InSTS-TBCB

Montecarlo receives LoI for Latur intrastate scheme in Maharashtra, its second TBCB win

Montecarlo Energy Ltd has recently received the letter of intent for the Latur intrastate-TBCB scheme in Maharashtra, making it the Gujarat-based company’s second TBCB win. Montecarlo Energy Ltd, a subsidiary of Ahmedabad-headquartered Montecarlo Ltd, received the LoI from bid Read more

Top three in the race for 765kV Pune-West intrastate-TBCB scheme in Maharashtra

The top three players are in the race for an intrastate-TBCB scheme in Maharashtra, entailing building of a 765kV GIS substation near Pune. It is learnt that bid process coordinator PFC Consulting Ltd has recently shortlisted the three most Read more

Dilip Buildcon to sell stake in under-construction power transmission asset

The board of directors of Dilip Buildcon Ltd has approved the proposal to divest the company’s stake in its under-construction power transmission and solar assets. In its meeting of August 10, 2026, the board approved sale of Mekhali Power Read more

Bihar adopts TBCB philosophy for intrastate grid development

Bihar has joined the growing list of states in adopting the tariff-based competitive bidding (TBCB) mechanism for development of its intrastate grid. Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) recently began the bidder selection process for Read more

PGCIL set to expand its intrastate-TBCB footprint to Karnataka

Power Grid Corporation of India Ltd (PGCIL) is set to expand its intrastate-TBCB footprint to Karnataka. PGCIL has recently been named L1 bidder to develop the Humnabad intrastate scheme under the tariff-based competitive bidding (TBCB) mechanism. Confirming the development to Read more

Tata Power acquires project SPV for Ryapte intrastate-TBCB scheme in Karnataka

Tata Power formally acquired “Ryapte Power Transmission Ltd” from bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) on July 30, 2026. Tata Power had emerged as the winning bidder for the intrastate transmission system Read more

Madhya Pradesh to strengthen Kukshi-Alirajpur grid through TBCB project

Madhya Pradesh has planned to strengthen the power grid of the Kukshi-Alirajpur area through an intrastate transmission system (InSTS) scheme to be developed under the tariff-based competitive bidding (TBCB) framework. To this effect, the Madhya Pradesh government has appointed Read more

Apraava Energy, DRAIPL eyeing intrastate transmission space

Established players in the interstate transmission system (ISTS) development space – Apraava Energy and Dineshchandra R. Agrawal Infracon Pvt Ltd (DRAIPL) — are now seen expressing interest in the intrastate counterpart. These two entities feature among the shortlisted bidders Read more

Tata Power enters Karnataka grid with Ryapte intrastate-TBCB scheme

Tata Power has received the formal letter of intent for developing the Ryapte intrastate scheme in Karnataka, for which the Tata Group entity had emerged as winning developer under the tariff-based competitive bidding (TBCB) mechanism.   With this, Tata Power Read more

Bidders shortlisted for Latur intrastate-TBCB scheme in Maharashtra

Bid process coordinator PFC Consulting Ltd (PFCCL) has shortlisted bidders for opening of initial price bids for an intrastate-TBCB scheme in Maharashtra, incorporated under “Latur REZ Transmission Ltd.”   The following seven bidders have been recently shortlisted, Read more