The newly-released Draft National Electricity Policy – 2026 has recommended pathbreaking measures that will hive off certain activities of state transmission companies (transcos) so that they function purely as transmission service providers (TSP). Here is an analysis.
It was indeed a momentous month for the ISTS-TBCB market with as many as seven schemes getting fully commissioned in December 2025 alone.
Haryana, the first state to have deployed the public private partnership (PPP) model in intrastate power transmission way back in 2010, is now adopting the tariff-based competitive bidding (TBCB) framework for expanding its intrastate grid.
The ISTS-TBCB market in the first nine months (9M: April to December) of FY26 saw 12 schemes being formally awarded to seven winning developers. Adani Energy Solutions Ltd (AESL) was a clear leader in terms of tariff-based market share.
The Union finance ministry recently announced the creation of a project pipeline of 46 power transmission schemes, to be developed in public-private partnership (PPP) mode.
The growth momentum seen in new substation capacity addition during the current fiscal year was sustained in November 2025.
Current fiscal year FY26 is likely to close with a significant deficit in addition of 765kV transmission lines.
The private sector is likely to commission a higher quantum of power transmission infrastructure in FY26 as compared with the actual achievement in FY25, a study by tndindia.com suggests.
It is now confirmed that the mega Ladakh renewable energy (RE) evacuation scheme will be implemented using EHVAC technology, instead of the earlier planned combination of HVDC and EHVAC. However, the final approval by National Committee on Transmission (NCT) will be accorded only after Ministry of New & Renewable Energy (MNRE) provides its technical inputs.
In a rare occurrence, no new interstate transmission system (ISTS) scheme under the tariff-based competitive bidding (TBCB) mechanism was cleared at the latest National Committee on Transmission (NCT).