RECPDCL

Formal transfer of three ISTS-TBCB projects expected soon

Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) is soon expected to formally transfer three project SPVs of ISTS-TBCB schemes to their respective winning developers. According to an informed source, the transfer of the Read more

GE

Adani Energy Solutions wins HVDC scheme in Rajasthan, under TBCB

Adani Energy Solutions Ltd has won an interstate transmission system (ISTS) scheme in Rajasthan involving use HVDC technology, under the tariff-based competitive bidding (TBCB) mechanism. According to an informed source who did not wish to be Read more

global green hydrogen ecosystem | T&D India

PFCCL incorporates project SPV for green hydrogen scheme in Gujarat

Bid process coordinator PFC Consulting Ltd (PFCCL) recently incorporated a wholly-owned subsidiary for development of an ISTS-TBCB scheme associated with upcoming green hydrogen plants in the Kandla region of Gujarat. In a stock exchange communication, PFCCL said that “Kandla Read more

More ISTS-TBCB schemes planned for RE evacuation from Madhya Pradesh

Two ISTS schemes for renewable energy evacuation from Madhya Pradesh, which will be awarded under the TBCB modality, were recently approved by National Committee on Transmission. The two schemes will facilitate RE evacuation from the solar Read more

PGCIL receives LoI for “Rajasthan IV 4A” ISTS-TBCB scheme

Power Grid Corporation of India Ltd (PGCIL) has received the letter of intent for developing an ISTS-TBCB scheme housed under “Rajasthan IV 4A  Power Transmission Ltd.” In a brief stock exchange filing, PGCIL said that the letter of intent Read more

Three SPVs incorporated for TBCB transmission projects

In independent developments, bid process coordinators REC Power Development & Consultancy Ltd (RECPDCL) and PFC Consulting Ltd (PFCCL), on November 20, 2024, together incorporated three wholly-owned subsidiaries to act as project special purpose vehicles for Read more

Madhya Pradesh deploys TBCB for its fourth intrastate scheme

Bidding has begun for what would be the fourth intrastate transmission system (InSTS) scheme in Madhya Pradesh, being developed under the tariff-based competitive bidding (TBCB) mechanism. Bid process coordinator REC Power Development & Consultancy Ltd ( Read more

RECPDCL incorporates two SPVS for ISTS schemes

Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has incorporated two wholly-owned subsidiaries that would act as special purpose vehicles for the development of two ISTS schemes to be awarded under the tariff-based competitive bidding ( Read more

One new entrant among entities qualified for “Rajasthan 4B” ISTS scheme

One new entrant features in the list of four bidders qualified for opening of initial price bids for an ISTS scheme housed under “Rajasthan IV 4B Power Transmission Ltd.” The new entrant Dineshchandra R. Agrawal Infracon Read more

Tata Power acquires ERES-XXXIX Power Transmission, its third ISTS-TBCB scheme

Tata Power has formally acquired “ERES-XXXIX Power Transmission Ltd” – a project SPV for the development of an ISTS scheme in Odisha – from bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL). This becomes Read more