interstate TBCB

PGCIL formally acquires “SR and ER Power Transmission Ltd” from PFC Consulting

Power Grid Corporation of India Ltd (PGCIL) has formally acquired “SR and ER Power Transmission Ltd,” a project SPV housing an interstate transmission scheme (ISTS) that PGCIL won under the tariff-based competitive bidding (TBCB) route, from PFC Consulting Read more

PGCIL fully commissions Khavda II-C interstate-TBCB scheme in Gujarat

Power Grid Corporation of India Ltd (PGCIL) has fully commissioned the Khavda II-C interstate transmission system (ISTS) scheme in Gujarat, through its TBCB subsidiary. In a stock exchange notification, PGCIL said that its wholly-owned subsidiary “Powergrid Khavda II-C Transmission Read more

PGCIL commissions Bhadla-Sikar interstate-TBCB scheme in Rajasthan

Power Grid Corporation of India Ltd (PGCIL) has announced the successful commissioning of an interstate transmission system (ISTS) scheme in Rajasthan, developed by its TBCB subsidiary “Powergrid Bhadla Sikar Transmission Ltd.” In a brief stock exchange filing, PGCIL said Read more

Memorable month for ISTS-TBCB landscape; seven schemes fully commissioned in December 2025

It was indeed a momentous month for the ISTS-TBCB market with as many as seven schemes getting fully commissioned in December 2025 alone. Going by freshly released statistics by Central Electricity Authority (CEA), seven interstate transmission Read more

CERC approves transmission tariff of Kudankulam ISTS-TBCB scheme

Central Electricity Regulatory Commission (CERC) has adopted and approved the annual transmission charges (tariff) associated with the Kundankulam interstate scheme, being developed by a TBCB subsidiary of Power Grid Corporation of India Ltd (PGCIL). In a very recent order, Read more

MP Substation | T&D India

Bidding initiated for RE evacuation scheme in Andhra Pradesh

Bid process coordinator PFC Consulting Ltd (PFCCL) has newly begun the bidder selection process for an interstate transmission system (ISTS) scheme involving renewable energy evacuation in Andhra Pradesh. The last date for submission of response to Read more

CERC grants transmission licence to PGCIL’s Davanagare ISTS scheme

Central Electricity Regulatory Commission (CERC) has granted final transmission licence to Davanagere Power Transmission Ltd, a TBCB subsidiary of Power Grid Corporation of India Ltd (PGCIL). The interstate transmission licence, unless revoked earlier, will remain in Read more

PGCIL named winner of Bellary-Davanagere interstate scheme under TBCB

Power Grid Corporation of India Ltd (PGCIL) has won the Bellary-Davanagere interstate transmission system (ISTS) scheme in Karnataka, under the tariff-based competitive bidding (TBCB) mechanism. In a brief stock exchange filing, PGCIL said that on January 8, 2026, it Read more

ISTS-TBCB market in 9MFY26: 12 schemes, 7 winners, Adani Energy enjoys highest market share

The ISTS-TBCB market in the first nine months (9M: April to December) of FY26 saw 12 schemes being formally awarded to seven winning developers. Adani Energy Solutions Ltd (AESL) was a clear leader in terms Read more

MP Substation | T&D India

Four contenders qualify for Davanagere-Bellary interstate scheme in Karnataka

Four developers – three seasoned and a new entrant – have qualified for opening of initial price bids with respect to an interstate transmission system (ISTS) scheme aiming to integrate renewable energy potential at Davanagere Read more