India’s transmission line addition during the first five months (April to August) of FY26 met over 90 per cent of the target set for the period.
The bidding pipeline of the ISTS-TBCB development space is set to get a major boost with mega schemes worth Rs.29,000 crore newly cleared.
There has been significant downward revision in the targets for transmission line and substation capacity addition during FY26.
A total sum of over Rs.30,000 crore has so far been released as Central grant under the Revamped Distribution Sector Scheme (RDSS), it was informed in Parliament recently.
The quantum of new substation capacity added during Q1 (April to June) of FY26 was more than twice the comparable level in FY25, official statistics suggest.
The quantum of transmission line addition in the first quarter (Q1: April to June) of current year FY26 was less than 20 per cent of the planned addition.
Three interstate transmission system (ISTS) schemes awarded under the tariff-based competitive bidding (TBCB) framework were fully commissioned in the first quarter (Q1: April to June) of current fiscal year FY26.
Here is an exclusive T&D India study attempting to understand the impact of e-reverse auction on tariffs as evinced in a sample of 25 recent interstate transmission system (ISTS) schemes.
After a hectic FY25 when a record 45 schemes were formally awarded, the ISTS-TBCB market has taken a breather this fiscal with just two schemes transferred to winning developers in the first quarter.
Power Grid Corporation of India Ltd (PGCIL) is expected to soon commission as many as five interstate transmission system (ISTS) schemes that it was awarded under the tariff-based competitive bidding (TBCB) route.