Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has proposed to strike off a wholly-owned subsidiary that was incorporated to act as a project SPV of an ISTS-TBCB scheme that has since been de-notified. In a stock Read more
Central Electricity Regulatory Commission (CERC) has adopted and approved the transmission charges (tariff) associated with an ISTS-TBCB scheme housed under “Bidar Transco Ltd,” a subsidiary of Power Grid Corporation of India Ltd (PGCIL). In a very Read more
This exclusive story takes a closer look at the bidding process of the Rajasthan HVDC project – the first ISTS-TBCB scheme involving HVDC infrastructure awarded to a private entity. On January 20, 2025, Adani Energy Solutions Ltd (AESL) formally Read more
Adani Energy Solutions Ltd (AESL) has won an interstate transmission system (ISTS) scheme in Maharashtra under the tariff-based competitive bidding (TBCB) mechanism. In a release, AESL said that the project scope involves setting up of 3,000 MVA of transformation Read more
Karnataka, which recently heralded the TBCB modality for its intrastate grid development, has planned more schemes under the same framework. It is learnt that Karnataka now a total of four intrastate transmission system (InSTS) schemes that will be awarded Read more
Karnataka has deployed the tariff-based competitive bidding (TBCB) framework for development of intrastate transmission infrastructure. According to information available with T&D India, this is the first instance where the TBCB modality is being employed by Karnataka Read more
Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has begun the bidder selection process for an interstate transmission system (ISTS) scheme involving evacuation of power from upcoming pumped storage projects in Uttar Pradesh. Termed Read more
Fiscal year FY25 that closed on March 31, 2025 has been a record year for the ISTS-TBCB market, on several counts. Based on an exclusive study by T&D India, FY25 saw as many as 45 interstate transmission system (ISTS) Read more
An interstate transmission system (ISTS) scheme to augment transformation capacity at the upcoming Davanagere Pooling Station (PS) in Karnataka will be taken up under the tariff-based competitive bidding (TBCB) route. This scheme, estimated to cost Rs.379 Read more
Bidding has begun for three intrastate transmission system (InSTS) schemes in Maharashtra, under the tariff-based competitive bidding (TBCB) framework. While bid process coordinators REC Power Development & Consultancy Ltd (RECPDCL) has initiated the Read more