T&D News

SPV incorporated for green hydrogen interstate scheme in Andhra Pradesh

Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has newly incorporated a wholly-owned subsidiary that will act as a special purpose vehicle for an ISTS scheme involving supply of RE power to upcoming green hydrogen plants in Visakhapatnam in Andhra Pradesh.

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Two-way contest for Musalgaon intrastate TBCB scheme in Maharashtra

MP Substation | T&D India

Bidding for the the Musalgaon intrastate scheme in Maharashtra has turned into a two-way contest between the state transco and a private developer.

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Transmission line addition shoots up in January 2026, best performance in recent history

The quantum of transmission line addition in January 2026 shot up to over 2,300 ckm, making it the best monthly performance in the past 21 months.

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Transmission system for 14 GW RE evacuation from Gujarat approved, five ISTS schemes to be developed under TBCB

A cluster of five interstate schemes together aiming to evacuate a massive 14 GW of power from RE-rich zones in Gujarat, has been approved for development under the tariff-based competitive bidding (TBCB) framework.

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Siemens Energy India to invest over Rs.2,000 crore in new transformer facility

Siemens Energy India Ltd has announced an investment of over Rs.2,000 crore in a new transformer manufacturing facility.

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PGCIL acquires Bellary Davanagere Transmission Ltd, its seventh interstate project SPV this fiscal

Power Grid Corporation of India Ltd (PGCIL) has acquired “Bellary Davanagere Transmission Ltd” from bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL). This is PGCIL’s seventh formal acquisition of a project SPV corresponding to an interstate transmission system (ISTS) scheme, awarded under the tariff-based competitive bidding (TBCB) route, in FY26 so far.

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CESC continues to record lower losses in power distribution business

CESC Ltd has maintained its trend of lower T&D losses in its power distribution business during the first nine months (9M: April to December) of FY26.

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IndiGrid plans capex of nearly Rs.7,500 crore across power transmission and BESS

IndiGrid Infrastructure Trust (IndiGrid) has planned capital expenditure of nearly Rs.7,500 crore across its power transmission and BESS projects, including those of EnerGrid.

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Montecarlo wins LoI for intrastate scheme in Maharashtra, debuts in TBCB space

Ahmedabad-headquartered infrastructure development company Montecarlo Ltd has received the letter of intent for an intrastate-TBCB scheme in Maharashtra, marking the company’s debut in the power transmission development space.

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Genus Power sees accelerated smart metering project execution in Q3FY26

Genus Power Infrastructures Ltd witnessed accelerated execution of its smart metering projects under the Revamped Distribution Sector Scheme (RDSS), during the third quarter (Q3: October to December) of FY26.

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