Mekhali

First set of intrastate-TBCB schemes in Karnataka granted transmission licence

The very first set of intrastate schemes in Karnataka, awarded under the tariff-based competitive bidding (TBCB) route, have been granted transmission licence. In recent orders, Karnataka Electricity Regulatory Commission (KERC) granted transmission licence to two intrastate schemes – Mekhali Read more

Dilip Buildcon executes agreement with Alpha Alternatives for equity stake sale in Mekhali transmission scheme

Dilip Buildcon Ltd (DBL) has announced execution of definitive agreements for divestment of its stake in Mekhali Power Transmission Ltd, the SPV housing an intrastate transmission scheme in Karnataka, to Alpha Alternatives Fund Advisors LLP and/or its affiliates Read more

Dilip Buildcon to sell stake in under-construction power transmission asset

The board of directors of Dilip Buildcon Ltd has approved the proposal to divest the company’s stake in its under-construction power transmission and solar assets. In its meeting of August 10, 2026, the board approved sale of Mekhali Power Read more

RECPDCL transfers two intrastate scheme SPVs to winning developers

Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has formally transferred the project special purpose vehicles (SPVs) of two intrastate transmission system (InSTS) schemes to their respective winning developers. Both the InSTS schemes are Read more

Dilip Buildcon receives letter of intent for Mekhali intrastate-TBCB scheme in Karnataka

Dilip Buildcon Ltd has received the letter of intent from bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) for an intrastate-TBCB scheme in Karnataka, housed under “Mekhali Power Transmission Ltd.” As reported 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