Karnataka readies to award its second intrastate scheme under TBCB

Karnataka is close to awarding its second intrastate scheme under the tariff-based competitive bidding (TBCB) framework. It is reliably learnt that bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has shortlisted five bidders for opening of initial 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

MP Substation | T&D India

Four contenders qualify for Davanagere-Bellary interstate scheme in Karnataka

Four developers – three seasoned and a new entrant – have qualified for opening of initial price bids with respect to an interstate transmission system (ISTS) scheme aiming to integrate renewable energy potential at Davanagere Read more

Dilip Buildcon set to enter power transmission development, named L1 for intrastate scheme in Karnataka

Dilip Buildcon Ltd is set to make its debut in the power transmission development space, having been named L1 bidder for an intrastate scheme in Karnataka, under the tariff-based competitive bidding (TBCB) mode. In a regulatory filing, Dilip Buildcon Read more

Karnataka close to awarding intrastate transmission scheme under TBCB

Karnataka has moved closer to awarding an interstate transmission scheme under the tariff-based competitive bidding (TBCB) mechanism.   This scheme, according to an assessment by tndindia.com, is the first intrastate transmission system (InSTS) scheme to be awarded under the TBCB Read more

IndiGrid to acquire Gadag Transmission from ReNew Power

IndiGrid Infrastructure Trust (IndiGrid) has announced the execution of definitive agreements to acquire Gadag Transmission Ltd. In a release, IndiGrid said that the Karnataka-based interstate transmission system (ISTS) project will be acquired at an enterprise value Read more

RECPCDL incorporates SPV for interstate transmission scheme in Karnataka

Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has incorporated a wholly-owned subsidiary that will act as a project special purpose vehicle (SPV) for development of an ISTS scheme associated with renewable energy Read more

RECPDCL hands over project SPV “Davanagere Power Transmission Ltd” to PGCIL

Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) completed the formal handover of project SPV “Davanagere Power Transmission Ltd,” housing an interstate transmission system (ISTS) scheme, to Power Grid Corporation of India Ltd Read more

Hitachi Energy India to expand Mysuru facility, plans Rs.300 crore capex

Hitachi Energy India Ltd has announced an investment of Rs.300 crore in its insulation and components business in India by expanding its manufacturing facility in Mysuru, Karnataka. To be completed by mid-2027, the expansion will double the facility's capacity Read more