RECPDCL issues letters of intent for two ISTS-TBCB schemes, PGCIL and GRIL are selected bidders

Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has awarded letters of intent to winning developers selected under the TBCB framework, for two interstate transmission system (ISTS) schemes. The selected developers are Power Grid Read more

PGCIL committee approves investment in NERES-XXIII

The Committee of Directors on Investment on Projects of Power Grid Corporation of India Ltd (PGCIL) has approved investment of nearly Rs.210 crore in an interstate scheme taking shape in northeast India. In a brief stock exchange filing, PGCIL Read more

Adani

PGCIL commissions KPS3 interstate transmission scheme in Gujarat

Power Grid Corporation of India Ltd (PGCIL) has announced the commissioning of an ISTS-TBCB scheme by its wholly-owned subsidiary “Powergrid KPS3 Transmission Ltd.” In a brief stock exchange filing, PGCIL said that Powergrid KPS3 Transmission Ltd has fully commissioned Read more

CERC adopts tariff of Chitradurga-Bellary ISTS scheme

Central Electricity Regulatory Commission (CERC) has adopted the annual transmission charge (tariff) associated with the Chitradurga-Bellary REZ interstate transmission system (ISTS) scheme in Karnataka. The scheme is officially referred to as “Transmission scheme for integration of Read more

Khavda RE transmission system scheme completed

Power Grid Corporation of India Ltd (PGCIL) has completed an interstate transmission system (ISTS) scheme associated with integration of renewable energy projects from Khavda RE zone in Gujarat. According to latest statistics released Read more

Tendering for Ladakh HVDC project delayed further

A further delay of around three months is likely in awarding contracts for the mega Ladakh HVDC project that Power Grid Corporation of India Ltd (PGCIL) has been mandated to develop under the regulated tariff Read more

PGCIL’s work-in-hand estimated at Rs.1.5 trillion, TBCB dominates

Power Grid Corporation of India Ltd (PGCIL) has estimated its current work-in-hand at nearly Rs.1.5 trillion, with a clear dominance of projects won under the tariff-based competitive bidding (TBCB) framework. As of July 26, 2025, PGCIL’s Read more

PGCIL records over 50 per cent capex growth in Q1FY26

Power Grid Corporation of India Ltd (PGCIL) has recorded a year-on-year growth of over 50 per cent in capital expenditure (capex) during the first quarter (Q1: April to June) of FY26. Read more

Four in race for Jejuri-Hinjewadi intrastate scheme in Maharashtra

Power Grid Corporation of India Ltd (PGCIL) along with three biggest private sector developers are in the fray for an intrastate transmission system (InSTS) scheme taking shape in the Pune region of Maharashtra. It is reliably Read more

Seven qualify for Velgaon intrastate transmission scheme in Maharashtra

Seven entities have qualified for opening of price bids for an intrastate transmission system (InSTS) scheme in Maharashtra, housed under “Velgaon Power Transmission Ltd.” The scheme is being developed under the tariff-based competitive bidding (TBCB) mechanism with REC Power Read more