More aspirants emerge in interstate transmission development space

More aspirants are seen emerging in the interstate transmission system (ISTS) development space, under the tariff-based competitive bidding (TBCB) mechanism. For an ISTS-TBCB scheme housed under “Rajgarh Neemuch Transmission Ltd,” bid process coordinator Read more

Four in race for Jejuri-Hinjewadi intrastate scheme in Maharashtra

Power Grid Corporation of India Ltd (PGCIL) along with three biggest private sector developers are in the fray for an intrastate transmission system (InSTS) scheme taking shape in the Pune region of Maharashtra. It is reliably Read more

Seven qualify for Velgaon intrastate transmission scheme in Maharashtra

Seven entities have qualified for opening of price bids for an intrastate transmission system (InSTS) scheme in Maharashtra, housed under “Velgaon Power Transmission Ltd.” The scheme is being developed under the tariff-based competitive bidding (TBCB) mechanism with REC Power Read more

RECPDCL forms two SPVs for intrastate schemes in Maharashtra

REC Power Development & Consultancy Ltd (RECPDCL) has newly incorporated two wholly-owned subsidiaries that will act as project special purpose vehicles for as many intrastate schemes in Maharashtra. The two entities, incorporated on July 7, 2025, are Umred Power Read more

ISTS-TBCB market takes a breather, only two schemes formally awarded in Q1FY26

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

RECPDCL expected to soon finalize developer for three ISTS-TBCB schemes

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

HVDC chosen over BESS for Rajasthan RE evacuation scheme

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

RECPDCL incorporates SPV for intrastate scheme in Maharashtra

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

Bidding underway for interregional schemes in TBCB mode

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

RECPDCL incorporates SPV for Rajgarh-Neemuch ISTS scheme in Madhya Pradesh

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