InSTS-TBCB

PFC Consulting incorporates four SPVs for intrastate-TBCB schemes

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 in the race for Wahipora intrastate scheme in Jammu & Kashmir

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

One new entrant among six qualified for Ambernath intrastate scheme in Maharashtra

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 secures Hampapura intrastate transmission scheme in Karnataka under TBCB

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

KCC Buildcon becomes newest power transmission developer, acquires Wagdari intrastate scheme in Maharashtra under TBCB

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 adopts TBCB route for intrastate grid development

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 lands its single-largest power transmission EPC order

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

Two intrastate-TBCB schemes in Maharashtra transferred to winning developers

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 receives letter of intent for Mekhali intrastate-TBCB scheme in Karnataka

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

Bidders shortlisted for Jalna intrastate-TBCB scheme in Maharashtra

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