ISTS

PGCIL gets letter of intent for three ISTS-TBCB schemes

Power Grid Corporation of India Ltd (PGCIL), on March 3, 2025, received the letter of intent as successful developer for three interstate transmission system (ISTS) schemes under the tariff-based competitive bidding (TBCB) modality. In a brief stock exchange filing, Read more

PFC Consulting qualifies bidders for five ISTS-TBCB schemes

Bid process coordinator PFC Consulting Ltd (PFCCL) has prequalified bidders for five ISTS-TBCB schemes, the final awards of which are expected by end of March 2025. According to a study by T&D India, PFCCL, over the recent past, has Read more

Two ISTS-TBCB schemes in Gujarat facing “single-bidder” status now proposed under RTM

Stuck with “single-bidder” status despite extension in bidding timelines, two ISTS-TBCB schemes will now come up under the regulated tariff mechanism (RTM) mode. In its latest meeting, National Committee on Transmission (NCT) proposed the deployment of RTM framework for Read more

KEC

Three top players in the fray for major ISTS scheme spanning Rajasthan, MP

Three of the biggest developers are in the fray for an interstate transmission system (ISTS) scheme straddling Rajasthan and Madhya Pradesh. It is reliably learnt that Power Grid Corporation of India Ltd (PGCIL), Sterlite Power (now Read more

Five qualify for Kurnool IV interstate transmission scheme

Five developers have been prequalified for opening of initial price bids of an ISTS-TBCB scheme housed under “Kurnool-IV Transmission Ltd.” Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has pre-qualified the following five entities: Power Grid Corporation Read more

PFCCL incorporates SPV for green hydrogen ISTS scheme in Andhra Pradesh

Bid process coordinator PFC Consulting Ltd (PFCCL) has newly incorporated a project special purpose vehicle (SPV) for developing an ISTS-TBCB scheme for feeding upcoming green hydrogen plants in Andhra Pradesh. In a stock exchange filing, PFCCL said that it Read more

PGCIL acquires two more ISTS-TBCB schemes, takes FY25 tally to 20

Power Grid Corporation of India Ltd (PGCIL) has formally acquired two more project SPVs related to ISTS-TBCB schemes, taking its total tally in FY25 so far to twenty. On February 18, 2025, bid process coordinator REC Power Development & Read more

New entrant in power transmission development space

A new entrant is seen emerging in the power transmission development space, as seen from the initial bidding results of an ISTS-TBCB scheme housed under “Banaskantha Transco Ltd.” The new entrant is Gurugram-headquartered KCC Buildcon Pvt Ltd, which specializes Read more

PGCIL named successful bidder for two ISTS-TBCB schemes

Power Grid Corporation of India Ltd (PGCIL) has been named as successful bidder under the tariff-based competitive bidding (TBCB) mechanism for two interstate transmission system (ISTS) schemes. In a stock exchange communication, PGCIL Read more

Sterlite Power TL | T&D India

Sterlite Power commissions Nangalbibra-Bongaigaon transmission line

Sterlite Power has announced the successful commissioning of the 400kV double-circuit Nangalbibra - Bongaigaon transmission line, which is part of an interstate transmission system (ISTS) scheme. Through its special purpose vehicle (SPV) execution, the project strengthens Read more