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Central Electricity Regulatory Commission (CERC) has granted interim transmission licence to “TP Paradeep Transmission Ltd,” a TBCB subsidiary of Tata Power. On the other hand, the process relating to the same matter of another Tata Power subsidiary “TP Gopalpur Transmission Ltd” is experiencing delay.
Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has newly incorporated a wholly-owned subsidiary to act as a project special purpose vehicle (SPV) for developing a 765kV AIS substation in Maharashtra, under the tariff-based competitive bidding (TBCB) mechanism.
Current fiscal year FY26 is likely to close with a significant deficit in addition of 765kV transmission lines.