme: Establishment of 400kV GIS Igatpuri / Murbad Switching Read more