ISTS-TBCB

Bidder selection process initiated for NERGS-III scheme

The bidder selection process for an ISTS-TBCB scheme “North Eastern Region Growth 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

ISTS-TBCB in H1FY26: Winners declared for 12 schemes, seven SPVs transferred

Winners were declared for a total of 12 interstate transmission system (ISTS) schemes under the tariff-based competitive bidding (TBCB) mechanism during the first half (H1: April to September) of the current fiscal year FY26, according to a special Read more

SPVs incorporated for power transmission schemes under TBCB

Three special purpose vehicles have newly been incorporated for housing power transmission schemes that will be bid out under the tariff-based competitive bidding (TBCB) mechanism. While two SPVs – one each for an interstate and intrastate scheme – have Read more

PGCIL wins SR-WR interregional scheme under TBCB

Power Grid Corporation of India Ltd (PGCIL) has won an ISTS scheme “Interregional strengthening between SR Grid and WR Grid” under the tariff-based competitive bidding (TBCB) framework. In a brief stock exchange filing dated September 30, 2025, PGCIL said Read more

G R Infraprojects formally acquires Rajgarh Neemuch transmission scheme

G R Infraprojects Ltd (GRIL) has formally acquired “Rajgarh Neemuch Transmission Ltd” from bid process coordinator REC Power Development & Consultancy Ltd. GRIL had emerged as the successful bidder for underlying ISTS scheme “Transmission system for evacuation of power Read more

Interstate transmission scheme proposed for green hydrogen plants in Vizag

A major interstate transmission system (ISTS) scheme has recently been approved by the National Committee on Transmission (NCT) that will help transmit renewable energy to upcoming green hydrogen/green ammonia plants in Visakhapatnam, Andhra Pradesh. Estimated to Read more