ISTS-TBCB

Bajel Projects associate AnantGrid receives LoI for Lakadia-A interstate-TBCB scheme

AnantGrid Projects One Pvt Ltd (AGPOPL) — a company jointly owned by Bajel Projects Ltd (26 per cent) and National Investment and Infrastructure Fund (74 per cent) has received the letter of intent (LoI) for developing the Lakadia-A Read more

PGCIL most likely to clinch Jam Khambhaliya REZ ISTS-TBCB scheme

Power Grid Corporation of India Ltd (PGCIL) is on its way to winning the Jam Khambhaliya REZ interstate scheme in Gujarat, under the tariff-based competitive bidding (TBCB) mechanism. An informed source said that PGCIL has emerged as L1 bidder Read more

Aggregate tariff of PGCIL’s recent TBCB schemes pegged at over Rs.2,200 crore per year

The aggregate tariff associated with TBCB schemes won by Power Grid Corporation of India Ltd (PGCIL) in the early months of FY27, stands at over Rs.2,200 crore. Addressing an investor call concerning the company’s Q1FY27 performance, Read more

RECPCDL formally transfers Vizag green hydrogen scheme SPV to Adani Energy

Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) formally transferred project SPV “Vizag Power Transmission Ltd” housing an ISTS scheme to its winning developer Adani Energy Solutions Ltd (AESL), selected under the tariff-based Read more

EnerGrid plans Rs.5,800 crore capex on Q1FY27 ISTS-TBCB wins

EnerGrid, an investment platform co-promoted by IndiGrid Infrastructure Trust (IndiGrid), expects capital expenditure of around Rs.5,800 crore in developing two interstate transmission system (ISTS) schemes that it won under the tariff-based competitive bidding (TBCB) mechanism Read more

Five in the fray for Barmer HVDC interstate-TBCB scheme

Five developers have qualified for opening of initial price bids for the mega Barmer HVDC scheme, under the tariff-based competitive bidding mechanism. Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) recently qualified five bidders, Read more

Adani Energy moves closer to acquiring Satara transmission scheme, its second ISTS-TBCB project in FY27

Adani Energy Solutions Ltd (AESL) has come very close to acquiring the Satara pumped storage transmission scheme, potentially making it the Adani Group entity’s second ISTS-TBCB win in FY27 so far. A very reliable industry source confirmed to tndindia.com Read more

One new entrant among six qualified for Lakadia-A interstate-TBCB scheme

Bid process coordinator PFC Consulting Ltd (PFCCL) has qualified six bidders, including a new entrant, for opening of initial price bids for the Lakadia-A ISTS-TBCB scheme taking shape in Gujarat. The scheme is referred to as Read more

Major interstate scheme planned in Madhya Pradesh for thermal and RE evacuation

A major interstate transmission system (ISTS) scheme has been proposed in Madhya Pradesh, which will address evacuation of both thermal power and renewable energy. The scheme, termed as “Common transmission system augmentation for evacuation of power from 2x800-MW Gadarwara-II Read more

Apraava Energy acquires ISTS-TBCB project SPV “Ananthapuram Transmission Ltd”

Apraava Energy, on August 3, 2026, acquired the special purpose vehicle (SPV), Ananthpuram Transmission Ltd, for developing an interstate transmission project in Ananthapur, Andhra Pradesh. The project was awarded through the Government of India's tariff-based competitive Read more