Four bidders have qualified for opening of initial price bids for what would be India’s third HVDC-based interstate transmission scheme to be awarded under the tariff-based competitive bidding (TBCB) framework. Bid process coordinator PFC Consulting Ltd ( Read more
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. In its latest meeting, held in mid-August 2025, National Committee on Transmission (NCT) Read more
A TBCB subsidiary of Adani Energy Solutions Ltd (AESL) has been named implementing agency for an ISTS scheme associated with the upcoming Navinal (GIS) substation in Gujarat. In its latest meeting, National Committee on Transmission (NCT) Read more
Power Grid Corporation of India Ltd (PGCIL) along with three biggest private sector developers are in the fray for an intrastate transmission system (InSTS) scheme taking shape in the Pune region of Maharashtra. It is reliably Read more
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. According to latest statistics released by Central Electricity Authority (CEA), Read more
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. While Power Grid Corporation of India Read more
Adani Energy Solutions Ltd (AESL) fully commissioned three transmission schemes during the first quarter (Q1: April to June) of FY26, and expects to complete four more by the close of the fiscal year. The three schemes commissioned included two Read more
Ongoing fiscal year FY26 appears to have got off to a good start as far as substation capacity addition goes. Latest official statistics indicate that during the first two months (April and May) of FY26, total substation (transformation) capacity Read more
This exclusive story takes a closer look at the bidding process of the Rajasthan HVDC project – the first ISTS-TBCB scheme involving HVDC infrastructure awarded to a private entity. On January 20, 2025, Adani Energy Solutions Ltd (AESL) formally Read more
Adani Energy Solutions Ltd (AESL) has won an interstate transmission system (ISTS) scheme in Maharashtra under the tariff-based competitive bidding (TBCB) mechanism. In a release, AESL said that the project scope involves setting up of 3,000 MVA of transformation Read more