PFCCL

L&T

PFC Consulting shortlists bidders for Dharashiv intrastate scheme in Maharashtra

Bid process coordinator PFC Consulting Ltd (PFCCL) has shortlisted five bidders for opening of initial price bids for an intrastate transmission system (InSTS) scheme in Maharashtra, deploying the tariff-based competitive bidding (TBCB) modality. The bidders qualified are Power Grid Read more

PGCIL set to commission two Khavda RE evacuation schemes by December 2025

Power Grid Corporation of India Ltd (PGCIL) is scheduled to fully commission two ISTS-TBCB schemes, both involving RE evacuation from Khavda region in Gujarat, by December 2025. These two schemes will together add 959 ckm of 765kV transmission lines Read more

MPPTCL

Morena transmission scheme generates good bidder response

The interstate transmission scheme for evacuating power from the Morena SEZ in Madhya Pradesh has generated good response from bidders. It is reliably learnt that bid process coordinator PFC Consulting Ltd (PFCCL) has qualified as many Read more

CERC approves transmission charges of Raghanesda RE Transmission

Central Electricity Regulatory Commission (CERC) has adopted and approved the annual transmission charges (tariff) associated with an ISTS-TBCB scheme housed under “Raghanesda RE Transmission Ltd,” a wholly-owned subsidiary of Dineshchandra R. Agrawal Infracon Pvt Ltd (DRAIPL). In a very Read more

PGCIL formally acquires two interstate schemes, takes FY26 tally to five

Power Grid Corporation of India Ltd (PGCIL) recently completed the formal acquisition of two project special purpose vehicles (SPV) corresponding to as many interstate transmission schemes that the Central PSU had won under the tariff-based competitive bidding (TBCB) Read more

Bidder selection process initiated for NERGS-III scheme

The bidder selection process for an ISTS-TBCB scheme “North Eastern Region Growth Scheme-III Siang Basin” has newly begun. The NERGS-III Siang Basin scheme has PFC Consulting Ltd (PFCCL) as its bid process coordinator. By current timelines, Read more

India’s first synchronous condenser (SynCon) project under TBCB, approved

India’s very first project for deploying of synchronous condenser (SynCon) units for implementation under the TBCB route was recently approved by NCT. In its latest meeting, the National Committee on Transmission (NCT) approved an ISTS scheme officially referred to Read more

PGCIL acquires “Mandsaur I RE Transmission Ltd” from PFC Consulting

Power Grid Corporation of India Ltd (PGCIL) has formally acquired project special purpose vehicle “Mandsaur I RE Transmission Ltd” from bid process coordinator PFC Consulting Ltd (PFCCL). Mandsaur Read more

ISTS-TBCB in H1FY26: Winners declared for 12 schemes, seven SPVs transferred

Winners were declared for a total of 12 interstate transmission system (ISTS) schemes under the tariff-based competitive bidding (TBCB) mechanism during the first half (H1: April to September) of the current fiscal year FY26, according to a special Read more

SPVs incorporated for power transmission schemes under TBCB

Three special purpose vehicles have newly been incorporated for housing power transmission schemes that will be bid out under the tariff-based competitive bidding (TBCB) mechanism. While two SPVs – one each for an interstate and intrastate scheme – have Read more