REC strikes off project SPV from Register of Companies

REC Ltd in a stock exchange filing said that it has struck off a project special purpose vehicle (SPV), “Rajgarh III Power Transmission Ltd” from the Register of Companies on January 20, 2026. The said project Read more

G R Infraprojects set to win its fifth ISTS-TBCB scheme, emerges L1 for Rajgarh-Neemuch

G R Infraprojects Ltd (GRIL) has emerged L1 bidder for an interstate transmission system (ISTS) scheme in Madhya Pradesh, potentially making it the fifth win for the Gurugram-headquartered company. In a stock exchange filing, GRIL said Read more

More aspirants emerge in interstate transmission development space

More aspirants are seen emerging in the interstate transmission system (ISTS) development space, under the tariff-based competitive bidding (TBCB) mechanism. For an ISTS-TBCB scheme housed under “Rajgarh Neemuch Transmission Ltd,” bid process coordinator Read more

Tata Power Renewables commissions Neemuch solar project in MP

Tata Power Renewable Energy Ltd (TPREL), a subsidiary of Tata Power, has successfully commissioned a 431-MW (DC) solar project at Neemuch in Madhya Pradesh. Perceived to be one of India’s most cost-effective bids for large-scale solar energy production, the Read more

More ISTS-TBCB schemes planned for RE evacuation from Madhya Pradesh

Two ISTS schemes for renewable energy evacuation from Madhya Pradesh, which will be awarded under the TBCB modality, were recently approved by National Committee on Transmission. The two schemes will facilitate RE evacuation from the solar Read more

KEC

PGCIL commissions Neemuch interstate transmission system project

    Power Grid Corporation of India Ltd (PGCIL) has announced the completion of an interstate transmission system (ISTS) scheme, housed under its wholly-owned subsidiary “Powergrid Neemuch Transmission System Ltd”. In a brief stock exchange filing, PGCIL said Read more

KEC

CERC issues transmission licence to Neemuch TBCB project

  Central Electricity Regulatory Commission (CERC), in its order dated December 1, 2022, has granted ISTS transmission licence to Powergrid Neemuch Transmission Ltd. Powergrid Neemuch Transmission Ltd (PNTL, originally known as Neemuch Transmission Ltd) is developing an interstate transmission system Read more

Neemuch SPV transfer | T&D India

PGCIL wins Neemuch transmission scheme in TBCB mode, SPV handed over

Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has handed over project special purpose vehicle “Neemuch Transmission Ltd” to Power Grid Corporation of India Ltd (PGCIL), the successful developer. PGCIL was selected as the developer under the Read more