Bid process coordinator PFC Consulting Ltd (PFCCL) has incorporated a wholly-owned subsidiary that will act as a special purpose vehicle to house India’s first interstate-TBCB scheme purely dedicated to installation of synchronous condenser (SynCon) units. In a brief regulatory Read more
The formal transfer of the ISTS-TBCB scheme dealing with evacuation from pumped storage projects in Sonbhadra, Uttar Pradesh, is awaiting approval from the Union power ministry. Speaking to tndindia.com, a senior government official said the formal Read more
Fiscal year FY26, which ended on March 31, 2026, proved very eventful for the ISTS-TBCB landscape with as many as 17 such schemes achieving full commissioning. According to an analysis by tndindia.com based on official statistics released by Central Read more
An exclusive study by tndindia.com suggests that 16 interstate transmission system schemes were awarded under the tariff-based competitive bidding mechanism in FY26. This ISTS-TBCB market was led by Adani Energy Solutions Ltd in terms of tariff-based share while Read more
Five developers have been shortlisted for opening of initial price bids for an interstate-TBCB project housed under “Shongtong Power Transmission Ltd.” This is the second bidding round following the first that was annulled in September 2024. The five bidders Read more
The first quarter (Q1: April to June) of FY27 is expected to see significant addition of transmission infrastructure through interstate transmission system (ISTS) schemes awarded under the tariff-based competitive bidding (TBCB) mechanism. According to an analysis by tndindia.com based Read more
Power Grid Corporation of India Ltd (PGCIL) has received the letter of intent for developing an interstate transmission system (ISTS) scheme in Karnataka, under the tariff-based competitive bidding (TBCB) mode. In a brief stock exchange filing, Read more
A new interstate scheme relating to the Bikaner-V pooling station in Rajasthan will come up for bidding only after more deliberations at the next meeting of National Committee on Transmission (NCT). The interstate transmission system ( Read more
Adani Energy Solutions Ltd (AESL) has formally acquired project SPV “South Kalamb Power Transmission Ltd,” from bid process coordinator PFC Consulting Ltd (PFCCL). AESL emerged as the winning bidder of this scheme under the tariff-based competitive bidding (TBCB) route. Read more
The interstate transmission scheme associated with the upcoming Luhri hydropower project in Himachal Pradesh has undergone major revision in scope, and will now come up for bidding under a new identity. In its recent meeting, National Committee on Transmission Read more