interstate TBCB

DRAIPL wins its third interstate transmission scheme in TBCB mode

Dineshchandra R. Agarwal Infracon Pvt Ltd (DRAIPL) has furthered its presence in the power transmission development space by acquiring its third interstate transmission system (ISTS) scheme under the tariff-based competitive bidding (TBCB) framework. The Ahmedabad-based infrastructure company, on May Read more

RECPDCL qualifies bidders for two transmission schemes under TBCB

Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has shortlisted bidders for opening of initial price bids for two transmission schemes – one interstate and one intrastate – under the tariff-based competitive bidding (TBCB) mechanism. Seven aspirants Read more

Tata Power keen to explore TBCB opportunities in intrastate transmission space

Tata Power is keen to explore opportunities in the intrastate transmission system (InSTS) space, under the tariff-based competitive bidding (TBCB) framework. In a recent media interaction, Dr. Praveer Sinha, CEO & MD, Tata Power, said that Read more

PFC Consulting incorporates SPV for SynCon transmission scheme

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

Transfer of Sonbhadra interstate scheme awaiting power ministry approval

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

Record number of ISTS-TBCB schemes fully commissioned in FY26

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

ISTS-TBCB Market in FY26: Adani Energy leads in tariff share, PGCIL in number of schemes

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 in fray for Shongtong interstate-TBCB transmission scheme, in second bidding round

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

Major transmission infrastructure addition by ISTS-TBCB schemes expected in Q1FY27

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

PGCIL receives letter of intent for Tumkur-II REZ interstate transmission scheme

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