Bidding has begun for what would be the fourth intrastate transmission system (InSTS) scheme in Madhya Pradesh, being developed under the tariff-based competitive bidding (TBCB) mechanism. Bid process coordinator REC Power Development & Consultancy Ltd ( Read more
Tata Power has completed the formal acquisition of “Paradeep Transmission Ltd” from bid process coordinator PFC Consulting Ltd (PFCCL). Paradeep Transmission Ltd was incorporated on November 30, 2024 as a wholly-owned subsidiary of PFC Consulting Ltd Read more
Bid process coordinator PFC Consulting Ltd (PFCCL) has incorporated a wholly-owned subsidiary that will act as a special purpose vehicle (SPV) for development of an ISTS scheme in Karnataka. Incorporated on October 21, 2024, the newly-formed SPV is called Read more
Bid process coordinator PFC Consulting Ltd (PFCCL) has incorporated a wholly-owned subsidiary that will act as the project special purpose vehicle (SPV) for an ISTS scheme seeking to facilitate evacuation of RE power from Rajasthan, Read more
PFC Consulting Ltd (PFCCL), on October 15, 2024, transferred four project special purpose vehicles for development of interstate transmission system (ISTS) schemes, to their respective winning developers, selected under the tariff-based competitive bidding (TBCB) route. PFCCL was acting as Read more
Tata Power is among the four bidders that have qualified for opening of initial prices bids of the Eastern Region Expansion Scheme – XXXIX (ERES-XXXIX). Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has qualified four bidders Read more
Hectic activity was seen in the interstate transmission system (ISTS) development space during the first half (H1: April to September) of FY25, with a record number of schemes awarded under the tariff-based competitive bidding (TBCB) route. According to a Read more
Power Grid Corporation of India Ltd (PGCIL) continued its winning spree in the ISTS-TBCB space, this time receiving the letter of intent for a scheme in the Khavda area in Gujarat. In a brief stock exchange Read more
Bid process coordinator PFC Consulting Ltd (PFCCL) has recently appointed a technical consultant associated with an intrastate transmission system (InSTS) scheme in the Union territory of Jammu & Kashmir. According to information available with T&D India, Read more
Power Grid Corporation of India Ltd (PGCIL) said that it has received the letter of intent for the Jam Khambhaliya augmentation scheme, under the tariff-based competitive bidding (TBCB) route. In a brief stock exchange filing, PGCIL Read more