ISTS-TBCB

T&D India ISTS-TBCB Report FY25

Fiscal year FY25 that ended on March 31, 2025, saw hectic activity in the ISTS-TBCB space with as many as 45 schemes getting formally transferred to their winning developers. The overall performance of the ISTS-TBCB market in FY25 was Read more

Interregional strengthening scheme between southern and eastern grids planned

A new interregional scheme that will strengthen the transfer between the southern and eastern grids has been proposed for implementation under the tariff-based competitive bidding route. Estimated to cost around Rs.2,710 crore and with a tentative implementation timeframe of Read more

CERC grants transmission licence to “Bikaner A Power Transmission Ltd”

Central Electricity Regulatory Commission (CERC), in a very recent order, has granted transmission licence to “Bikaner A Power Transmission Ltd,” a wholly-owned subsidiary of Power Grid Corporation of India Ltd (PGCIL). The said SPV is developing an interstate transmission Read more

CERC adopts tariff for Rajasthan IV 4B Power Transmission

Central Electricity Regulatory Commission (CERC) has adopted the transmission tariff for an interstate transmission system (ISTS) scheme housed under “Rajasthan IV 4B Power Transmission Ltd.” In a recent order, CERC approved the tariff (annual transmission charge) Read more

Bidding starts for Sonbhadra pumped storage evacuation scheme

Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has begun the bidder selection process for an interstate transmission system (ISTS) scheme involving evacuation of power from upcoming pumped storage projects in Uttar Pradesh. Termed Read more

PGCIL starts commercial operations on Raipur Pool Dhamtari TBCB project

Powergrid Raipur Pool Dhamtari Transmission Ltd, a TBCB subsidiary of Power Grid Corporation of India Ltd (PGCIL), has begun commercial operations from its interstate transmission system (ISTS) scheme in Chhattisgarh. In a stock exchange filing, PGCIL said that Powergrid Read more

PFCCL incorporates three project SPVs for ISTS-TBCB projects

Bid process coordinator PFC Consulting Ltd (PFCCL) has newly incorporated three wholly-owned subsidiaries that will act as project special purpose vehicles (SPV) for as many interstate transmission system (ISTS) schemes being developed under the tariff-based competitive bidding ( Read more

CERC grants interim transmission licence to Rajasthan IVB Power Transmission

Central Electricity Regulatory Commission (CERC) has granted interim transmission licence to Rajasthan IVB Power Transmission Ltd, a wholly-owned subsidiary of Dineshchandra R. Agrawal Infracon Pvt Ltd (DRAIPL). Rajasthan IVB Power Transmission Ltd is a project SPV that is developing Read more

Second phase of Ananthapuram REZ integration planned under TBCB mode

A new interstate transmission system (ISTS) scheme for integrating 3 GW from the Ananthapuram-II REZ in Andhra Pradesh has been proposed for development under the tariff-based competitive bidding (TBCB) mode. In a recent meeting, the National Read more

Nine ISTS-TBCB schemes fully commissioned in FY25

Latest official statistics suggest that nine interstate transmission system (ISTS) schemes, awarded under the tariff-based competitive bidding (TBCB) route, were fully commissioned during the fiscal year ending March 31, 2025. While Power Grid Corporation of India Ltd (PGCIL) accounted Read more