PFCCL

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

Mahan Sipat | T&D India

Maharashtra lines up more intrastate schemes under TBCB

At least three more intrastate transmission system (InSTS) schemes are being planned in Maharashtra, under the tariff-based competitive bidding (TBCB) framework. It is reliably learnt that these schemes will soon come up for bidder selection with PFC Consulting Ltd Read more

RECPCDL incorporates SPV for interstate transmission scheme in Karnataka

Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has incorporated a wholly-owned subsidiary that will act as a project special purpose vehicle (SPV) for development of an ISTS scheme associated with renewable energy Read more

Bidding initiated for South Kalamb transmission scheme

Bid process coordinator PFC Consulting Ltd (PFCCL) recently initiated the bidder selection process for an interstate transmission system (ISTS) scheme concerning drawal of power at the upcoming South Kalamb substation in Maharashtra. The scheme is officially termed as “Network Read more

PGCIL clinches Mandsaur interstate scheme, its fifth ISTS-TBCB win this fiscal

Power Grid Corporation of India Ltd (PGCIL) has emerged as the successful bidder under the tariff-based competitive bidding (TBCB) modality for an interstate transmission system (ISTS) scheme housed under project SPV “Mandsaur I RE Transmission Ltd.” In a stock Read more

Ananthapuram and Mandsaur interstate transmission schemes move closer to award

Bidders have been shortlisted for opening of initial price bids with respect to two ISTS-TBCB schemes housed under project SPVs “Ananthapuram II Power Transmission Ltd” and “Mandsaur I RE Transmission Ltd.” In the case of the Ananthapuram scheme, bid Read more

Bidders shortlisted for interregional transmission scheme

Bid process coordinator PFC Consulting Ltd (PFCCL) has recently shortlisted bidders for opening of initial price bids relating to an interregional transmission scheme. Seven contenders have qualified, based on their technical bids, for opening of initial price bids. These Read more

Four qualify for HVDC-based interstate power transmission scheme

Four bidders have qualified for opening of initial price bids for what would be India’s third HVDC-based interstate transmission scheme to be awarded under the tariff-based competitive bidding (TBCB) framework. Bid process coordinator PFC Consulting Ltd ( Read more

Interstate system scheme planned for hydropower evacuation from Arunachal Pradesh

A new interstate transmission system (ISTS) scheme to facilitate hydropower evacuation from upcoming projects in Arunachal Pradesh has been proposed for development under the tariff-based competitive bidding (TBCB) route. The scheme, termed as “NERGS-III Siang Basin,” is expected to Read more