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

CERC grants transmission licence to PGCIL’s Davanagare ISTS scheme

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

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

GIPCL KEC Pooling | T&D India

Four qualify for Davanagere transmission scheme, TN-based firm is new aspirant

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

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