PFCCL

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

DRAIPL wins its third interstate transmission scheme in TBCB mode

Dineshchandra R. Agarwal Infracon Pvt Ltd (DRAIPL) has furthered its presence in the power transmission development space by acquiring its third interstate transmission system (ISTS) scheme under the tariff-based competitive bidding (TBCB) framework. The Ahmedabad-based infrastructure company, on May Read more

PFC Consulting incorporates SPV for SynCon transmission scheme

Bid process coordinator PFC Consulting Ltd (PFCCL) has incorporated a wholly-owned subsidiary that will act as a special purpose vehicle to house India’s first interstate-TBCB scheme purely dedicated to installation of synchronous condenser (SynCon) units. In a brief regulatory Read more

PFC Consulting incorporates four SPVs for intrastate-TBCB schemes

Bid process coordinator PFC Consulting Ltd has newly incorporated four wholly-owned subsidiaries that will act as special purpose vehicles (SPVs) for the development of as many intrastate transmission system (InSTS) schemes, the developer of which Read more

Only two in the race for Wahipora intrastate scheme in Jammu & Kashmir

Only two entities are in the fray for the Wahipora intrastate transmission system (InSTS)-TBC scheme in the Union Territory of Jammu & Kashmir. It is reliably learnt that only Power Grid Corporation of India Ltd (PGCIL) Read more

Adani Energy formally acquires South Kalamb interstate-TBCB transmission scheme

Adani Energy Solutions Ltd (AESL) has formally acquired project SPV “South Kalamb Power Transmission Ltd,” from bid process coordinator PFC Consulting Ltd (PFCCL). AESL emerged as the winning bidder of this scheme under the tariff-based competitive bidding (TBCB) route. Read more

Bidders shortlisted for three ISTS-TBCB schemes

Bid process coordinator PFC Consulting Ltd (PFCCL) has shortlisted bidders for opening of initial price bids with respect to three interstate transmission system (ISTS) schemes being developed under the tariff-based competitive bidding (TBCB) route.   The broad details of the Read more

KCC Buildcon becomes newest power transmission developer, acquires Wagdari intrastate scheme in Maharashtra under TBCB

Gurugram-headquartered KCC Buildcon Pvt Ltd has become the latest entrant in the power transmission development space under the tariff-based competitive bidding (TBCB) framework, by acquiring the Wagdari intrastate scheme in Maharashtra. On March 27, 2026, bid process coordinator PFC Read more

Chhattisgarh adopts TBCB route for intrastate grid development

Chhattisgarh has joined the growing list of states to adopt the tariff-based competitive bidding (TBCB) framework for development of intrastate transmission projects. It is reliably learnt that Chhattisgarh will soon be floating bids from potential developers Read more

New interstate transmission scheme proposed for pumped storage projects in Satara region

A new interstate transmission system (ISTS) scheme enabling transfer of up to 4,500 MW for upcoming pumped storage projects (PSP) in the Satara region of Maharashtra has been proposed for implementation under the TBCB route. The Read more