PGCIL to upgrade Udumalpet-Madurai transmission line in Tamil Nadu

Power Grid Corporation of India Ltd (PGCIL) has planned to upgrade the Udumalpet-Madurai transmission line in Tamil Nadu. The 400kV Udumalpet-Madurai line is currently a single-circuit one and the plan will involve converting the same to a 400kV double-circuit Read more

ISTS-TBCB market in Q1FY27: Six schemes transferred, PGCIL leads

The first quarter (Q1: April to June) of FY27 saw six ISTS-TBCB schemes formally transferred to their winning developers. PGCIL led the market in terms of both number of schemes and tariff-based market share. According to an exclusive study Read more

PGCIL moving closer to acquiring Krishnagiri interstate transmission scheme

Power Grid Corporation of India Ltd (PGCIL is seen moving closer to acquiring the Krishnagiri REZ interstate transmission system (ISTS) scheme under TBCB, making it an important acquisition in terms of transmission tariff. It is reliably learnt that PGCIL Read more

RECPDCL transfers two ISTS schemes to winners under TBCB

Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has formally transferred project SPVs corresponding to two interstate transmission system (ISTS) scheme to their winning developers selected under the TBCB framework. The formal transfer of SPVs took place Read more

TARIL wins Rs.1,000-plus crore transformer order from PGCIL

Transformers & Rectifiers (India) Ltd (TARIL) has secured an order valued in excess of Rs.1,000 crore from Power Grid Corporation of India Ltd (PGCIL). In a release, TARIL said that the order entails manufacture and supply of transformers of Read more

PGCIL formally acquires project SPV “Kakinada I Transmission Ltd”

Having emerged as successful developer under the TBCB framework, Power Grid Corporation of India Ltd (PGCIL) has formally acquired “Kakinada I Transmission Ltd,” housing an interstate transmission system (ISTS) scheme in Karnataka. In a regulatory filing, PGCIL said that Read more

PGCIL fully commissions Ananthapuram-Kurnool interstate TBCB scheme

Power Grid Corporation of India Ltd (PGCIL) has announced the full commissioning of the Ananthapuram-Kurnool interstate transmission system (ISTS) scheme that it had won under the tariff-based competitive bidding (TBCB) mechanism. In a brief stock exchange notification, PGCIL said Read more

PGCIL set to clinch Bhadla-Ramgarh ISTS-TBCB scheme

Power Grid Corporation of India Ltd (PGCIL) is set to clinch the ISTS-TBCB scheme housed under “Bhadla Ramgarh Power Transmission Ltd,” getting the better of four other contenders. According to a reliable industry source, PGCIL has emerged L1 bidder Read more

Five shortlisted for Bhadla-Ramgarh interstate-TBCB scheme

Five bidders have qualified for opening of initial price bids with respect to an interstate transmission system (ISTS) scheme involving augmentation of three substations – Bhadla-III, Ramgarh and Kanpur. The ISTS-TBCB scheme is referred to as “Augmentation at Bhadla-III, Read more

Power ministry approves RTM component of Bikaner-V scheme

The Union power ministry recently approved one component of the Bikaner-V ISTS scheme, which would be implemented by Power Grid Corporation of India Ltd (PGCIL) under the regulated tariff mechanism (RTM) framework. The RTM component is Read more