Maharashtra cabinet approves bifurcation and IPO of state discom

The Maharashtra state cabinet on April 7, 2026, approved the proposal to launch the initial public offering (IPO) of state discom Maharashtra State Electricity Distribution Company Ltd (MSEDCL). This potentially makes MSEDCL the country’s first state-owned discom to be Read more

Vikran Engineering secures Rs.531-crore orders from MSEDCL in Maharashtra

Vikran Engineering Ltd has announced the winning of two letters of award from state discom Maharashtra State Electricity Distribution Company Ltd (MSEDCL) for power distribution works together valued at Rs.503.80 crore. In a release, Vikran Engineering Read more

One new entrant among six qualified for Ambernath intrastate scheme in Maharashtra

Six developers, including a new entrant, have been qualified for opening of initial price bids for the Ambernath intrastate transmission scheme in Maharashtra. It is reliably learnt that bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has Read more

Adani Energy formally acquires South Kalamb interstate-TBCB transmission scheme

Adani Energy Solutions Ltd (AESL) has formally acquired project SPV “South Kalamb Power Transmission Ltd,” from bid process coordinator PFC Consulting Ltd (PFCCL). AESL emerged as the winning bidder of this scheme under the tariff-based competitive bidding (TBCB) route. Read more

KCC Buildcon becomes newest power transmission developer, acquires Wagdari intrastate scheme in Maharashtra under TBCB

Gurugram-headquartered KCC Buildcon Pvt Ltd has become the latest entrant in the power transmission development space under the tariff-based competitive bidding (TBCB) framework, by acquiring the Wagdari intrastate scheme in Maharashtra. On March 27, 2026, bid process coordinator PFC Read more

New interstate transmission scheme proposed for pumped storage projects in Satara region

A new interstate transmission system (ISTS) scheme enabling transfer of up to 4,500 MW for upcoming pumped storage projects (PSP) in the Satara region of Maharashtra has been proposed for implementation under the TBCB route. The Read more

ANDRITZ secures major order from Tata Power for 1,000-MW Bhivpuri PSP

ANDRITZ has received a significant order from Tata Power, one of India's largest integrated power companies, to supply pumped storage units for the upcoming 1,000 MW Bhivpuri pumped storage plant in Maharashtra. The order, valued in the low three-digit Read more

Bajel Projects lands its single-largest power transmission EPC order

Bajel Projects Ltd has been an awarded an EPC order, valued at over Rs.700 crore, making it the company’s single-largest order in the power transmission vertical. In a release, Bajel Projects said that the order was placed by state Read more

Two intrastate-TBCB schemes in Maharashtra transferred to winning developers

Bid process coordinator PFC Consulting Ltd (PFCCL), on March 12, 2026, formally transferred two intrastate transmission system (InSTS) schemes to their respective winners – Power Grid Corporation of India Ltd (PGCIL) and Montecarlo Ltd – Read more

Bidders shortlisted for Jalna intrastate-TBCB scheme in Maharashtra

Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has shortlisted six bidders, based on technical bids, for opening of initial price bids with respect to the Jalna intrastate-TBCB scheme in Maharashtra. Housed under “Jalna Read more