Tata Power set to formally acquire Jalpura-Khurja intrastate scheme

    Tata Power is set to formally acquire the project special purpose vehicle for development of an intrastate power transmission scheme in Uttar Pradesh, for which the Tata Group entity had emerged winning bidder under the tariff-based competitive bidding Read more

PGCIL acquires two projects SPVs for ISTS projects

    Power Grid Corporation of India Ltd (PGCIL) has completed the acquisition of two project special purpose vehicles for development of interstate transmission system (ISTS) schemes, from the bid process coordinator. In two separate stock exchange notifications, Read more

Bajaj TLT | T&D India

Bajel Projects wins order from Tata Power

    Bajel Projects Ltd has received a letter of intent from Tata Power for a power transmission-related order. In a stock exchange communication, Bajel Projects Ltd – the erstwhile EPC division of Bajaj Electricals Ltd – said Read more

PGCIL named successful bidder for Bidar ISTS scheme

    Power Grid Corporation of India Ltd (PGCIL) has been named successful bidder for an interstate transmission system (ISTS) scheme in Karnataka, under the tariff-based competitive bidding (TBCB) mechanism. In a brief stock exchange notification, PGCIL said that it has Read more

IndiGrid wins two ISTS schemes in TBCB mode

    India Grid Trust (IndiGrid) has received the letter of intent for two interstate transmission system (ISTS) schemes, won through the tariff-based competitive bidding (TBCB) mechanism. In a release, IndiGrid said that it has received letters of intent from REC Read more

Record year for Power Grid Corporation of India

Techo Electric, GE T&D India win major orders

    In independent developments, Techo Electric & Engineering Ltd and GE T&D India have reported the winning of major orders in the power T&D space. In a stock exchange filing, Techno Electric said that it has received orders worth Rs.1750 Read more

PGCIL commissions Ramgarh ISTS scheme in Rajasthan

    Power Grid Corporation of India Ltd (PGCIL) has commissioned an interstate transmission system (ISTS) scheme in Rajasthan, which it had won under the tariff-based competitive bidding (TBCB) mechanism. In a brief stock exchange filing, PGCIL said that on December Read more

Three SPVs for ISTS-TBCB schemes incorporated

    Three project special purpose vehicles (SPVs) have been newly incorporated for the development of as many interstate transmission system (ISTS) schemes, the developers for which will be selected using the tariff-based competitive bidding (TBCB) mechanism. Bid process coordinators REC Read more

PGCIL acquires “Ramgarh II Transmission Ltd”

  Power Grid Corporation of India Ltd (PGCIL) has acquired project special purpose vehicle “Ramgarh II Transmission Ltd” that houses an interstate transmission system (ISTS scheme in Rajasthan. In a stock exchange filing, PGCIL said that it has completed the Read more

RECPDCL incorporates SPVs for three interstate TBCB schemes

  REC Power Development & Consultancy Ltd (RECPDCL) has recently incorporated three wholly-owned subsidiaries for development of as many interstate transmission system (ISTS) schemes, under the tariff-based competitive bidding (TBCB) mechanism. In a stock exchange filing, RECPDCL, a wholly-owned subsidiary Read more