Tata Power is keen to explore opportunities in the intrastate transmission system (InSTS) space, under the tariff-based competitive bidding (TBCB) framework. In a recent media interaction, Dr. Praveer Sinha, CEO & MD, Tata Power, said that Read more
The pace of intrastate power transmission development in Maharashtra is seen picking up with four new schemes up for bidding, under the tariff-based competitive bidding (TBCB) framework. Bid process coordinator REC Power Development & Consultancy Ltd ( Read more
The number of technically-qualified bidders for the re-bid Ryapte intrastate scheme in Karnataka has dropped to three as against five in the original bidding round that was rescinded. Notably, PGCIL has refrained from bidding. It is reliably learnt that Read more
Bid process coordinator PFC Consulting Ltd has newly incorporated four wholly-owned subsidiaries that will act as special purpose vehicles (SPVs) for the development of as many intrastate transmission system (InSTS) schemes, the developer of which Read more
Only two entities are in the fray for the Wahipora intrastate transmission system (InSTS)-TBC scheme in the Union Territory of Jammu & Kashmir. It is reliably learnt that only Power Grid Corporation of India Ltd (PGCIL) Read more
Six developers, including a new entrant, have been qualified for opening of initial price bids for the Ambernath intrastate transmission scheme in Maharashtra. It is reliably learnt that bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has Read more
Resonia Ltd has received the letter of intent for developing the Hampapura intrastate transmission system (InSTS) scheme in Karnataka, under the tariff-based competitive bidding (TBCB) framework. According to a company release, bid process coordinator REC Power Development & Consultancy Read more
Gurugram-headquartered KCC Buildcon Pvt Ltd has become the latest entrant in the power transmission development space under the tariff-based competitive bidding (TBCB) framework, by acquiring the Wagdari intrastate scheme in Maharashtra. On March 27, 2026, bid process coordinator PFC Read more
Chhattisgarh has joined the growing list of states to adopt the tariff-based competitive bidding (TBCB) framework for development of intrastate transmission projects. It is reliably learnt that Chhattisgarh will soon be floating bids from potential developers Read more
Bajel Projects Ltd has been an awarded an EPC order, valued at over Rs.700 crore, making it the company’s single-largest order in the power transmission vertical. In a release, Bajel Projects said that the order was placed by state Read more