RECPDCL transfers Luhri transmission scheme SPV to EnerGrid

Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has formally transferred the project SPV of the Luhri interstate scheme to Terralight Solar Energy Tinwari Pvt Ltd, a subsidiary of EnerGrid. Terralight Solar emerged winner of the Luhri Read more

EnerGrid plans Rs.5,800 crore capex on Q1FY27 ISTS-TBCB wins

EnerGrid, an investment platform co-promoted by IndiGrid Infrastructure Trust (IndiGrid), expects capital expenditure of around Rs.5,800 crore in developing two interstate transmission system (ISTS) schemes that it won under the tariff-based competitive bidding (TBCB) mechanism Read more

Five in the fray for Barmer HVDC interstate-TBCB scheme

Five developers have qualified for opening of initial price bids for the mega Barmer HVDC scheme, under the tariff-based competitive bidding mechanism. Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) recently qualified five bidders, Read more

PGCIL, EnerGrid formally acquire project SPVs of ISTS-TBCB schemes

Power Grid Corporation of India Ltd (PGCIL) and EnerGrid, on July 29, 2026, formally acquired project SPVs of ISTS schemes that the two developers had won under the tariff-based competitive bidding (TBCB) mechanism. These SPVs were incorporated as wholly-owned Read more

IndiGrid fully commissions Gujarat BESS project

In early May 2026, IndiGrid fully commissioned GBPL – its landmark 180 MW / 360 MWh battery energy storage project in Gujarat. As one of India’s largest standalone utility-scale BESS projects at a single location, GBPL (Gujarat BESS Pvt Read more

IndiGrid’s growth strategy is aligned with India’s energy transition

IndiGrid Infrastructure Trust (IndiGrid), India’s first power sector investment infrastructure trust (InvIT), has recently witnessed very significant developments such as its entry in the battery energy storage system (BESS) space, and the launch of Energrid – a co-promoted Read more

IndiGrid plans capex of nearly Rs.7,500 crore across power transmission and BESS

IndiGrid Infrastructure Trust (IndiGrid) has planned capital expenditure of nearly Rs.7,500 crore across its power transmission and BESS projects, including those of EnerGrid. In a release, IndiGrid said that the combined under-construction portfolio capex across IndiGrid and  EnerGrid stands Read more

EnerGrid acquires “Morena I SEZ Transmission”, its first TBCB power transmission project

EnerGrid, a new platform co-promoted by IndiGrid, has formally acquired its first power transmission project – an interstate transmission system (ISTS) scheme won under the tariff-based competitive bidding (TBCB) mechanism. On February 3, 2026, EnerGrid, through its wholly-owned subsidiary Read more

EnergGrid to start bidding for greenfield projects by end of FY25

EnerGrid, a new platform co-promoted by IndiGrid, will start bidding for greenfield projects by the end of FY25. In a release, IndiGrid said that EnerGrid is expected to start bidding for greenfield transmission and battery energy storage projects by Read more

IndiGrid co-partners “EnerGrid” platform for greenfield transmission and BESS projects

IndiGrid announced that it has deepened its partnership with British International Investment (BII) and the Norwegian Climate Investment Fund to form a new platform, EnerGrid. This platform will focus on bidding and developing greenfield transmission and standalone battery energy Read more