In a very significant development, all the five project SPVs corresponding to TBCB components of the mega 14-GW RE evacuation scheme in Gujarat were transferred to their respective winning developers on October 12, 2026.
Power Grid Corporation of India Ltd (PGCIL) in a brief regulatory filing said that it has fully commissioned an interstate transmission system (ISTS) scheme “Transmission scheme for solar energy zone in Bidar (2500 MW), Karnataka”, which was awarded under the tariff-based competitive bidding (TBCB) mechanism.
The 11th edition of IEEMA’s “Metering India” event brought together senior government officials, industry leaders, policymakers, technology providers and stakeholders from across the metering and electrical equipment ecosystem to discuss the growth of smart metering in India’s power sector.
Marsons Ltd and Cleanhill Partners, a New York-based private equity firm with a proven track record of scaling companies supporting the build-out of energy infrastructure, have announced their intent to form a joint venture to accelerate transformer distribution, service, and manufacturing operations across the United States and Canada.