RECPDCL

PGCIL acquires Bellary Davanagere Transmission Ltd, its seventh interstate project SPV this fiscal

Power Grid Corporation of India Ltd (PGCIL) has acquired “Bellary Davanagere Transmission Ltd” from bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL). This is PGCIL’s seventh formal acquisition of a project SPV corresponding to an interstate Read more

Arunachal

Resonia emerges L1 for intrastate-TBCB scheme in Karnataka

Resonia Ltd has emerged L1 bidder for an intrastate transmission system (InSTS) scheme in Karnataka under the tariff-based competitive bidding (TBCB) framework, it is reliably learnt. According to an informed source, Resonia Ltd has emerged as the winning bidder Read more

GIS Substation | T&D India

Third intrastate-TBCB scheme in Karnataka to be awarded soon

Karnataka’s third intrastate scheme under the tariff-based competitive bidding (TBCB) framework is likely to be awarded soon. Five bidders have qualified, based on technical bids, for opening of initial price bids of the intrastate scheme termed Read more

REC strikes off project SPV from Register of Companies

REC Ltd in a stock exchange filing said that it has struck off a project special purpose vehicle (SPV), “Rajgarh III Power Transmission Ltd” from the Register of Companies on January 20, 2026. The said project Read more

Karnataka readies to award its second intrastate scheme under TBCB

Karnataka is close to awarding its second intrastate scheme under the tariff-based competitive bidding (TBCB) framework. It is reliably learnt that bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has shortlisted five bidders for opening of initial Read more

Haryana joins TBCB movement for intrastate grid development, 400kV Munak substation is first project

Haryana, the first state to have deployed the public private partnership (PPP) model in intrastate power transmission way back in 2010, is now adopting the tariff-based competitive bidding (TBCB) framework for expanding its intrastate grid. In Read more

RECPDCL formally transfers two intrastate schemes in Maharashtra to winning developers

Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has formally transferred two project special purpose vehicles corresponding to as many intrastate transmission system (InSTS) schemes, to their respective winners, selected under the tariff-based competitive bidding (TBCB) Read more

Tata Power commissions Metro Depot substation, part of intrastate-TBCB scheme in UP

Tata Power has announced the successful commissioning of the Metro Depot substation and associated lines, associated with an intrastate transmission system (InSTS) scheme in Uttar Pradesh. In a release, Tata Power said that it has commissioned the 400/220kV Metro Read more

PGCIL named winner of Bellary-Davanagere interstate scheme under TBCB

Power Grid Corporation of India Ltd (PGCIL) has won the Bellary-Davanagere interstate transmission system (ISTS) scheme in Karnataka, under the tariff-based competitive bidding (TBCB) mechanism. In a brief stock exchange filing, PGCIL said that on January 8, 2026, it Read more

MP Substation | T&D India

Four contenders qualify for Davanagere-Bellary interstate scheme in Karnataka

Four developers – three seasoned and a new entrant – have qualified for opening of initial price bids with respect to an interstate transmission system (ISTS) scheme aiming to integrate renewable energy potential at Davanagere Read more