Bid process coordinator PFC Consulting Ltd (PFCCL) has newly incorporated a wholly-owned subsidiary that will act as a project special purpose vehicle (SPV) for developing an intrastate scheme in Maharashtra under the tariff-based competitive bidding mechanism. The project SPV Read more
Tata Power has won an intrastate transmission system (InSTS) scheme in Maharashtra under the tariff-based competitive bidding (TBCB) modality. In a regulatory filing, Tata Power said that it has received the letter of intent from bid process coordinator REC Read more
Three more intrastate transmission system (InSTS) schemes are coming up in Maharashtra under the tariff-based competitive bidding (TBCB) framework. Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has recently initiated the Read more
Gurugram-headquartered Ceigall India Ltd is set to formally acquire an intrastate transmission system (InSTS) scheme in Maharashtra under the tariff-based competitive bidding (TBCB) framework. Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL), on November Read more
Bid process coordinator PFC Consulting Ltd (PFCCL) has shortlisted five bidders for opening of initial price bids for an intrastate transmission system (InSTS) scheme in Maharashtra, deploying the tariff-based competitive bidding (TBCB) modality. The bidders qualified are Power Grid Read more
Seven bidders have qualified for opening of initial price bids for an intrastate transmission system (InSTS) scheme in Maharashtra, where bidder selection is taking place through the tariff-based competitive bidding mechanism. It is reliably learnt that bid process coordinator Read more
Adani Energy Solutions Ltd (AESL) is scheduled to commission a critical component of its HVDC-based power transmission project in Mumbai by December 2025 or latest by January 2026. Besides, AESL is also favourably placed in an interstate HVDC Read more
Maharashtra has extended the TBCB philosophy to yet another project, this time a 220kV substation at Musalgaon in Nashik district. REC Power Development & Consultancy Ltd (RECPDCL), the bid process coordinator, has recently initiated the bidder selection process, the Read more
Maharashtra State Electricity Distribution Company Ltd (MSEDCL) and the Global Energy Alliance for People and Planet (The Alliance) have signed a statement of intent (SOI) to jointly modernize Maharashtra’s power distribution network. The partnership will focus on accelerating the Read more
Central Electricity Regulatory Commission (CERC) has adopted and approved the annual transmission charges (tariff) associated with an ISTS-TBCB scheme housed under “WRNES Talegaon Power Transmission Ltd,” a subsidiary of Adani Energy Solutions Ltd (AESL). AESL was Read more