Posts by Venugopal Pillai

Major STATCOM project in Northern Region Grid recommended under TBCB

A major project for providing static/dynamic compensation to key substations in the Northern Region (NR) grid has been recommended for implementation under the tariff-based competitive bidding (TBCB) framework. In its latest meeting, National Committee on Transmission (NCT) approved an Read more

Tata Power: Under-construction transmission portfolio crosses 2,000 ckm

The under-construction power transmission portfolio of Tata Power surpassed 2,000 ckm, as of June 30, 2026. The milestone was crossed with the Ryapte intrastate-TBCB scheme in Karnataka for which Tata Power received the letter of intent in the first Read more

Three ISTS-TBCB schemes fully commissioned in Q1FY27

A total of three ISTS-TBCB schemes were fully commissioned in the first quarter (Q1: April to June) of FY27, with the entire achievement concentrated in the single month of June 2026. According to latest statistics released Read more

Kandla green hydrogen scheme to be de-notified, comprehensive review suggested

The National Committee on Transmission (NCT), in its latest meeting earlier this month, has proposed to de-notify the ISTS-TBCB scheme aimed at supplying RE power to upcoming green hydrogen/green ammonia units in the Kandla region Read more

Three in the fray for Luhri hydropower evacuation scheme

Three contenders have qualified for opening of initial price bids for the Luhri interstate-TBCB scheme concerning hydropower evacuation in Himachal Pradesh. The three bidders shortlisted by bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) based on technical Read more

Merger of TBCB subsidiaries: PGCIL progresses with second phase

Power Grid Corporation of India Ltd (PGCIL) is progressing with the second phase of restructuring its wholly-owned TBCB subsidiaries. PGCIL has filed two petitions in this regard with Central Electricity Regulatory Commission (CERC) and the same Read more

Madhya Pradesh to strengthen Kukshi-Alirajpur grid through TBCB project

Madhya Pradesh has planned to strengthen the power grid of the Kukshi-Alirajpur area through an intrastate transmission system (InSTS) scheme to be developed under the tariff-based competitive bidding (TBCB) framework. To this effect, the Madhya Pradesh government has appointed Read more

PGCIL wins India’s first pure SynCon project under TBCB

Power Grid Corporation of India Ltd (PGCIL) has won India’s first ISTS-TBCB scheme purely dedicated to installation of synchronous condensers (SynCon). In a brief regulatory filing, PGCIL said that it has been selected as the winning developer for the Read more

PFC Consulting incorporates SPV for under-bidding Satara interstate scheme

Bid process coordinator PFC Consulting Ltd (PFCCL) has newly incorporated a wholly-owned subsidiary for development of the Satara interstate-TBCB scheme, currently under bidding. In a stock exchange filing by Power Finance Corporation Ltd (PFC), the holding Read more

Four in the fray for India’s first SynCon scheme under TBCB

Four bidders have qualified for opening of initial price bids for developing India’s first TBCB scheme purely dedicated to installation of synchronous condensers (SynCon). Bid process coordinator PFC Consulting Ltd (PFCCL) has shortlisted the following four Read more