intrastate TBCB

Seven qualify for Velgaon intrastate transmission scheme in Maharashtra

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

RECPDCL forms two SPVs for intrastate schemes in Maharashtra

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

RECPDCL incorporates SPV for intrastate scheme in Maharashtra

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

Linxon Gaya AIS LR | T&D India

PFC Consulting incorporates SPV for intrastate scheme in Maharashtra

Bid process coordinator PFC Consulting Ltd (PFCCL) has incorporated a wholly-owned subsidiary that will act as a special purpose vehicle to develop an intrastate scheme in Maharashtra, under the TBCB framework. In a stock exchange filing, Read more

Joda-Barbil intrastate scheme in Odisha: Bidding annulled for the second time

Bid process coordinator PFC Consulting Ltd (PFCCL) has annulled the bidding process for the Joda-Barbil intrastate transmission system (InSTS) scheme in Odisha. This is for the second time that bidding for this scheme has been Read more

Karnataka plans more intrastate schemes in TBCB mode

Karnataka, which recently heralded the TBCB modality for its intrastate grid development, has planned more schemes under the same framework. It is learnt that Karnataka now a total of four intrastate transmission system (InSTS) schemes that will be awarded Read more

Karnataka deploys TBCB for intrastate transmission infrastructure

Karnataka has deployed the tariff-based competitive bidding (TBCB) framework for development of intrastate transmission infrastructure. According to information available with T&D India, this is the first instance where the TBCB modality is being employed by Karnataka Read more

Developer selection begins for intrastate TBCB schemes in Maharashtra

Bidding has begun for three intrastate transmission system (InSTS) schemes in Maharashtra, under the tariff-based competitive bidding (TBCB) framework. While bid process coordinators REC Power Development & Consultancy Ltd (RECPDCL) has initiated the Read more

Adani Energy acquires Mahan intrastate scheme in MP, under TBCB

Adani Energy Solutions Ltd (AESL) has formally acquired “Mahan Transmission Ltd” – a project SPV for development of an intrastate transmission system (InSTS) scheme, from bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL). In Read more

Maharashtra plans more intrastate schemes in TBCB mode

Maharashtra has planned to develop two more intrastate transmission system (InSTS) schemes under the tariff-based competitive bidding (TBCB) framework. This is in addition to three such schemes planned earlier. State utility Maharashtra State Electricity Transmission Company Read more