ISTS-TBCB

PGCIL likely to commission five ISTS-TBCB schemes soon

Power Grid Corporation of India Ltd (PGCIL) is expected to soon commission as many as five interstate transmission system (ISTS) schemes that it was awarded under the tariff-based competitive bidding (TBCB) route. According to a special Read more

RECPDCL incorporates SPV for Rajgarh-Neemuch ISTS scheme in Madhya Pradesh

REC Power Development & Consultancy Ltd (RECPDCL) has incorporated a wholly-owned subsidiary that will act as a project special purpose vehicle (SPV) for development of an interstate transmission system (ISTS) scheme in Read more

H.G. Infra Engineering emerges L1 for ERGS-I scheme in Odisha

Jaipur-headquartered H.G. Infra Engineering Ltd (HGIEL) has emerged L1 bidder for the interstate transmission system (ISTS) project “Eastern Region Generation Scheme – I (ERGS-I)” in Odisha. This potentially makes HGIEL the latest debutant in the interstate transmission development space. In Read more

Three contenders qualify in re-bidding of “ERGS-I” ISTS scheme in Odisha

Bid process coordinator PFC Consulting Ltd (PFCCL) has qualified three bidders for opening of initial price bids under the fresh round of bidding for the “Eastern Region Generation Scheme-I (ERGS-I)” scheme in Odisha. It is reliably learnt that a Read more

PGCIL to merge 17 TBCB subsidiaries to improve administrative efficiency

With a view to reducing legal and regulatory compliance and bringing about administrative efficiency, Power Grid Corporation of India Ltd (PGCIL) has planned major restructuring of its TBCB subsidiaries. Accordingly, PGCIL will be merging/transferring a total of 17 ISTS-TBCB Read more

RECPDCL to strike off project SPV of de-notified ISTS-TBCB scheme

Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has proposed to strike off a wholly-owned subsidiary that was incorporated to act as a project SPV of an ISTS-TBCB scheme that has since been de-notified. In a stock Read more

New entrant among those qualified for Raghanesda ISTS-TBCB scheme

Eight bidders, including a new entrant, have qualified for opening of initial price bids for an ISTS-TBCB scheme housed under “Raghanesda RE Transmission Ltd” and taking shape in Gujarat. The new entrant – Kalthia Engineering & Construction Ltd – Read more

IndiGrid signs agreement to acquire Koppal Narendra Transmission Ltd

IndiGrid Infrastructure Trust (IndiGrid) has signed definitive agreements to acquire Koppal Narendra Transmission Ltd, an operational ISTS transmission scheme, as well as a solar asset in Rajasthan. In a release, IndiGrid said that it has executed agreements to acquire Read more

PGCIL acquires “MEL Power Transmission,” its first ISTS-TBCB win in FY26

Power Grid Corporation of India Ltd (PGCIL) has formally acquired project SPV “MEL Power Transmission Ltd” making it the Central PSU’s first ISTS-TBCB acquisition of the current fiscal year FY26. “MEL Power Transmission Ltd” was acquired on June 4, Read more

CERC adopts transmission tariff of Bidar Transco ISTS-TBCB scheme

Central Electricity Regulatory Commission (CERC) has adopted and approved the transmission charges (tariff) associated with an ISTS-TBCB scheme housed under “Bidar Transco Ltd,” a subsidiary of Power Grid Corporation of India Ltd (PGCIL). In a very Read more