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
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
In its latest meeting, National Committee on Transmission (NCT) decided to in for HVDC technology for a major renewable energy evacuation scheme in Rajasthan for which battery energy storage system (BESS) was being evaluated as Read more
Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has incorporated a wholly-owned subsidiary that will act as a project special purpose vehicle (SPV) for an intrastate transmission system (InSTS) scheme in Maharashtra. A brief Read more
The bidder selection process for two important interregional transmission schemes is currently underway. Bid process coordinators REC Power Development & Consultancy Ltd (RECPDCL) and PFC Consulting Ltd (PFCCL) have recently initiated the bidder selection process for Read more
REC Power Development & Consultancy Ltd (RECPDCL) has incorporated a wholly-owned subsidiary that will act as a project special purpose vehicle (SPV) for development of an interstate transmission system (ISTS) scheme in Read more
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