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.
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.
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.
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.
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.
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.
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).
This exclusive story takes a closer look at the bidding process of the Rajasthan HVDC project – the first ISTS-TBCB scheme involving HVDC infrastructure awarded to a private entity.