Gurugram-headquartered Ceigall India Ltd is set to formally acquire an intrastate transmission system (InSTS) scheme in Maharashtra under the tariff-based competitive bidding (TBCB) framework. Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL), on November Read more
Bid process coordinator PFC Consulting Ltd (PFCCL) has shortlisted five bidders for opening of initial price bids for an intrastate transmission system (InSTS) scheme in Maharashtra, deploying the tariff-based competitive bidding (TBCB) modality. The bidders qualified are Power Grid Read more
Seven bidders have qualified for opening of initial price bids for an intrastate transmission system (InSTS) scheme in Maharashtra, where bidder selection is taking place through the tariff-based competitive bidding mechanism. It is reliably learnt that bid process coordinator Read more
Maharashtra has extended the TBCB philosophy to yet another project, this time a 220kV substation at Musalgaon in Nashik district. REC Power Development & Consultancy Ltd (RECPDCL), the bid process coordinator, has recently initiated the bidder selection process, the Read more
At least three more intrastate transmission system (InSTS) schemes are being planned in Maharashtra, under the tariff-based competitive bidding (TBCB) framework. It is reliably learnt that these schemes will soon come up for bidder selection with PFC Consulting Ltd Read more
The bidding process for developer selection has newly begun for two new intrastate transmission system (InSTS) schemes in Karnataka, under the tariff-based competitive bidding (TBCB) mechanism. Bid process coordinator REC Power Development & Consultancy Ltd ( Read more
Power Grid Corporation of India Ltd (PGCIL) along with three biggest private sector developers are in the fray for an intrastate transmission system (InSTS) scheme taking shape in the Pune region of Maharashtra. It is reliably Read more
Seven entities have qualified for opening of price bids for an intrastate transmission system (InSTS) scheme in Maharashtra, housed under “Velgaon Power Transmission Ltd.” The scheme is being developed under the tariff-based competitive bidding (TBCB) mechanism with REC Power Read more
REC Power Development & Consultancy Ltd (RECPDCL) has newly incorporated two wholly-owned subsidiaries that will act as project special purpose vehicles for as many intrastate schemes in Maharashtra. The two entities, incorporated on July 7, 2025, are Umred Power Read more
Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has incorporated a wholly-owned subsidiary that will act as a project special purpose vehicle (SPV) for an intrastate transmission system (InSTS) scheme in Maharashtra. A brief Read more