Two ISTS-TBCB schemes in Gujarat facing “single-bidder” status now proposed under RTM

Stuck with “single-bidder” status despite extension in bidding timelines, two ISTS-TBCB schemes will now come up under the regulated tariff mechanism (RTM) mode. In its latest meeting, National Committee on Transmission (NCT) proposed the deployment of RTM framework for Read more

Transformers & Rectifiers (India) launches high-voltage bushings

Transformers & Rectifiers (India) Ltd has announced that it has begun manufacturing of high voltage transformer bushings. In a regulatory filing, TARIL said that it has launched 245kV high-voltage bushings, in line with its backward integration policy.   These bushings Read more

PGCIL acquires two more ISTS-TBCB schemes, takes FY25 tally to 20

Power Grid Corporation of India Ltd (PGCIL) has formally acquired two more project SPVs related to ISTS-TBCB schemes, taking its total tally in FY25 so far to twenty. On February 18, 2025, bid process coordinator REC Power Development & Read more

Reliance Industries formally acquires its first ISTS project

Reliance Industries Ltd has formally acquired project SPV “Lakadia B Power Transmission Ltd,” marking the Mukesh Ambani firm’s entry in the power transmission development space. On February 14, 2025, bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) Read more

PGCIL committee approves Rs.429-crore capex in two projects

The “Committee of Directors on Investment on Projects” of Power Grid Corporation of India Ltd (PGCIL) has approved investment of Rs.429.16 crore on two projects, one of them directly related to evacuation infrastructure envisaged for wind energy farms Read more

Voltamp starts construction on new transformer factory in Gujarat

Voltamp Transformers Ltd has begun construction activity on its new transformer manufacturing facility in Gujarat. According a company release, all formalities relating to acquisition of land have been completed and construction of the factory building has commenced for the Read more

TARIL acquires controlling stake in Posco-Poggenamp Electrical Steel

Transformers & Rectifiers (India) Ltd has acquired controlling stake in Posco-Poggenamp Electrical Steel Pvt Ltd (PPESPL), marking an important step towards achieving complete backward integration. In a stock exchange communication, TARIL said that it has acquired 137.70 lakh Read more

Adani Energy Solutions to commission three transmission projects in Q4FY25

Adani Energy Solutions Ltd (AESL) is likely to fully commission three transmission projects during the fourth quarter (Q4: January to March) of FY25. In a media release, AESL said that it was on track to fully commission three transmission Read more

CERC adopts tariff for Navinal Transmission

Central Electricity Regulatory Commission (CERC) has adopted the transmission charges associated with the ISTS-TBCB scheme being developed by Navinal Transmission Ltd, a subsidiary of Adani Energy Solutions Ltd (AESL). In a recent order, CERC approved and adopted the single Read more

Bid submission date extended yet again for Khavda HVDC scheme

The last date for submission of bids for a major ISTS-TBCB scheme involving HVDC technology has been extended yet again. The bid submission date for the ISTS-TBCB scheme called “Transmission system for evacuation of power from Read more