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
Central Electricity Regulatory Commission (CERC) has granted final transmission licence to Davanagere Power Transmission Ltd, a TBCB subsidiary of Power Grid Corporation of India Ltd (PGCIL). The interstate transmission licence, unless revoked earlier, will remain in Read more
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
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
Four bidders have qualified for opening of initial price bids of an ISTS scheme in Karnataka, under the TBCB modality. Included in these is a Tamil Nadu-based new entrant. Bid process coordinator REC Power Development & Consultancy Ltd ( Read more
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