ISTS-TBCB

Adani Energy set to win its first ISTS-TBCB project of FY27

Adani Energy Solutions Ltd (AESL) is set to win its first ISTS-TBCB scheme of the current fiscal year. According to a reliable source, Adani Energy Solutions Ltd (AESL) has emerged as the L1 bidder for an interstate transmission system Read more

PGCIL receives letters of intent for two ISTS-TBCB schemes

Power Grid Corporation of India Ltd (PGCIL) has received letters of intent for development of two interstate transmission system (ISTS) schemes for which it emerged as winning developer under the tariff-based competitive bidding (TBCB) mechanism. In brief stock exchange Read more

ISTS-TBCB market in Q1FY27: Six schemes transferred, PGCIL leads

The first quarter (Q1: April to June) of FY27 saw six ISTS-TBCB schemes formally transferred to their winning developers. PGCIL led the market in terms of both number of schemes and tariff-based market share. According to an exclusive study Read more

PGCIL moving closer to acquiring Krishnagiri interstate transmission scheme

Power Grid Corporation of India Ltd (PGCIL) is seen moving closer to acquiring the Krishnagiri REZ interstate transmission system (ISTS) scheme under TBCB, making it an important acquisition in terms of transmission tariff. It is reliably learnt that PGCIL Read more

RECPDCL transfers two ISTS schemes to winners under TBCB

Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has formally transferred project SPVs corresponding to two interstate transmission system (ISTS) scheme to their winning developers selected under the TBCB framework. The formal transfer of SPVs took place Read more

Krishnagiri interstate scheme: Five qualified for price bid opening

Five bidders have been shortlisted for opening of initial price bids with respect to the Krishnagiri REZ interstate transmission system (ISTS) scheme. Bid process coordinator PFC Consulting Ltd (PFCCL) has qualified five bidders, on the basis of their technical Read more

PGCIL formally acquires project SPV “Kakinada I Transmission Ltd”

Having emerged as successful developer under the TBCB framework, Power Grid Corporation of India Ltd (PGCIL) has formally acquired “Kakinada I Transmission Ltd,” housing an interstate transmission system (ISTS) scheme in Andhra Pradesh. In a regulatory filing, PGCIL said Read more

PGCIL fully commissions Ananthapuram-Kurnool interstate TBCB scheme

Power Grid Corporation of India Ltd (PGCIL) has announced the full commissioning of the Ananthapuram-Kurnool interstate transmission system (ISTS) scheme that it had won under the tariff-based competitive bidding (TBCB) mechanism. In a brief stock exchange notification, PGCIL said Read more

PGCIL set to clinch Bhadla-Ramgarh ISTS-TBCB scheme

Power Grid Corporation of India Ltd (PGCIL) is set to clinch the ISTS-TBCB scheme housed under “Bhadla Ramgarh Power Transmission Ltd,” getting the better of four other contenders. According to a reliable industry source, PGCIL has emerged L1 bidder Read more

Five shortlisted for Bhadla-Ramgarh interstate-TBCB scheme

Five bidders have qualified for opening of initial price bids with respect to an interstate transmission system (ISTS) scheme involving augmentation of three substations – Bhadla-III, Ramgarh and Kanpur. The ISTS-TBCB scheme is referred to as “Augmentation at Bhadla-III, Read more