PGCIL

PGCIL accounts for over half of transmission line addition in Q1FY27

Power Grid Corporation of India Ltd (PGCIL) accounted for over half of the total transmission line network commissioned in the first quarter (Q1: April to June) of FY27, official statistics suggest. According to latest statistics released by Central Electricity Read more

PGCIL, EnerGrid formally acquire project SPVs of ISTS-TBCB schemes

Power Grid Corporation of India Ltd (PGCIL) and EnerGrid, on July 29, 2026, formally acquired project SPVs of ISTS schemes that the two developers had won under the tariff-based competitive bidding (TBCB) mechanism. These SPVs were incorporated as wholly-owned Read more

Merger of TBCB subsidiaries: PGCIL progresses with second phase

Power Grid Corporation of India Ltd (PGCIL) is progressing with the second phase of restructuring its wholly-owned TBCB subsidiaries. PGCIL has filed two petitions in this regard with Central Electricity Regulatory Commission (CERC) and the same Read more

PGCIL wins India’s first pure SynCon project under TBCB

Power Grid Corporation of India Ltd (PGCIL) has won India’s first ISTS-TBCB scheme purely dedicated to installation of synchronous condensers (SynCon). In a brief regulatory filing, PGCIL said that it has been selected as the winning developer for the Read more

PGCIL commissions Khavda RE evacuation scheme component under RTM

Power Grid Corporation of India Ltd (PGCIL) has announced the commissioning of an interstate transmission system (ISTS) scheme relating to evacuation of RE power from Khavda area in Gujarat. In a brief stock exchange filing, PGCIL Read more

PGCIL receives letters of intent for two ISTS-TBCB schemes

Power Grid Corporation of India Ltd (PGCIL) has received letters of intent for development of two interstate transmission system (ISTS) schemes for which it emerged as winning developer under the tariff-based competitive bidding (TBCB) mechanism. In brief stock exchange Read more

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