TBCB

PGCIL completes first phase of consolidating TBCB subsidiaries

Power Grid Corporation of India Ltd (PGCIL) has completed the first phase of rationalization of its wholly-owned subsidiaries associated with transmission schemes awarded under tariff-based competitive bidding (TBCB) mode. Based on official information available, effective March 1, 2026, PGCIL Read more

RECPDCL aspires to develop transmission lines in Nepal, seeks partners

REC Power Development & Consultancy Ltd (RECPDCL), a wholly-owned subsidiary of REC Ltd, is aspiring to turn into a transmission service provider (TSP) for 400kV lines in Nepal, and to this effect, is seeking consortium partners. RECPCDL is seeking Read more

Bidders shortlisted for three ISTS-TBCB schemes

Bid process coordinator PFC Consulting Ltd (PFCCL) has shortlisted bidders for opening of initial price bids with respect to three interstate transmission system (ISTS) schemes being developed under the tariff-based competitive bidding (TBCB) route.   The broad details of the Read more

Transmission system for 14 GW RE evacuation from Gujarat approved, five ISTS schemes to be developed under TBCB

A cluster of five interstate schemes together aiming to evacuate a massive 14 GW of power from RE-rich zones in Gujarat, has been approved for development under the tariff-based competitive bidding (TBCB) framework. In a recent meeting, National Committee Read more

Adani Energy secures finance from Japanese bank consortium for Bhadla-Fatehpur HVDC project

Adani Energy Solutions Ltd (AESL) has secured long-term financing from a consortium of Japanese banks for its flagship HVDC transmission project, a release by AESL said. The project will play a central role in evacuating renewable energy from Rajasthan’s 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

Finance ministry creates shelf of 44 power transmission schemes, for development in PPP mode

The Union finance ministry recently announced the creation of a project pipeline of 46 power transmission schemes, to be developed in public-private partnership (PPP) mode. This pipeline is part of a larger set of 852 PPP projects across Central Read more

Maharashtra power utilities join forces for 765kV TBCB projects

Two state government-owned power utilities in Maharashtra have entered into an agreement to jointly bid for upcoming intrastate-TBCB power transmission projects involving 765kV infrastructure. Maharashtra State Electricity Transmission Company Ltd (MSETCL or Mahatransco) and Maharashtra State Power Generation Company Read more

CERC grants interim transmission licence to Tata Power’s Paradeep interstate scheme

Central Electricity Regulatory Commission (CERC) has granted interim transmission licence to “TP Paradeep Transmission Ltd,” a TBCB subsidiary of Tata Power. On the other hand, the process relating to the same matter of another Tata Power subsidiary “TP Read more

PGCIL wins SR-ER interregional scheme under tariff-based bidding

Power Grid Corporation of India Ltd (PGCIL) has emerged as the successful bidder, under the TBCB framework, for developing an interstate transmission system (ISTS) scheme aimed at interregional strengthening between the southern and eastern regional grids. In a brief Read more