RECPDCL to strike off project SPV of de-notified ISTS-TBCB scheme

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

CERC adopts transmission tariff of Bidar Transco ISTS-TBCB scheme

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

Hitachi ABB HVDC | T&D India

Explained: Why the mega Rajasthan HVDC project was re-tendered

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 wins ISTS-TBCB scheme in Maharashtra

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 plans more intrastate schemes in TBCB mode

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 deploys TBCB for intrastate transmission infrastructure

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

Bidding starts for Sonbhadra pumped storage evacuation scheme

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

With 45 schemes awarded, FY25 proves very eventful for ISTS-TBCB market

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

Transformation capacity at Davanagere PS to be augmented under TBCB

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

Developer selection begins for intrastate TBCB schemes in Maharashtra

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