interstate TBCB

SPV incorporated for green hydrogen interstate scheme in Andhra Pradesh

Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has newly incorporated a wholly-owned subsidiary that will act as a special purpose vehicle for an ISTS scheme involving supply of RE power to upcoming green hydrogen plants Read more

Transmission system for 14 GW RE evacuation from Gujarat approved, five ISTS schemes to be developed under TBCB

A cluster of five interstate schemes together aiming to evacuate a massive 14 GW of power from RE-rich zones in Gujarat, has been approved for development under the tariff-based competitive bidding (TBCB) framework. In a recent meeting, National Committee Read more

PGCIL acquires Bellary Davanagere Transmission Ltd, its seventh interstate project SPV this fiscal

Power Grid Corporation of India Ltd (PGCIL) has acquired “Bellary Davanagere Transmission Ltd” from bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL). This is PGCIL’s seventh formal acquisition of a project SPV corresponding to an interstate Read more

Bidding initiated for India’s first syncon project under TBCB

Bid process coordinator PFC Consulting Ltd (PFCCL) has newly initiated bidding for India’s first ISTS scheme under TBCB, involving installation of synchronous condensers (SynCon). As per current timelines, the last date for submitting technical and financial Read more

GIS technology recommended over AIS for Siot substation in J&K

The 400/200kV Siot substation coming up in UT of Jammu & Kashmir, as part of an interstate transmission scheme, will now use GIS technology instead of AIS planned earlier. In its latest meeting, National Committee on Transmission ( Read more

Adani Energy secures finance from Japanese bank consortium for Bhadla-Fatehpur HVDC project

Adani Energy Solutions Ltd (AESL) has secured long-term financing from a consortium of Japanese banks for its flagship HVDC transmission project, a release by AESL said. The project will play a central role in evacuating renewable energy from Rajasthan’s Read more

EnerGrid acquires “Morena I SEZ Transmission”, its first TBCB power transmission project

EnerGrid, a new platform co-promoted by IndiGrid, has formally acquired its first power transmission project – an interstate transmission system (ISTS) scheme won under the tariff-based competitive bidding (TBCB) mechanism. On February 3, 2026, EnerGrid, through its wholly-owned subsidiary Read more

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