RECPDCL

Seven in fray for Umred intrastate-TBCB scheme in Maharashtra

Seven bidders have qualified for opening of initial price bids for an intrastate transmission system (InSTS) scheme in Maharashtra, where bidder selection is taking place through the tariff-based competitive bidding mechanism. It is reliably learnt that bid process coordinator Read more

Shivalaya Construction becomes latest debutant in interstate transmission space

Shivalaya Construction Ltd has become the latest entrant in the interstate power transmission development space, following the formal acquisition of “Ananthapuram II Power Transmission Ltd.” Shivalaya Construction Ltd formally acquired the said project SPV from bid process coordinator REC Read more

PGCIL formally acquires two interstate schemes, takes FY26 tally to five

Power Grid Corporation of India Ltd (PGCIL) recently completed the formal acquisition of two project special purpose vehicles (SPV) corresponding to as many interstate transmission schemes that the Central PSU had won under the tariff-based competitive bidding (TBCB) Read more

ISTS-TBCB in H1FY26: Winners declared for 12 schemes, seven SPVs transferred

Winners were declared for a total of 12 interstate transmission system (ISTS) schemes under the tariff-based competitive bidding (TBCB) mechanism during the first half (H1: April to September) of the current fiscal year FY26, according to a special Read more

Bosh assumes charge as Director (Projects), REC

  T S C Bosh, on October 3, 2025, assumed charge as Director (Projects), REC Ltd. His appointment follows a power ministry order dated October 3, 2025, which in turn, followed the Read more

SPVs incorporated for power transmission schemes under TBCB

Three special purpose vehicles have newly been incorporated for housing power transmission schemes that will be bid out under the tariff-based competitive bidding (TBCB) mechanism. While two SPVs – one each for an interstate and intrastate scheme – have Read more

PGCIL wins SR-WR interregional scheme under TBCB

Power Grid Corporation of India Ltd (PGCIL) has won an ISTS scheme “Interregional strengthening between SR Grid and WR Grid” under the tariff-based competitive bidding (TBCB) framework. In a brief stock exchange filing dated September 30, 2025, PGCIL said Read more

G R Infraprojects formally acquires Rajgarh Neemuch transmission scheme

G R Infraprojects Ltd (GRIL) has formally acquired “Rajgarh Neemuch Transmission Ltd” from bid process coordinator REC Power Development & Consultancy Ltd. GRIL had emerged as the successful bidder for underlying ISTS scheme “Transmission system for evacuation of power Read more

Interstate transmission scheme proposed for green hydrogen plants in Vizag

A major interstate transmission system (ISTS) scheme has recently been approved by the National Committee on Transmission (NCT) that will help transmit renewable energy to upcoming green hydrogen/green ammonia plants in Visakhapatnam, Andhra Pradesh. Estimated to Read more

RECPDCL gets “Best Power Transmission Company” award

REC Power Development & Consultancy Ltd (RECPDCL), a wholly-owned subsidiary of REC Ltd, received the “Best Power Transmission Company” award at the prestigious “Dun & Bradstreet (D&B) 17th PSU & Government Summit 2025” award ceremony.  This award highlights RECPDCL's Read more