Bidders shortlisted for Jalna intrastate-TBCB scheme in Maharashtra

Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has shortlisted six bidders, based on technical bids, for opening of initial price bids with respect to the Jalna intrastate-TBCB scheme in Maharashtra. Housed under “Jalna Power Transmission Ltd,” Read more

RECPDCL seeking survey agencies for TBCB power transmission projects

REC Power Development & Consultancy Ltd (RECPDCL) is seeking survey agencies for pre-project work associated with transmission projects under the tariff-based competitive bidding (TBCB) framework. Bidding is currently underway and is scheduled to close on March 10, 2026. RECPDCL, through Read more

Maharashtra state transco debuts in TBCB, acquires two intrastate schemes

Maharashtra State Electricity Transmission Company Ltd (MSETCL) has debuted in the TBCB space by formally acquiring its first schemes – Umred and Saswad. Bid process coordinator REC Power Development & Consultancy Ltd, on February 26, 2026, formally transferred “Umred Read more

SPV incorporated for green hydrogen interstate scheme in Andhra Pradesh

Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has newly incorporated a wholly-owned subsidiary that will act as a special purpose vehicle for an ISTS scheme involving supply of RE power to upcoming green hydrogen plants Read more

MP Substation | T&D India

Two-way contest for Musalgaon intrastate TBCB scheme in Maharashtra

Bidding for the the Musalgaon intrastate scheme in Maharashtra has turned into a two-way contest between the state transco and a private developer. It is reliably learnt that only two entities – Maharashtra State Electricity Transmission Company Ltd ( Read more

Transmission system for 14 GW RE evacuation from Gujarat approved, five ISTS schemes to be developed under TBCB

A cluster of five interstate schemes together aiming to evacuate a massive 14 GW of power from RE-rich zones in Gujarat, has been approved for development under the tariff-based competitive bidding (TBCB) framework. In a recent meeting, National Committee Read more

PGCIL acquires Bellary Davanagere Transmission Ltd, its seventh interstate project SPV this fiscal

Power Grid Corporation of India Ltd (PGCIL) has acquired “Bellary Davanagere Transmission Ltd” from bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL). This is PGCIL’s seventh formal acquisition of a project SPV corresponding to an interstate Read more

Arunachal

Resonia emerges L1 for intrastate-TBCB scheme in Karnataka

Resonia Ltd has emerged L1 bidder for an intrastate transmission system (InSTS) scheme in Karnataka under the tariff-based competitive bidding (TBCB) framework, it is reliably learnt. According to an informed source, Resonia Ltd has emerged as the winning bidder Read more

GIS Substation | T&D India

Third intrastate-TBCB scheme in Karnataka to be awarded soon

Karnataka’s third intrastate scheme under the tariff-based competitive bidding (TBCB) framework is likely to be awarded soon. Five bidders have qualified, based on technical bids, for opening of initial price bids of the intrastate scheme termed Read more

REC strikes off project SPV from Register of Companies

REC Ltd in a stock exchange filing said that it has struck off a project special purpose vehicle (SPV), “Rajgarh III Power Transmission Ltd” from the Register of Companies on January 20, 2026. The said project Read more