RECPDCL

Eight qualify for pumped storage evacuation scheme in Uttar Pradesh

Eight entities have qualified for opening of initial price bids of a major interstate transmission scheme related to evacuation from upcoming pumped storage projects in Uttar Pradesh. Bid process coordinator REC Power Development & Consultancy Ltd ( Read more

Bidding initiated for two new intrastate schemes in Karnataka

The bidding process for developer selection has newly begun for two new intrastate transmission system (InSTS) schemes in Karnataka, under the tariff-based competitive bidding (TBCB) mechanism. Bid process coordinator REC Power Development & Consultancy Ltd ( Read more

GIPCL KEC Pooling | T&D India

Four qualify for Davanagere transmission scheme, TN-based firm is new aspirant

Four bidders have qualified for opening of initial price bids of an ISTS scheme in Karnataka, under the TBCB modality. Included in these is a Tamil Nadu-based new entrant. Bid process coordinator REC Power Development & Consultancy Ltd ( Read more

G R Infraprojects set to win its fifth ISTS-TBCB scheme, emerges L1 for Rajgarh-Neemuch

G R Infraprojects Ltd (GRIL) has emerged L1 bidder for an interstate transmission system (ISTS) scheme in Madhya Pradesh, potentially making it the fifth win for the Gurugram-headquartered company. In a stock exchange filing, GRIL said Read more

More aspirants emerge in interstate transmission development space

More aspirants are seen emerging in the interstate transmission system (ISTS) development space, under the tariff-based competitive bidding (TBCB) mechanism. For an ISTS-TBCB scheme housed under “Rajgarh Neemuch Transmission Ltd,” bid process coordinator Read more

Four in race for Jejuri-Hinjewadi intrastate scheme in Maharashtra

Power Grid Corporation of India Ltd (PGCIL) along with three biggest private sector developers are in the fray for an intrastate transmission system (InSTS) scheme taking shape in the Pune region of Maharashtra. It is reliably Read more

Seven qualify for Velgaon intrastate transmission scheme in Maharashtra

Seven entities have qualified for opening of price bids for an intrastate transmission system (InSTS) scheme in Maharashtra, housed under “Velgaon Power Transmission Ltd.” The scheme is being developed under the tariff-based competitive bidding (TBCB) mechanism with REC Power Read more

RECPDCL forms two SPVs for intrastate schemes in Maharashtra

REC Power Development & Consultancy Ltd (RECPDCL) has newly incorporated two wholly-owned subsidiaries that will act as project special purpose vehicles for as many intrastate schemes in Maharashtra. The two entities, incorporated on July 7, 2025, are Umred Power Read more

ISTS-TBCB market takes a breather, only two schemes formally awarded in Q1FY26

After a hectic FY25 when a record 45 schemes were formally awarded, the ISTS-TBCB market has taken a breather this fiscal with just two schemes transferred to winning developers in the first quarter. According to an exclusive study by Read more

RECPDCL expected to soon finalize developer for three ISTS-TBCB schemes

Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) is expected to select the winning bidder for three ISTS-TBCB schemes in the coming weeks. The bid submission dates for all these three schemes have been Read more