Bid process coordinator PFC Consulting Ltd (PFCCL), on March 12, 2026, formally transferred two intrastate transmission system (InSTS) schemes to their respective winners – Power Grid Corporation of India Ltd (PGCIL) and Montecarlo Ltd – Read more
Dilip Buildcon Ltd has received the letter of intent from bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) for an intrastate-TBCB scheme in Karnataka, housed under “Mekhali Power Transmission Ltd.” As reported Read more
Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has shortlisted six bidders, based on technical bids, for opening of initial price bids with respect to the Jalna intrastate-TBCB scheme in Maharashtra. Housed under “Jalna Read more
Ahmedabad-headquartered infrastructure development company Montecarlo Ltd has received the letter of intent for an intrastate-TBCB scheme in Maharashtra, marking the company’s debut in the power transmission development space. It is reliably learnt that Montecarlo received the letter of intent Read more
Power Grid Corporation of India Ltd (PGCIL) is set to enter the intrastate transmission system (InSTS) space in Maharashtra, under the TBCB route. The Central PSU has been named L1 bidder for a large scheme involving 765kV infrastructure. Addressing Read more
Karnataka’s third intrastate scheme under the tariff-based competitive bidding (TBCB) framework is likely to be awarded soon. Five bidders have qualified, based on technical bids, for opening of initial price bids of the intrastate scheme termed Read more
Karnataka is close to awarding its second intrastate scheme under the tariff-based competitive bidding (TBCB) framework. It is reliably learnt that bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has shortlisted five bidders for opening of initial Read more
Haryana, the first state to have deployed the public private partnership (PPP) model in intrastate power transmission way back in 2010, is now adopting the tariff-based competitive bidding (TBCB) framework for expanding its intrastate grid. In Read more
Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has formally transferred two project special purpose vehicles corresponding to as many intrastate transmission system (InSTS) schemes, to their respective winners, selected under the tariff-based competitive bidding (TBCB) Read more
Maharashtra State Electricity Transmission Company Ltd (MSETCL) is among six bidders that have qualified for opening of initial price bids of the Wagdari substation intrastate-TBCB scheme in Maharashtra. MSETCL is aspiring for the project alongside longstanding players like Power Read more