InSTS-TBCB

SPVs incorporated for power transmission schemes under TBCB

Three special purpose vehicles have newly been incorporated for housing power transmission schemes that will be bid out under the tariff-based competitive bidding (TBCB) mechanism. While two SPVs – one each for an interstate and intrastate scheme – have Read more

Mahan Sipat | T&D India

Maharashtra lines up more intrastate schemes under TBCB

At least three more intrastate transmission system (InSTS) schemes are being planned in Maharashtra, under the tariff-based competitive bidding (TBCB) framework. It is reliably learnt that these schemes will soon come up for bidder selection with PFC Consulting Ltd Read more

Bidding initiated for two new intrastate schemes in Karnataka

The bidding process for developer selection has newly begun for two new intrastate transmission system (InSTS) schemes in Karnataka, under the tariff-based competitive bidding (TBCB) mechanism. Bid process coordinator REC Power Development & Consultancy Ltd ( Read more

Four in race for Jejuri-Hinjewadi intrastate scheme in Maharashtra

Power Grid Corporation of India Ltd (PGCIL) along with three biggest private sector developers are in the fray for an intrastate transmission system (InSTS) scheme taking shape in the Pune region of Maharashtra. It is reliably Read more

Seven qualify for Velgaon intrastate transmission scheme in Maharashtra

Seven entities have qualified for opening of price bids for an intrastate transmission system (InSTS) scheme in Maharashtra, housed under “Velgaon Power Transmission Ltd.” The scheme is being developed under the tariff-based competitive bidding (TBCB) mechanism with REC Power Read more

RECPDCL forms two SPVs for intrastate schemes in Maharashtra

REC Power Development & Consultancy Ltd (RECPDCL) has newly incorporated two wholly-owned subsidiaries that will act as project special purpose vehicles for as many intrastate schemes in Maharashtra. The two entities, incorporated on July 7, 2025, are Umred Power Read more

RECPDCL incorporates SPV for intrastate scheme in Maharashtra

Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has incorporated a wholly-owned subsidiary that will act as a project special purpose vehicle (SPV) for an intrastate transmission system (InSTS) scheme in Maharashtra. A brief Read more

Linxon Gaya AIS LR | T&D India

PFC Consulting incorporates SPV for intrastate scheme in Maharashtra

Bid process coordinator PFC Consulting Ltd (PFCCL) has incorporated a wholly-owned subsidiary that will act as a special purpose vehicle to develop an intrastate scheme in Maharashtra, under the TBCB framework. In a stock exchange filing, Read more

Joda-Barbil intrastate scheme in Odisha: Bidding annulled for the second time

Bid process coordinator PFC Consulting Ltd (PFCCL) has annulled the bidding process for the Joda-Barbil intrastate transmission system (InSTS) scheme in Odisha. This is for the second time that bidding for this scheme has been Read more

Karnataka plans more intrastate schemes in TBCB mode

Karnataka, which recently heralded the TBCB modality for its intrastate grid development, has planned more schemes under the same framework. It is learnt that Karnataka now a total of four intrastate transmission system (InSTS) schemes that will be awarded Read more