RECPDCL

RECPDCL transfers Luhri transmission scheme SPV to EnerGrid

Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has formally transferred the project SPV of the Luhri interstate scheme to Terralight Solar Energy Tinwari Pvt Ltd, a subsidiary of EnerGrid. Terralight Solar emerged winner of the Luhri Read more

RECPCDL formally transfers Vizag green hydrogen scheme SPV to Adani Energy

Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) formally transferred project SPV “Vizag Power Transmission Ltd” housing an ISTS scheme to its winning developer Adani Energy Solutions Ltd (AESL), selected under the tariff-based Read more

Five in the fray for Barmer HVDC interstate-TBCB scheme

Five developers have qualified for opening of initial price bids for the mega Barmer HVDC scheme, under the tariff-based competitive bidding mechanism. Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) recently qualified five bidders, Read more

Tata Power acquires project SPV for Ryapte intrastate-TBCB scheme in Karnataka

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

PGCIL, EnerGrid formally acquire project SPVs of ISTS-TBCB schemes

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 in the fray for Luhri hydropower evacuation scheme

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 to strengthen Kukshi-Alirajpur grid through TBCB project

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 set to win its first ISTS-TBCB project of FY27

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

RECPDCL transfers two ISTS schemes to winners under TBCB

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

PGCIL set to clinch Bhadla-Ramgarh ISTS-TBCB scheme

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