Tata Power formally acquired “Ryapte Power Transmission Ltd” from bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) on July 30, 2026. Tata Power had emerged as the winning bidder for the intrastate transmission system Read more
Power Grid Corporation of India Ltd (PGCIL) and EnerGrid, on July 29, 2026, formally acquired project SPVs of ISTS schemes that the two developers had won under the tariff-based competitive bidding (TBCB) mechanism. These SPVs were incorporated as wholly-owned Read more
Three contenders have qualified for opening of initial price bids for the Luhri interstate-TBCB scheme concerning hydropower evacuation in Himachal Pradesh. The three bidders shortlisted by bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) based on technical Read more
Madhya Pradesh has planned to strengthen the power grid of the Kukshi-Alirajpur area through an intrastate transmission system (InSTS) scheme to be developed under the tariff-based competitive bidding (TBCB) framework. To this effect, the Madhya Pradesh government has appointed Read more
Adani Energy Solutions Ltd (AESL) is set to win its first ISTS-TBCB scheme of the current fiscal year. According to a reliable source, Adani Energy Solutions Ltd (AESL) has emerged as the L1 bidder for an interstate transmission system Read more
Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has formally transferred project SPVs corresponding to two interstate transmission system (ISTS) scheme to their winning developers selected under the TBCB framework. The formal transfer of SPVs took place Read more
Power Grid Corporation of India Ltd (PGCIL) is set to clinch the ISTS-TBCB scheme housed under “Bhadla Ramgarh Power Transmission Ltd,” getting the better of four other contenders. According to a reliable industry source, PGCIL has emerged L1 bidder Read more
Five bidders have qualified for opening of initial price bids with respect to an interstate transmission system (ISTS) scheme involving augmentation of three substations – Bhadla-III, Ramgarh and Kanpur. The ISTS-TBCB scheme is referred to as “Augmentation at Bhadla-III, Read more
In its most recent meeting, the National Committee on Transmission (NCT) has proposed to implement the “Bikaner-V” scheme aimed at providing ISTS connectivity to RE projects in the Bikaner region in Rajasthan. The scheme under discussion Read more