Tata Power has received the letter of intent for developing an interstate transmission system (ISTS) scheme – ERES XXXIX – in Odisha, under the tariff-based competitive bidding (TBCB) mode. For Tata Power, this would be the third greenfield ISTS-TBCB project.
Power Grid Corporation of India Ltd (PGCIL) has been issued the letters of intent for development of two interstate transmission system (ISTS) schemes associated with renewable energy evacuation from Rajasthan, under the tariff-based competitive bidding (TBCB) modality.