interstate TBCB

Three ISTS-TBCB schemes commissioned in Q1FY26

Three interstate transmission system (ISTS) schemes awarded under the tariff-based competitive bidding (TBCB) framework were fully commissioned in the first quarter (Q1: April to June) of current fiscal year FY26. While Power Grid Corporation of India Read more

ISTS-TBCB market takes a breather, only two schemes formally awarded in Q1FY26

After a hectic FY25 when a record 45 schemes were formally awarded, the ISTS-TBCB market has taken a breather this fiscal with just two schemes transferred to winning developers in the first quarter. According to an exclusive study by Read more

RECPDCL expected to soon finalize developer for three ISTS-TBCB schemes

Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) is expected to select the winning bidder for three ISTS-TBCB schemes in the coming weeks. The bid submission dates for all these three schemes have been Read more

HVDC chosen over BESS for Rajasthan RE evacuation scheme

In its latest meeting, National Committee on Transmission (NCT) decided to in for HVDC technology for a major renewable energy evacuation scheme in Rajasthan for which battery energy storage system (BESS) was being evaluated as Read more

CERC grants interim licence to Khavda V-B1B2 Power Transmission

Central Electricity Regulatory Commission (CERC) has granted interim transmission licence to “Khavda V-B1B2 Power Transmission Ltd,” a TBCB subsidiary of Power Grid Corporation of India Ltd (PGCIL). In a very recent order, CERC has granted interim transmission licence to Read more

Bidding underway for interregional schemes in TBCB mode

The bidder selection process for two important interregional transmission schemes is currently underway. Bid process coordinators REC Power Development & Consultancy Ltd (RECPDCL) and PFC Consulting Ltd (PFCCL) have recently initiated the bidder selection process for Read more

PGCIL likely to commission five ISTS-TBCB schemes soon

Power Grid Corporation of India Ltd (PGCIL) is expected to soon commission as many as five interstate transmission system (ISTS) schemes that it was awarded under the tariff-based competitive bidding (TBCB) route. According to a special Read more

RECPDCL incorporates SPV for Rajgarh-Neemuch ISTS scheme in Madhya Pradesh

REC Power Development & Consultancy Ltd (RECPDCL) has incorporated a wholly-owned subsidiary that will act as a project special purpose vehicle (SPV) for development of an interstate transmission system (ISTS) scheme in Read more

H.G. Infra Engineering emerges L1 for ERGS-I scheme in Odisha

Jaipur-headquartered H.G. Infra Engineering Ltd (HGIEL) has emerged L1 bidder for the interstate transmission system (ISTS) project “Eastern Region Generation Scheme – I (ERGS-I)” in Odisha. This potentially makes HGIEL the latest debutant in the interstate transmission development space. In Read more

Three contenders qualify in re-bidding of “ERGS-I” ISTS scheme in Odisha

Bid process coordinator PFC Consulting Ltd (PFCCL) has qualified three bidders for opening of initial price bids under the fresh round of bidding for the “Eastern Region Generation Scheme-I (ERGS-I)” scheme in Odisha. It is reliably learnt that a Read more