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
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 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
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
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
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
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
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
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 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