ISTS-TBCB

EnerGrid acquires “Morena I SEZ Transmission”, its first TBCB power transmission project

EnerGrid, a new platform co-promoted by IndiGrid, has formally acquired its first power transmission project – an interstate transmission system (ISTS) scheme won under the tariff-based competitive bidding (TBCB) mechanism. On February 3, 2026, EnerGrid, through its wholly-owned subsidiary Read more

PGCIL formally acquires “SR and ER Power Transmission Ltd” from PFC Consulting

Power Grid Corporation of India Ltd (PGCIL) has formally acquired “SR and ER Power Transmission Ltd,” a project SPV housing an interstate transmission scheme (ISTS) that PGCIL won under the tariff-based competitive bidding (TBCB) route, from PFC Consulting Read more

PGCIL fully commissions Khavda II-C interstate-TBCB scheme in Gujarat

Power Grid Corporation of India Ltd (PGCIL) has fully commissioned the Khavda II-C interstate transmission system (ISTS) scheme in Gujarat, through its TBCB subsidiary. In a stock exchange notification, PGCIL said that its wholly-owned subsidiary “Powergrid Khavda II-C Transmission Read more

REC strikes off project SPV from Register of Companies

REC Ltd in a stock exchange filing said that it has struck off a project special purpose vehicle (SPV), “Rajgarh III Power Transmission Ltd” from the Register of Companies on January 20, 2026. The said project Read more

PGCIL commissions Bhadla-Sikar interstate-TBCB scheme in Rajasthan

Power Grid Corporation of India Ltd (PGCIL) has announced the successful commissioning of an interstate transmission system (ISTS) scheme in Rajasthan, developed by its TBCB subsidiary “Powergrid Bhadla Sikar Transmission Ltd.” In a brief stock exchange filing, PGCIL said Read more

Memorable month for ISTS-TBCB landscape; seven schemes fully commissioned in December 2025

It was indeed a momentous month for the ISTS-TBCB market with as many as seven schemes getting fully commissioned in December 2025 alone. Going by freshly released statistics by Central Electricity Authority (CEA), seven interstate transmission Read more

CERC approves transmission tariff of Kudankulam ISTS-TBCB scheme

Central Electricity Regulatory Commission (CERC) has adopted and approved the annual transmission charges (tariff) associated with the Kundankulam interstate scheme, being developed by a TBCB subsidiary of Power Grid Corporation of India Ltd (PGCIL). In a very recent order, Read more

MP Substation | T&D India

Bidding initiated for RE evacuation scheme in Andhra Pradesh

Bid process coordinator PFC Consulting Ltd (PFCCL) has newly begun the bidder selection process for an interstate transmission system (ISTS) scheme involving renewable energy evacuation in Andhra Pradesh. The last date for submission of response to Read more

CERC grants transmission licence to PGCIL’s Davanagare ISTS scheme

Central Electricity Regulatory Commission (CERC) has granted final transmission licence to Davanagere Power Transmission Ltd, a TBCB subsidiary of Power Grid Corporation of India Ltd (PGCIL). The interstate transmission licence, unless revoked earlier, will remain in Read more

PGCIL named winner of Bellary-Davanagere interstate scheme under TBCB

Power Grid Corporation of India Ltd (PGCIL) has won the Bellary-Davanagere interstate transmission system (ISTS) scheme in Karnataka, under the tariff-based competitive bidding (TBCB) mechanism. In a brief stock exchange filing, PGCIL said that on January 8, 2026, it Read more