interstate TBCB

PGCIL starts commercial operations on Raipur Pool Dhamtari TBCB project

Powergrid Raipur Pool Dhamtari Transmission Ltd, a TBCB subsidiary of Power Grid Corporation of India Ltd (PGCIL), has begun commercial operations from its interstate transmission system (ISTS) scheme in Chhattisgarh. In a stock exchange filing, PGCIL said that Powergrid Read more

PFCCL incorporates three project SPVs for ISTS-TBCB projects

Bid process coordinator PFC Consulting Ltd (PFCCL) has newly incorporated three wholly-owned subsidiaries that will act as project special purpose vehicles (SPV) for as many interstate transmission system (ISTS) schemes being developed under the tariff-based competitive bidding ( Read more

CERC grants interim transmission licence to Rajasthan IVB Power Transmission

Central Electricity Regulatory Commission (CERC) has granted interim transmission licence to Rajasthan IVB Power Transmission Ltd, a wholly-owned subsidiary of Dineshchandra R. Agrawal Infracon Pvt Ltd (DRAIPL). Rajasthan IVB Power Transmission Ltd is a project SPV that is developing Read more

Second phase of Ananthapuram REZ integration planned under TBCB mode

A new interstate transmission system (ISTS) scheme for integrating 3 GW from the Ananthapuram-II REZ in Andhra Pradesh has been proposed for development under the tariff-based competitive bidding (TBCB) mode. In a recent meeting, the National Read more

Nine ISTS-TBCB schemes fully commissioned in FY25

Latest official statistics suggest that nine interstate transmission system (ISTS) schemes, awarded under the tariff-based competitive bidding (TBCB) route, were fully commissioned during the fiscal year ending March 31, 2025. While Power Grid Corporation of India Ltd (PGCIL) accounted Read more

Transformation capacity at Davanagere PS to be augmented under TBCB

An interstate transmission system (ISTS) scheme to augment transformation capacity at the upcoming Davanagere Pooling Station (PS) in Karnataka will be taken up under the tariff-based competitive bidding (TBCB) route. This scheme, estimated to cost Rs.379 Read more

PGCIL emerges winner for Mahan ISTS project in Madhya Pradesh

Power Grid Corporation of India Ltd (PGCIL) has emerged as the successful bidder under the tariff-based competitive bidding (TBCB) framework to establish an interstate transmission system (ISTS) scheme in Madhya Pradesh. In a brief stock exchange Read more

Resonia wins Anantapur ISTS scheme in TBCB mode

Resonia (formerly Sterlite Power) has won an interstate transmission system (ISTS) scheme in Andhra Pradesh, under the tariff-based competitive bidding (TBCB) framework. Bid process coordinator PFC Consulting Ltd (PFCCL), on Read more

Second phase for evacuation from Kurnool REZ planned under TBCB

An interstate scheme for evacuation of a further 3 GW from the Kurnool renewable energy zone (REZ) in Andhra Pradesh has been planned under the tariff-based competitive bidding (TBCB) mechanism. The National Committee on Transmission (NCT), in its latest Read more

GIPCL KEC Pooling | T&D India

PGCIL acquires Kurnool-III PS ISTS scheme in Andhra Pradesh

Power Grid Corporation of India Ltd (PGCIL), on March 27, 2025, formally acquired the project SPV of an interstate transmission system (ISTS) scheme in Andhra Pradesh, from bid process coordinator PFC Consulting Ltd ( Read more