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Adani Energy Solutions Ltd (AESL) is set to win what is shaping up to be the first intrastate transmission system (InSTS) scheme in Bihar, awarded under the tariff-based competitive bidding (TBCB) mechanism.
Power Grid Corporation of India Ltd (PGCIL) has emerged as the undisputed leader in the ISTS-TBCB market during the first half (H1: April to September) of FY27, according to an exclusive study by tndindia.com.
A large number of ISTS schemes awarded under the TBCB route are expected to fully commission in the third quarter (Q3: October to December) of FY27, official statistics indicate.
Uttar Pradesh has planned to develop 33 greenfield substations under the tariff-based competitive bidding (TBCB) framework, during the five-year period ending FY31.