RECPDCL

Adani Energy set to win Bihar’s first intrastate transmission scheme under TBCB

Adani Energy Solutions Ltd (AESL) is set to win what is shaping up to be the first intrastate transmission system (InSTS) scheme in Bihar, awarded under the tariff-based competitive bidding (TBCB) mechanism. It is reliably learnt that the Adani Read more

Shivalaya Construction acquires project SPV of ERES-47 interstate-TBCB scheme

Shivalaya Construction Ltd formally acquired “Nawada Durgapur Power Transmission Ltd” from bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) on October 16, 2026. The project SPV houses an interstate transmission system (ISTS) scheme termed as “Eastern Region Read more

All five project SPVs of Gujarat 14-GW RE scheme transferred to winning developers

In a very significant development, all the five project SPVs corresponding to TBCB components of the mega 14-GW RE evacuation scheme in Gujarat were transferred to their respective winning developers on October 12, 2026. While bid process coordinator PFC Read more

Resonia acquires Balsane intrastate transmission scheme in Maharashtra

Resonia Ltd, in a release, formally announced the acquisition of 100 per cent equity stake in Balsane Power Transmission Ltd (BPTL). In a release, Resonia said that the acquisition was made on September 28, 2026 and the project SPV Read more

Three intrastate-TBCB schemes in Maharashtra transferred to winning developers, big names score first wins

In a significant development for Maharashtra, the project SPVs of three intrastate-TBCB schemes were formally awarded to their respective winners. Big names in the interstate transmission domain marked their first intrastate wins in the western state. The project SPVs Read more

HG Infra makes formal debut in intrastate-TBCB space, acquires scheme in UP

H.G. Infra Engineering Ltd (HGIEL) has made its formal debut in the intrastate power transmission development space by recently acquiring a scheme in Uttar Pradesh, under the TBCB framework. On September 26, 2026, HGIEL acquired “Ranipur Chunar Transmission Ltd” Read more

Ashoka Buildcon acquires Sakoli intrastate-TBCB scheme in Maharashtra, enters development space

Ashoka Buildcon has formally acquired the project SPV associated with the Sakoli intrastate transmission system (InSTS) scheme in Maharashtra, which it won under the tariff-based competitive bidding (TBCB) route. The project SPV “Sakoli Power Transmission Ltd” was acquired from Read more

Flash News: Resonia close to winning Beed Parli intrastate-TBCB scheme in Maharashtra

Resonia Ltd is close to winning the intrastate-TBCB scheme in Maharashtra, having emerged as the L1 bidder. It is reliably learnt that Resonia Ltd has been named L1 bidder for an intrastate-TBCB scheme in Maharashtra, formally termed as ““Establishment Read more

PGCIL acquires project SPV of Barmer HVDC transmission scheme won under TBCB

Power Grid Corporation of India Ltd (PGCIL) has formally acquired the project SPV associated with the Barmer HVDC interstate transmission scheme that the Central PSU had won under the tariff-based competitive bidding (TBCB) mechanism. The formal transfer of the Read more

Dilip Buildcon set to enter power transmission development space in Maharashtra, emerges L1

Dilip Buildcon Ltd is set to enter the power transmission development space in Maharashtra, having emerged L1 bidder for an intrastate-TBCB scheme involving a 400kV GIS switching station. It is very reliably learnt that Dilip Buildcon Ltd (DBL) has Read more