interstate TBCB

ISTS-TBCB market turns vibrant in H1FY25

Hectic activity was seen in the interstate transmission system (ISTS) development space during the first half (H1: April to September) of FY25, with a record number of schemes awarded under the tariff-based competitive bidding (TBCB) route. According to a Read more

REC board approves SPVs for eight ISTS-TBCB schemes

The board of REC Ltd has approved the formation of eight special purpose vehicles (SPVs) associated with the development of as many interstate transmission system (ISTS) schemes. In a stock exchange filing, REC said that its Read more

Bidders shortlisted for hydropower evacuation scheme in Himachal Pradesh

Three bidders have been shortlisted for an ISTS scheme to set up evacuation infrastructure for upcoming hydropower projects in Himachal Pradesh. Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has shortlisted Power Grid Corporation Read more

CERC grants transmission licence to Kallam Transco

Central Electricity Regulatory Commission (CERC), in a recent order, has granted final transmission licence to Kallam Transco Ltd that is developing an ISTS scheme, won under the TBCB route, in Maharashtra. Kallam Transco Ltd (KTL), a subsidiary of India Read more

More success for PGCIL, receives LoI for ISTS-TBCB scheme in Gujarat

Power Grid Corporation of India Ltd (PGCIL) continued its winning spree in the ISTS-TBCB space, this time receiving the letter of intent for a scheme in the Khavda area in Gujarat. In a brief stock exchange Read more

Three contenders for major HVDC transmission scheme in Gujarat

Three players are in the fray for a major interstate transmission system (ISTS) scheme in Gujarat involving HVDC technology, for which developer selection is taking place through the tariff-based competitive bidding (TBCB) mode. It is reliably Read more

PGCIL set to dominate Rajasthan REZ Phase-IV transmission scheme

Power Grid Corporation of India Ltd (PGCIL) is set to win an overwhelming majority of the TBCB-based constituents under the “Transmission System for Rajasthan REZ Phase IV (Part 2: 5.5 GW) (Jaisalmer/Barmer)” ISTS scheme. The overall scheme has been Read more

PGCIL named successful bidder for Rajasthan REZ ISTS scheme

Power Grid Corporation of India Ltd (PGCIL) has been declared as successful bidder for an interstate transmission system (ISTS) scheme associated with renewable energy evacuation from Rajasthan. In a brief stock exchange filing, PGCIL said that Read more

More evacuation infrastructure planned for Kurnool RE zone in AP

A new transmission system for evacuation of renewable energy from Kurnool REZ in Andhra Pradesh is in the making. This interstate transmission system (ISTS) scheme has been named “Transmission system for integration of Kurnool-IV REZ – Read more

Adani Energy might clinch Jamnagar transmission scheme

Adani Energy Solutions Ltd (AESL) might win the interstate transmission system (ISTS) scheme incorporated under “Jamnagar Transmission Ltd” that is being bid out under the tariff-based competitive bidding (TBCB) mechanism. It is very reliably learnt that Read more