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
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
Serentica Renewables has announced plans to invest Rs.1 lakh crore (Rs.1 trillion) in the coming years in Rajasthan, with more than Rs.10,000 crore already deployed. In a release, Serentica said that the state today accounts for over 50 per Read more
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
In its most recent meeting, the National Committee on Transmission (NCT) has proposed to implement the “Bikaner-V” scheme aimed at providing ISTS connectivity to RE projects in the Bikaner region in Rajasthan. The scheme under discussion Read more
Atlanta Electricals Ltd has announced the winning of a Rs.190-crore order for supplying transformers to the Rajasthan state transmission operator. In a release, Atlanta Electricals Ltd said that it has received a notification of award from Rajasthan Rajya Vidyut Read more
Saatvik Green Energy Ltd has announced the acquisition of 80 per cent equity stake in Melcon Transformers & Electricals Pvt Ltd, a Jaipur-based transformer manufacturer. The share purchase agreement was signed on April 23, 2026, Saatvik said in a Read more
Bid process coordinator PFC Consulting Ltd has newly incorporated four wholly-owned subsidiaries that will act as special purpose vehicles (SPVs) for the development of as many intrastate transmission system (InSTS) schemes, the developer of which Read more
Relux Electric intends to accelerate development of its EV charging infrastructure, focusing specially on Punjab and Rajasthan. In a release, Relux Electric said that it will speed up development of its EV charging infrastructure on key routes and high-growth Read more
A new interstate scheme relating to the Bikaner-V pooling station in Rajasthan will come up for bidding only after more deliberations at the next meeting of National Committee on Transmission (NCT). The interstate transmission system ( Read more