ISTS-TBCB

Full commissioning of 15 ISTS-TBCB schemes expected in Q3FY26

An estimated 15 interstate transmission system (ISTS) schemes that were awarded under the tariff-based competitive bidding route (TBCB) are likely to be commissioned during the third quarter (Q3: October to December) of FY26. According to an Read more

Adani Energy gets licence for pumped storage transmission scheme in Maharashtra

Central Electricity Regulatory Commission (CERC), in its order dated October 24, 2025, has granted transmission licence to WRNES Talegaon Power Transmission Ltd, a TBCB subsidiary of Adani Energy Solutions Ltd. The transmission licence, unless revoked earlier, Read more

CERC approves transmission charges of Raghanesda RE Transmission

Central Electricity Regulatory Commission (CERC) has adopted and approved the annual transmission charges (tariff) associated with an ISTS-TBCB scheme housed under “Raghanesda RE Transmission Ltd,” a wholly-owned subsidiary of Dineshchandra R. Agrawal Infracon Pvt Ltd (DRAIPL). In a very Read more

Shivalaya Construction becomes latest debutant in interstate transmission space

Shivalaya Construction Ltd has become the latest entrant in the interstate power transmission development space, following the formal acquisition of “Ananthapuram II Power Transmission Ltd.” Shivalaya Construction Ltd formally acquired the said project SPV from bid process coordinator REC Read more

PGCIL formally acquires two interstate schemes, takes FY26 tally to five

Power Grid Corporation of India Ltd (PGCIL) recently completed the formal acquisition of two project special purpose vehicles (SPV) corresponding to as many interstate transmission schemes that the Central PSU had won under the tariff-based competitive bidding (TBCB) Read more

Bidder selection process initiated for NERGS-III scheme

The bidder selection process for an ISTS-TBCB scheme “North Eastern Region Generation Scheme-III Siang Basin” has newly begun. The NERGS-III Siang Basin scheme has PFC Consulting Ltd (PFCCL) as its bid process coordinator. By current timelines, Read more

India’s first synchronous condenser (SynCon) project under TBCB, approved

India’s very first project for deploying of synchronous condenser (SynCon) units for implementation under the TBCB route was recently approved by NCT. In its latest meeting, the National Committee on Transmission (NCT) approved an ISTS scheme officially referred to Read more

PGCIL acquires “Mandsaur I RE Transmission Ltd” from PFC Consulting

Power Grid Corporation of India Ltd (PGCIL) has formally acquired project special purpose vehicle “Mandsaur I RE Transmission Ltd” from bid process coordinator PFC Consulting Ltd (PFCCL). Mandsaur Read more

PGCIL seeks licence for two erstwhile TBCB schemes, now under RTM

Power Grid Corporation of India Ltd (PGCIL) is seeking transmission licence for an interstate transmission system (ISTS) scheme that is being implemented under the regulated tariff mechanism (RTM) route. This scheme represents the unified version of two erstwhile Read more

Shivalaya Construction set to enter power transmission development space

New Delhi-headquartered Shivalaya Construction Ltd is set to make its debut as a developer in the power transmission space. The infrastructure EPC and annuity player, with a prominent presence in the roads & highways sector, was recently issued the Read more