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
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
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
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 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 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 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
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
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 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