Karnataka

PFC Consulting incorporates SPV for under-bidding Satara interstate scheme

Bid process coordinator PFC Consulting Ltd (PFCCL) has newly incorporated a wholly-owned subsidiary for development of the Satara interstate-TBCB scheme, currently under bidding. In a stock exchange filing by Power Finance Corporation Ltd (PFC), the holding Read more

PGCIL subsidiary to augment Davangere Pooling Station under RTM

A TBCB subsidiary of Power Grid Corporation of India Ltd (PGCIL) has been assigned a project to augment the Davanagere pooling station in Karnataka, under the regulated tariff mechanism (RTM) framework. Very recent, Central Transmission Utility of India Ltd Read more

Tata Power enters Karnataka grid with Ryapte intrastate-TBCB scheme

Tata Power has received the formal letter of intent for developing the Ryapte intrastate scheme in Karnataka, for which the Tata Group entity had emerged as winning developer under the tariff-based competitive bidding (TBCB) mechanism.   With this, Tata Power Read more

Gooty-Tumkur line traversing Andhra Pradesh and Karnataka to be reconductored

The 400kV double-circuit Gooty-Tumkur (Pavagada) interstate line straddling Andhra Pradesh and Karnataka is to be reconductored under the regulated tariff mechanism. In its latest meeting, National Committee on Transmission (NCT) cleared this project for implementation by Read more

Bidders shortlisted for two intrastate-TBCB schemes in Karnataka, three new entrants

Bid process coordinator PFC Consulting Ltd (PFCCL) has recently shortlisted bidders, based on their technical bids, for opening of initial price bids with respect to two intrastate-TBCB schemes in Karnataka. The collective list includes three Read more

RECPDCL transfers two intrastate scheme SPVs to winning developers

Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has formally transferred the project special purpose vehicles (SPVs) of two intrastate transmission system (InSTS) schemes to their respective winning developers. Both the InSTS schemes are Read more

Fewer bidders for Ryapte intrastate scheme in fresh bidding round

The number of technically-qualified bidders for the re-bid Ryapte intrastate scheme in Karnataka has dropped to three as against five in the original bidding round that was rescinded. Notably, PGCIL has refrained from bidding. It is reliably learnt that Read more

PFC Consulting incorporates four SPVs for intrastate-TBCB schemes

Bid process coordinator PFC Consulting Ltd has newly incorporated four wholly-owned subsidiaries that will act as special purpose vehicles (SPVs) for the development of as many intrastate transmission system (InSTS) schemes, the developer of which Read more

Resonia secures Hampapura intrastate transmission scheme in Karnataka under TBCB

Resonia Ltd has received the letter of intent for developing the Hampapura intrastate transmission system (InSTS) scheme in Karnataka, under the tariff-based competitive bidding (TBCB) framework. According to a company release, bid process coordinator REC Power Development & Consultancy Read more

PGCIL receives letter of intent for Tumkur-II REZ interstate transmission scheme

Power Grid Corporation of India Ltd (PGCIL) has received the letter of intent for developing an interstate transmission system (ISTS) scheme in Karnataka, under the tariff-based competitive bidding (TBCB) mode. In a brief stock exchange filing, Read more