PFCCL

PGCIL wins India’s first pure SynCon project under TBCB

Power Grid Corporation of India Ltd (PGCIL) has won India’s first ISTS-TBCB scheme purely dedicated to installation of synchronous condensers (SynCon). In a brief regulatory filing, PGCIL said that it has been selected as the winning developer for the Read more

Apraava Energy likely to clinch Ananthapuram-III interstate scheme under TBCB

Apraava Energy is likely to win the Ananthapuram-III interstate transmission system (ISTS) scheme under the tariff-based competitive bidding (TBCB) route. According to a reliable industry source, Apraava Energy (formerly CLP India) emerged as L1 bidder at the end of Read more

PFC Consulting incorporates SPV for under-bidding Satara interstate scheme

Bid process coordinator PFC Consulting Ltd (PFCCL) has newly incorporated a wholly-owned subsidiary for development of the Satara interstate-TBCB scheme, currently under bidding. In a stock exchange filing by Power Finance Corporation Ltd (PFC), the holding Read more

Four in the fray for India’s first SynCon scheme under TBCB

Four bidders have qualified for opening of initial price bids for developing India’s first TBCB scheme purely dedicated to installation of synchronous condensers (SynCon). Bid process coordinator PFC Consulting Ltd (PFCCL) has shortlisted the following four Read more

PGCIL moving closer to acquiring Krishnagiri interstate transmission scheme

Power Grid Corporation of India Ltd (PGCIL) is seen moving closer to acquiring the Krishnagiri REZ interstate transmission system (ISTS) scheme under TBCB, making it an important acquisition in terms of transmission tariff. It is reliably learnt that PGCIL Read more

Krishnagiri interstate scheme: Five qualified for price bid opening

Five bidders have been shortlisted for opening of initial price bids with respect to the Krishnagiri REZ interstate transmission system (ISTS) scheme. Bid process coordinator PFC Consulting Ltd (PFCCL) has qualified five bidders, on the basis of their technical Read more

PGCIL formally acquires project SPV “Kakinada I Transmission Ltd”

Having emerged as successful developer under the TBCB framework, Power Grid Corporation of India Ltd (PGCIL) has formally acquired “Kakinada I Transmission Ltd,” housing an interstate transmission system (ISTS) scheme in Andhra Pradesh. In a regulatory filing, PGCIL said Read more

Bidders shortlisted for Latur intrastate-TBCB scheme in Maharashtra

Bid process coordinator PFC Consulting Ltd (PFCCL) has shortlisted bidders for opening of initial price bids for an intrastate-TBCB scheme in Maharashtra, incorporated under “Latur REZ Transmission Ltd.”   The following seven bidders have been recently shortlisted, Read more

Bidders shortlisted for two intrastate-TBCB schemes in Karnataka, three new entrants

Bid process coordinator PFC Consulting Ltd (PFCCL) has recently shortlisted bidders, based on their technical bids, for opening of initial price bids with respect to two intrastate-TBCB schemes in Karnataka. The collective list includes three Read more

PGCIL, Resonia acquire interstate schemes under TBCB

Power Grid Corporation of India Ltd (PGCIL) and Resonia Ltd, in independent developments, have formally acquired one interstate transmission system (ISTS) scheme each, under the tariff-based competitive bidding (TBCB) framework. The project SPVs were formally acquired from bid process Read more