A total of three ISTS-TBCB schemes were fully commissioned in the first quarter (Q1: April to June) of FY27, with the entire achievement concentrated in the single month of June 2026.
Madhya Pradesh has planned to strengthen the power grid of the Kukshi-Alirajpur area through an intrastate transmission system (InSTS) scheme to be developed under the tariff-based competitive bidding (TBCB) framework.
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.
During the first two months of the ongoing fiscal year FY27 (2M: April to May), over 18 GVA of new transformation capacity was commissioned, latest statistics by Central Electricity Authority (CEA) suggest.
Over 2,000 ckm of new transmission lines were commissioned during the first two months (2M: April-May) of FY27, with state utilities clearly dominating.
A very healthy growth of over 35 per cent is expected in transmission infrastructure addition during the current fiscal year FY27. The 765kV voltage class is expected to have a much higher share than 400kV and 220kV.
Fiscal year FY26, which ended on March 31, 2026, proved very eventful for the ISTS-TBCB landscape with as many as 17 such schemes achieving full commissioning.
Power Grid Corporation of India Ltd (PGCIL) has been a very big contributor to all-India new transformation capacity addition during FY26, government statistics suggest.
Over 6,000 ckm of new transmission lines (of 220kV or above) were added on the interstate transmission system (ISTS) network during FY26 with contribution from tariff-based competitive bidding (TBCB) projects clearly dominating.
An exclusive study by tndindia.com suggests that 16 interstate transmission system schemes were awarded under the tariff-based competitive bidding mechanism in FY26. This ISTS-TBCB market was led by Adani Energy Solutions Ltd in terms of tariff-based share while PGCIL held leadership position with respect to number of schemes won.