T&D News

Three contenders qualify in re-bidding of “ERGS-I” ISTS scheme in Odisha

Bid process coordinator PFC Consulting Ltd (PFCCL) has qualified three bidders for opening of initial price bids under the fresh round of bidding for the “Eastern Region Generation Scheme-I (ERGS-I)” scheme in Odisha.

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ISTS waiver for energy storage projects extended till June 2028

The Union power ministry has extended the waiver of ISTS charges for energy storage projects, to June 30, 2028.

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PGCIL to merge 17 TBCB subsidiaries to improve administrative efficiency

With a view to reducing legal and regulatory compliance and bringing about administrative efficiency, Power Grid Corporation of India Ltd (PGCIL) has planned major restructuring of its TBCB subsidiaries.

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PGCIL approves investment on new national network management system

The ‘Committee of Directors on Investment on Projects’ of Power Grid Corporation of India Ltd (PGCIL), in its meeting held on June 10, 2025, considered and approved the proposal for implementation of a national network management system.

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Power ministry launches Rs.5,400-crore VGF scheme for 30 GWh BESS capacity

The Union power ministry has announced a viability gap funding (VGF) scheme worth Rs.5,400 crore for supporting 30,000 MWh (or 30 GWh) of BESS capacity.

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RECPDCL to strike off project SPV of de-notified ISTS-TBCB scheme

Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has proposed to strike off a wholly-owned subsidiary that was incorporated to act as a project SPV of an ISTS-TBCB scheme that has since been de-notified.

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New entrant among those qualified for Raghanesda ISTS-TBCB scheme

Eight bidders, including a new entrant, have qualified for opening of initial price bids for an ISTS-TBCB scheme housed under “Raghanesda RE Transmission Ltd” and taking shape in Gujarat.

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IndiGrid signs agreement to acquire Koppal Narendra Transmission Ltd

IndiGrid Infrastructure Trust (IndiGrid) has signed definitive agreements to acquire Koppal Narendra Transmission Ltd, an operational ISTS transmission scheme, as well as a solar asset in Rajasthan.

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PGCIL acquires “MEL Power Transmission,” its first ISTS-TBCB win in FY26

Power Grid Corporation of India Ltd (PGCIL) has formally acquired project SPV “MEL Power Transmission Ltd” making it the Central PSU’s first ISTS-TBCB acquisition of the current fiscal year FY26.

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CERC adopts transmission tariff of Bidar Transco ISTS-TBCB scheme

Central Electricity Regulatory Commission (CERC) has adopted and approved the transmission charges (tariff) associated with an ISTS-TBCB scheme housed under “Bidar Transco Ltd,” a subsidiary of Power Grid Corporation of India Ltd (PGCIL).

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