ISTS-TBCB

PGCIL receives letter of intent for Kakinada ISTS-TBCB scheme

Power Grid Corporation of India Ltd (PGCIL) has received the letter of intent for developing an interstate transmission system (ISTS) scheme involving supply of RE power to upcoming green hydrogen projects in Kakinada, Andhra Pradesh. In a brief stock Read more

PGCIL is frontrunner for interregional transfer scheme under TBCB

Power Grid Corporation of India Ltd (PGCIL) is most likely to win a major interregional transfer scheme under the tariff-based competitive bidding (TBCB) route. According to a reliable industry source, PGCIL has emerged as L1 bidder for an ISTS-TBCB Read more

PGCIL, HG Infra set to clinch interstate schemes under tariff-based bidding

Power Grid Corporation of India Ltd (PGCIL) and H.G. Infra Engineering Ltd (HGIEL) are set to emerge winners for one interstate-TBCB scheme each. Both the entities have emerged L1 for their respective schemes, according to a reliable industry source. PGCIL Read more

Six bidders shortlisted for WR-ER interregional scheme under TBCB

Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has qualified six aspirants, based on their technical bids, for opening of initial price bids for an interregional scheme under TBCB. The scheme under discussion is Read more

CERC grants transmission licence to KPS III HVDC Transmission

Central Electricity Regulatory Commission (CERC) has granted final transmission licence to “KPS III HVDC Power Transmission Ltd,” a subsidiary of Adani Energy Solutions Ltd. The final transmission licence was issued following the interim licence that was granted through CERC’s Read more

Completion schedules of RTM and TBCB components of Krishnagiri interstate scheme aligned

The implementation schedules of the RTM and TBCB components of the Krishnagiri REZ-Phase I interstate scheme have been aligned to 36 months. When approved the TBCB component, currently under bidding, had a completion timeframe of 30 months. This was Read more

PGCIL, Resonia acquire interstate schemes under TBCB

Power Grid Corporation of India Ltd (PGCIL) and Resonia Ltd, in independent developments, have formally acquired one interstate transmission system (ISTS) scheme each, under the tariff-based competitive bidding (TBCB) framework. The project SPVs were formally acquired from bid process Read more

DRAIPL wins its third interstate transmission scheme in TBCB mode

Dineshchandra R. Agarwal Infracon Pvt Ltd (DRAIPL) has furthered its presence in the power transmission development space by acquiring its third interstate transmission system (ISTS) scheme under the tariff-based competitive bidding (TBCB) framework. The Ahmedabad-based infrastructure company, on May Read more

Tata Power keen to explore TBCB opportunities in intrastate transmission space

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

PFC Consulting incorporates SPV for SynCon transmission scheme

Bid process coordinator PFC Consulting Ltd (PFCCL) has incorporated a wholly-owned subsidiary that will act as a special purpose vehicle to house India’s first interstate-TBCB scheme purely dedicated to installation of synchronous condenser (SynCon) units. In a brief regulatory Read more