South Kalamb transmission scheme planned under TBCB-RTM hybrid mode

A new interstate transmission system (ISTS) scheme associated with the upcoming South Kalamb substation in Maharashtra is in the making. The project will involve a mix of TBCB and RTM modalities. Called “Network expansion scheme for Read more

“Equal distribution” seen in award of ISTS-TBCB schemes this fiscal

It has been a very interesting case of “equal distribution” of ISTS-TBCB schemes formally transferred to winning developers during the current fiscal year, up to July 23, 2025. During the said period, a total of four ISTS-TBCB schemes were Read more

Sterlite Khargone | T&D India

Resonia, DRAIPL win ISTS-TBCB schemes, PFCCL formally transfers SPVs

Resonia Ltd (formerly Sterlite Power) and Dineshchandra R. Agrawal Infracon Pvt Ltd (DRAIPL) have won one interstate transmission system (ISTS) scheme each, under the tariff-based competitive bidding (TBCB) framework. Bid process coordinator PFC Consulting Ltd ( Read more

ISTS-TBCB market takes a breather, only two schemes formally awarded in Q1FY26

After a hectic FY25 when a record 45 schemes were formally awarded, the ISTS-TBCB market has taken a breather this fiscal with just two schemes transferred to winning developers in the first quarter. According to an exclusive study by Read more

Bidding underway for interregional schemes in TBCB mode

The bidder selection process for two important interregional transmission schemes is currently underway. Bid process coordinators REC Power Development & Consultancy Ltd (RECPDCL) and PFC Consulting Ltd (PFCCL) have recently initiated the bidder selection process for Read more

Linxon Gaya AIS LR | T&D India

PFC Consulting incorporates SPV for intrastate scheme in Maharashtra

Bid process coordinator PFC Consulting Ltd (PFCCL) has incorporated a wholly-owned subsidiary that will act as a special purpose vehicle to develop an intrastate scheme in Maharashtra, under the TBCB framework. In a stock exchange filing, Read more

Joda-Barbil intrastate scheme in Odisha: Bidding annulled for the second time

Bid process coordinator PFC Consulting Ltd (PFCCL) has annulled the bidding process for the Joda-Barbil intrastate transmission system (InSTS) scheme in Odisha. This is for the second time that bidding for this scheme has been Read more

Three contenders qualify in re-bidding of “ERGS-I” ISTS scheme in Odisha

Bid process coordinator PFC Consulting Ltd (PFCCL) has qualified three bidders for opening of initial price bids under the fresh round of bidding for the “Eastern Region Generation Scheme-I (ERGS-I)” scheme in Odisha. It is reliably learnt that a Read more

RECPDCL to strike off project SPV of de-notified ISTS-TBCB scheme

Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has proposed to strike off a wholly-owned subsidiary that was incorporated to act as a project SPV of an ISTS-TBCB scheme that has since been de-notified. In a stock Read more

New entrant among those qualified for Raghanesda ISTS-TBCB scheme

Eight bidders, including a new entrant, have qualified for opening of initial price bids for an ISTS-TBCB scheme housed under “Raghanesda RE Transmission Ltd” and taking shape in Gujarat. The new entrant – Kalthia Engineering & Construction Ltd – Read more