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Four bidders have qualified for opening of initial price bids of an ISTS scheme in Karnataka, under the TBCB modality. Included in these is a Tamil Nadu-based new entrant.
Fiscal year FY25 that ended on March 31, 2025, saw hectic activity in the ISTS-TBCB space with as many as 45 schemes getting formally transferred to their winning developers.
Bharat Heavy Electricals Ltd (BHEL) has received an order valued at over Rs.5,500 crore for setting up a ultra-supercritical power unit in Haryana.