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Powergrid Kurawar Transmission Ltd, a TBCB subsidiary of Power Grid Corporation of India Ltd (PGCIL), has very recently received transmission licence for an interstate scheme that will be developed under the regulated tariff mechanism (RTM) framework.
Power Grid Corporation of India Ltd (PGCIL) recently completed the formal acquisition of two project special purpose vehicles (SPV) corresponding to as many interstate transmission schemes that the Central PSU had won under the tariff-based competitive bidding (TBCB) mechanism.
India’s very first project for deploying of synchronous condenser (SynCon) units for implementation under the TBCB route was recently approved by NCT.
Winners were declared for a total of 12 interstate transmission system (ISTS) schemes under the tariff-based competitive bidding (TBCB) mechanism during the first half (H1: April to September) of the current fiscal year FY26, according to a special study by tndindia.com.