Power Grid Corporation of India Ltd (PGCIL) has formally acquired two more project SPVs related to ISTS-TBCB schemes, taking its total tally in FY25 so far to twenty.
Four bidders have technically qualified for submission of price bids for an intrastate transmission system (InSTS) scheme in Madhya Pradesh, being developed under the tariff-based competitive bidding (TBCB) mode.
A new entrant is seen emerging in the power transmission development space, as seen from the initial bidding results of an ISTS-TBCB scheme housed under “Banaskantha Transco Ltd.”
Power Grid Corporation of India Ltd (PGCIL) has been named as successful bidder under the tariff-based competitive bidding (TBCB) mechanism for two interstate transmission system (ISTS) schemes.
Sterlite Power has announced the successful commissioning of the 400kV double-circuit Nangalbibra – Bongaigaon transmission line, which is part of an interstate transmission system (ISTS) scheme.
Reliance Industries Ltd has formally acquired project SPV “Lakadia B Power Transmission Ltd,” marking the Mukesh Ambani firm’s entry in the power transmission development space.
Power Grid Corporation of India Ltd (PGCIL) has projected capital expenditure of Rs.23,000 crore in FY25, which would imply a growth of 84 per cent from the actual FY24 level of Rs.12,500 crore.