Posts by Venugopal Pillai

PGCIL set to expand its intrastate-TBCB footprint to Karnataka

Power Grid Corporation of India Ltd (PGCIL) is set to expand its intrastate-TBCB footprint to Karnataka. PGCIL has recently been named L1 bidder to develop the Humnabad intrastate scheme under the tariff-based competitive bidding (TBCB) mechanism. Confirming the development to Read more

PGCIL records 11 per cent capex growth in Q1FY27, capitalization trebles

Power Grid Corporation of India Ltd (PGCIL) has recorded a 11 per cent year-on-year growth in capital expenditure (capex) during the first quarter (Q1: April to June) of FY27. According to an investor Read more

Flash News: AnantGrid likely to clinch Lakadia-A ISTS-TBCB scheme

New entrant AnantGrid has emerged as a strong contender for the ISTS-TBCB scheme housed under “Lakadia A Power Transmission Ltd.” According to a very reliable source, Anantgrid Projects One Pvt Ltd has emerged L1 in the recently-concluded e-reverse auction, Read more

Transrail Lighting closes Q1FY27 with Rs.16,000 crore-plus order book

Transrail Lighting Ltd closed Q1FY27 with an unexecuted order book of Rs.16,035 crore, as of June 30, 2026, inclusive of L1 positions of around Rs.400 crore. In the first quarter of FY27 (Q1: April to June), Transrail witnessed new Read more

One new entrant among six qualified for Lakadia-A interstate-TBCB scheme

Bid process coordinator PFC Consulting Ltd (PFCCL) has qualified six bidders, including a new entrant, for opening of initial price bids for the Lakadia-A ISTS-TBCB scheme taking shape in Gujarat. The scheme is referred to as Read more

Major interstate scheme planned in Madhya Pradesh for thermal and RE evacuation

A major interstate transmission system (ISTS) scheme has been proposed in Madhya Pradesh, which will address evacuation of both thermal power and renewable energy. The scheme, termed as “Common transmission system augmentation for evacuation of power from 2x800-MW Gadarwara-II Read more

Krishnagiri becomes PGCIL’s highest-tariff ISTS-TBCB scheme, only after Khavda HVDC

The newly-acquired “Krishnagiri REZ Transmission Ltd” by Power Grid Corporation of India Ltd (PGCIL) has become the highest-tariff ISTS-TBCB scheme in PGCIL’s history, only after the mega Khavda HVDC scheme acquired in 2024. On August 3, Read more

New pooling station planned at Kadapa, Andhra Pradesh, under ISTS-TBCB scheme

A new ISTS-TBCB scheme envisaging a new pooling station at Kadapa in Andhra Pradesh has been approved for implementation. In its most recent meeting, National Committee on Transmission (NCT) approved an interstate transmission system (ISTS) scheme Read more

Tata Power acquires project SPV for Ryapte intrastate-TBCB scheme in Karnataka

Tata Power formally acquired “Ryapte Power Transmission Ltd” from bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) on July 30, 2026. Tata Power had emerged as the winning bidder for the intrastate transmission system Read more

PGCIL accounts for over half of transmission line addition in Q1FY27

Power Grid Corporation of India Ltd (PGCIL) accounted for over half of the total transmission line network commissioned in the first quarter (Q1: April to June) of FY27, official statistics suggest. According to latest statistics released by Central Electricity Read more