Maharashtra

Transrail Lighting plans entry in renewable energy segment, to acquire 49 per cent stake in NOPL

Transrail Lighting Ltd announced that its board of directors has approved the proposed acquisition of a 49 per cent equity stake in NOPL Pace Green Energy Pvt Ltd (NOPL), at a cash consideration of Rs.20 crore, subject to Read more

PGCIL wins 765kV Pune-West intrastate-TBCB scheme in Maharashtra, receives letter of intent

Power Grid Corporation of India Ltd (PGCIL) has received the letter of intent for developing an intrastate-TBCB scheme in Maharashtra involving a greenfield 765kV GIS substation near Pune. In a stock exchange filing, PGCIL said that it has been Read more

MERC grants transmission licence to Jalna intrastate-TBCB scheme in Maharashtra

In a very recent order, Maharashtra Electricity Regulatory Commission (MERC) granted transmission licence to “Jalna Power Transmission Ltd,” a TBCB subsidiary of state transco Maharashtra State Electricity Transmission Company Ltd (MSETCL). Jalna Power Transmission Ltd (JPTL) is developing an Read more

Adani Energy Solutions acquires project SPV “Satara Power Transmission Ltd”

Adani Energy Solutions Ltd (AESL), having emerged winner under the TBCB framework, has acquired project SPV “Satara Power Transmission Ltd” from bid process coordinator PFC Consulting Ltd. The formal acquisition was completed on October 6, 2026, Read more

Three intrastate-TBCB schemes in Maharashtra transferred to winning developers, big names score first wins

In a significant development for Maharashtra, the project SPVs of three intrastate-TBCB schemes were formally awarded to their respective winners. Big names in the interstate transmission domain marked their first intrastate wins in the western state. The project SPVs Read more

Winners declared for two more intrastate-TBCB schemes in Maharashtra

Winners of two intrastate transmission schemes in Maharashtra, under the tariff-based competitive bidding (TBCB) mechanism, have been announced. While Dilip Buildcon Ltd has notified stock exchanges that it has been declared L1 for the Yavatmal scheme, it is reliably Read more

Ashoka Buildcon acquires Sakoli intrastate-TBCB scheme in Maharashtra, enters development space

Ashoka Buildcon has formally acquired the project SPV associated with the Sakoli intrastate transmission system (InSTS) scheme in Maharashtra, which it won under the tariff-based competitive bidding (TBCB) route. The project SPV “Sakoli Power Transmission Ltd” was acquired from Read more

PGCIL acquires project SPV of Barmer HVDC transmission scheme won under TBCB

Power Grid Corporation of India Ltd (PGCIL) has formally acquired the project SPV associated with the Barmer HVDC interstate transmission scheme that the Central PSU had won under the tariff-based competitive bidding (TBCB) mechanism. The formal transfer of the Read more

Eight in the race for 765kV Parli substation scheme in Maharashtra

As many as eight bidders are in the fray for building a 765kV substation at Parli in Beed district, under the tariff-based competitive bidding (TBCB) framework. Bid process coordinator REC Power Development & Consultancy Ltd ( Read more

GK Energy makes foray in BESS sector, wins project in Maharashtra

GK Energy Ltd has entered the battery energy storage system (BESS) segment by winning a project in Maharashtra under competitive bidding. In a release, GK Energy said that it has received a letter of award from state discom Maharashtra Read more