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Apraava Energy is likely to win the Ananthapuram-III interstate transmission system (ISTS) scheme under the tariff-based competitive bidding (TBCB) route.
The first quarter (Q1: April to June) of FY27 saw six ISTS-TBCB schemes formally transferred to their winning developers. PGCIL led the market in terms of both number of schemes and tariff-based market share.