Eight contenders are in the race for the Sakoli intrastate scheme in Maharashtra under the tariff-based competitive bidding (TBCB) model. It is reliably learnt that bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has prequalified eight entities, Read more
Bid process coordinator PFC Consulting Ltd (PFCCL) has recently shortlisted bidders, based on their technical bids, for opening of initial price bids with respect to two intrastate-TBCB schemes in Karnataka. The collective list includes three Read more
Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has formally transferred the project SPV housing the Jalna intrastate transmission system (InSTS) scheme in Maharashtra to winning developer Maharashtra State Electricity Transmission Company Ltd (MSETCL). In a release, Read more
Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has formally transferred the project special purpose vehicles (SPVs) of two intrastate transmission system (InSTS) schemes to their respective winning developers. Both the InSTS schemes are Read more
HG Infra Engineering Ltd has been declared as the winning bidder for an intrastate transmission system (InSTS) project, under the tariff-based competitive bidding (TBCB) mechanism. In a stock exchange communication, H.G. Infra Engineering Ltd (HGIEL) said Read more
REC Power Development & Consultancy Ltd (RECPDCL) and Bihar State Power Transmission Company Ltd (BSPTCL) recently signed a memorandum of understanding (MoU) to develop intrastate transmission projects through the tariff-based competitive bidding (TBCB) mode. In a release, RECPDCL said Read more
Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has rescinded the developer selection process for the Ambernath intrastate-TBCB scheme in Maharashtra. As reported by tndindia.com on April 4, 2026, Read more
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