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Ryapte intrastate scheme in Karnataka has dropped to three as against five in the original bidding round that was rescinded.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
Bid process coordinator PFC Consulting Ltd (PFCCL), on March 12, 2026, formally transferred two intrastate transmission system (InSTS) schemes to their respective winners – Power Grid Corporation of India Ltd (PGCIL) and Montecarlo Ltd – Read more
Dilip Buildcon Ltd has received the letter of intent from bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) for an intrastate-TBCB scheme in Karnataka, housed under “Mekhali Power Transmission Ltd.” As reported Read more
Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has shortlisted six bidders, based on technical bids, for opening of initial price bids with respect to the Jalna intrastate-TBCB scheme in Maharashtra. Housed under “Jalna Read more