Adani Energy Solutions Ltd (AESL) has formally been awarded an interstate transmission system (ISTS) scheme housed under “Pune-III Transmission Ltd” under the TBCB route, making it the company’s fourth such win so far in this Read more
Bidding has begun for what would be the fourth intrastate transmission system (InSTS) scheme in Madhya Pradesh, being developed under the tariff-based competitive bidding (TBCB) mechanism. Bid process coordinator REC Power Development & Consultancy Ltd ( Read more
Power Grid Corporation of India Ltd (PGCIL) has formally acquired “Khavda V-A Power Transmission Ltd” from bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) today, November 19, 2024. This project, for which PGCIL was Read more
The National Power Committee (NPC) in consultation with Regional Power Committees (RPC) has prepared the Uniform Protection Protocol for users of Indian Grid for implementation on Pan India basis. The same was approved at the recently held 15th National Read more
Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has incorporated two wholly-owned subsidiaries that would act as special purpose vehicles for the development of two ISTS schemes to be awarded under the tariff-based competitive bidding ( Read more
The month of October 2024 proved very eventful for the ISTS-TBCB landscape with as many as three schemes getting fully commissioned. According to latest statistics released by Central Electricity Authority (CEA), three interstate transmission system (ISTS) schemes awarded under Read more
One new entrant features in the list of four bidders qualified for opening of initial price bids for an ISTS scheme housed under “Rajasthan IV 4B Power Transmission Ltd.” The new entrant Dineshchandra R. Agrawal Infracon Read more
Tata Power has formally acquired “ERES-XXXIX Power Transmission Ltd” – a project SPV for the development of an ISTS scheme in Odisha – from bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL). This becomes Read more
Power Grid Corporation of India Ltd (PGCIL) is set to win two more ISTS scheme under the TBCB modality – one each related to hydropower and nuclear energy evacuation. Addressing an investor conference, R.K. Tyagi, CMD, PGCIL, noted that Read more
Three developers have qualified for opening of initial price bids for an ISTS-TBCB scheme relating to evacuation from renewable energy zones in Rajasthan. It is reliably learnt that the three bidders in question are Power Grid Corporation of India Read more