PFCCL

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

All five project SPVs of Gujarat 14-GW RE scheme transferred to winning developers

In a very significant development, all the five project SPVs corresponding to TBCB components of the mega 14-GW RE evacuation scheme in Gujarat were transferred to their respective winning developers on October 12, 2026. While bid process coordinator PFC 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

Bidders shortlisted for two more intrastate schemes in Maharashtra

Bidders have been shortlisted for opening of initial price bids with respect to two more intrastate schemes in Maharashtra, under the tariff-based competitive bidding (TBCB) mechanism. Here are the broad details Scheme: Establishment of 400kV GIS Igatpuri / Murbad Switching Read more

PGCIL most likely to win Lakadia-C interstate scheme, emerges L1

Power Grid Corporation of India Ltd (PGCIL) is most likely to be declared winner of the ISTS-TBCB scheme housed under “Lakadia C Power Transmission Ltd.” It is reliably learnt that PGCIL has emerged as L1 bidder Read more

CERC approves tariff of Powergrid Mahan Rewa Transmission

Central Electricity Regulatory Commission (CERC) has adopted and approved the tariff associated with the ISTS-TBCB scheme being developed by project SPV “Powergrid Mahan Rewa Transmission Ltd,” a wholly-owned subsidiary of Power Grid Corporation of India Ltd ( Read more

Six shortlisted for “Lakadia-C” interstate scheme, part of Gujarat 14-GW RE evacuation plan

Six bidders have been shortlisted for opening of initial price bids of an interstate-TBCB scheme housed under “Lakadia C Power Transmission Ltd,” which is part of an overall project to evacuate 14 GW of RE power from Gujarat. The Read more

Intrastate-TBCB scheme in J&K comes up for re-bidding in revised format

An intrastate transmission scheme in the UT of Jammu & Kashmir, for which bidder selection process had begun, has come up for fresh bidding. The original scheme has now been bifurcated into two independent ones. The scheme in question Read more

PGCIL formally acquires project SPV of India’s first pure SynCon project under TBCB

Power Grid Corporation of India Ltd (PGCIL) has formally acquired the project SPV housing India’s first TBCB scheme purely involving installation of synchronous condensers. In a regulatory filing, PGCIL said that the project SPV “Fatehgarh II Transmission Ltd” was Read more