REC Power Development & Consultancy Ltd (RECPDCL) and Bihar State Power Transmission Company Ltd (BSPTCL) recently signed a memorandum of understanding (MoU) to develop intrastate transmission projects through the tariff-based competitive bidding (TBCB) mode. In a release, RECPDCL said Read more
Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has rescinded the developer selection process for the Ambernath intrastate-TBCB scheme in Maharashtra. As reported by tndindia.com on April 4, 2026, Read more
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
The pace of intrastate power transmission development in Maharashtra is seen picking up with four new schemes up for bidding, under the tariff-based competitive bidding (TBCB) framework. Bid process coordinator REC Power Development & Consultancy Ltd ( Read more
The number of technically-qualified bidders for the re-bid Ryapte intrastate scheme in Karnataka has dropped to three as against five in the original bidding round that was rescinded. Notably, PGCIL has refrained from bidding. It is reliably learnt that Read more
Bid process coordinator PFC Consulting Ltd has newly incorporated four wholly-owned subsidiaries that will act as special purpose vehicles (SPVs) for the development of as many intrastate transmission system (InSTS) schemes, the developer of which Read more
Six developers, including a new entrant, have been qualified for opening of initial price bids for the Ambernath intrastate transmission scheme in Maharashtra. It is reliably learnt that bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has Read more
Resonia Ltd has received the letter of intent for developing the Hampapura intrastate transmission system (InSTS) scheme in Karnataka, under the tariff-based competitive bidding (TBCB) framework. According to a company release, bid process coordinator REC Power Development & Consultancy Read more
Gurugram-headquartered KCC Buildcon Pvt Ltd has become the latest entrant in the power transmission development space under the tariff-based competitive bidding (TBCB) framework, by acquiring the Wagdari intrastate scheme in Maharashtra. On March 27, 2026, bid process coordinator PFC Read more
Chhattisgarh has joined the growing list of states to adopt the tariff-based competitive bidding (TBCB) framework for development of intrastate transmission projects. It is reliably learnt that Chhattisgarh will soon be floating bids from potential developers Read more