consolidation

PGCIL completes first phase of consolidating TBCB subsidiaries

Power Grid Corporation of India Ltd (PGCIL) has completed the first phase of rationalization of its wholly-owned subsidiaries associated with transmission schemes awarded under tariff-based competitive bidding (TBCB) mode. Based on official information available, effective March 1, 2026, PGCIL Read more

PGCIL to merge 17 TBCB subsidiaries to improve administrative efficiency

With a view to reducing legal and regulatory compliance and bringing about administrative efficiency, Power Grid Corporation of India Ltd (PGCIL) has planned major restructuring of its TBCB subsidiaries. Accordingly, PGCIL will be merging/transferring a total of 17 ISTS-TBCB Read more