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

PGCIL wins Jam Khambhaliya REZ interstate-TBCB scheme, receives letter of intent

Power Grid Corporation of India Ltd (PGCIL) has been declared as winner of the Jam Khambhaliya REZ interstate-TBCB scheme in Gujarat. In a brief stock exchange filing, PGCIL said that it has been declared as successful bidder under TBCB Read more

Bajel Projects associate AnantGrid receives LoI for Lakadia-A interstate-TBCB scheme

AnantGrid Projects One Pvt Ltd (AGPOPL) — a company jointly owned by Bajel Projects Ltd (26 per cent) and National Investment and Infrastructure Fund (74 per cent) has received the letter of intent (LoI) for developing the Lakadia-A Read more

Montecarlo receives LoI for Latur intrastate scheme in Maharashtra, its second TBCB win

Montecarlo Energy Ltd has recently received the letter of intent for the Latur intrastate-TBCB scheme in Maharashtra, making it the Gujarat-based company’s second TBCB win. Montecarlo Energy Ltd, a subsidiary of Ahmedabad-headquartered Montecarlo Ltd, received the LoI from bid Read more

PGCIL most likely to clinch Jam Khambhaliya REZ ISTS-TBCB scheme

Power Grid Corporation of India Ltd (PGCIL) is on its way to winning the Jam Khambhaliya REZ interstate scheme in Gujarat, under the tariff-based competitive bidding (TBCB) mechanism. An informed source said that PGCIL has emerged as L1 bidder Read more

Top three in the race for 765kV Pune-West intrastate-TBCB scheme in Maharashtra

The top three players are in the race for an intrastate-TBCB scheme in Maharashtra, entailing building of a 765kV GIS substation near Pune. It is learnt that bid process coordinator PFC Consulting Ltd has recently shortlisted the three most Read more

Adani Energy moves closer to acquiring Satara transmission scheme, its second ISTS-TBCB project in FY27

Adani Energy Solutions Ltd (AESL) has come very close to acquiring the Satara pumped storage transmission scheme, potentially making it the Adani Group entity’s second ISTS-TBCB win in FY27 so far. A very reliable industry source confirmed to tndindia.com Read more

Major interstate scheme planned in Madhya Pradesh for thermal and RE evacuation

A major interstate transmission system (ISTS) scheme has been proposed in Madhya Pradesh, which will address evacuation of both thermal power and renewable energy. The scheme, termed as “Common transmission system augmentation for evacuation of power from 2x800-MW Gadarwara-II Read more

Apraava Energy acquires ISTS-TBCB project SPV “Ananthapuram Transmission Ltd”

Apraava Energy, on August 3, 2026, acquired the special purpose vehicle (SPV), Ananthpuram Transmission Ltd, for developing an interstate transmission project in Ananthapur, Andhra Pradesh. The project was awarded through the Government of India's tariff-based competitive Read more