PGCIL acquires Bellary Davanagere Transmission Ltd, its seventh interstate project SPV this fiscal

Power Grid Corporation of India Ltd (PGCIL) has acquired “Bellary Davanagere Transmission Ltd” from bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL). This is PGCIL’s seventh formal acquisition of a project SPV corresponding to an interstate Read more

PGCIL named winner of Bellary-Davanagere interstate scheme under TBCB

Power Grid Corporation of India Ltd (PGCIL) has won the Bellary-Davanagere interstate transmission system (ISTS) scheme in Karnataka, under the tariff-based competitive bidding (TBCB) mechanism. In a brief stock exchange filing, PGCIL said that on January 8, 2026, it Read more

MP Substation | T&D India

Four contenders qualify for Davanagere-Bellary interstate scheme in Karnataka

Four developers – three seasoned and a new entrant – have qualified for opening of initial price bids with respect to an interstate transmission system (ISTS) scheme aiming to integrate renewable energy potential at Davanagere Read more

Transmission systems for additional RE potential in Karnataka proposed

Two major interstate transmission system (ISTS) schemes for integrating additional RE potential in Karnataka have been proposed for development under the TBCB framework. The two schemes are envisaged to cost over Rs.2,100 crore and would help Read more

CERC adopts tariff of Chitradurga-Bellary ISTS scheme

Central Electricity Regulatory Commission (CERC) has adopted the annual transmission charge (tariff) associated with the Chitradurga-Bellary REZ interstate transmission system (ISTS) scheme in Karnataka. The scheme is officially referred to as “Transmission scheme for integration of Read more

Transformation capacity at Davanagere PS to be augmented under TBCB

An interstate transmission system (ISTS) scheme to augment transformation capacity at the upcoming Davanagere Pooling Station (PS) in Karnataka will be taken up under the tariff-based competitive bidding (TBCB) route. This scheme, estimated to cost Rs.379 Read more

JSW formalizes JV with JFE for grain-oriented electrical steel

    JSW Steel has formed an equal joint venture with JFE of Japan for manufacturing electrical steel in India. In a media release, JSW Steel Ltd said that the new joint venture to be named “JSW JFE Electricals Steel Pvt Read more