TBCB

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Three top players in the fray for major ISTS scheme spanning Rajasthan, MP

Three of the biggest developers are in the fray for an interstate transmission system (ISTS) scheme straddling Rajasthan and Madhya Pradesh. It is reliably learnt that Power Grid Corporation of India Ltd (PGCIL), Sterlite Power (now Read more

Five qualify for Kurnool IV interstate transmission scheme

Five developers have been prequalified for opening of initial price bids of an ISTS-TBCB scheme housed under “Kurnool-IV Transmission Ltd.” Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has pre-qualified the following five entities: Power Grid Corporation Read more

PFCCL incorporates SPV for green hydrogen ISTS scheme in Andhra Pradesh

Bid process coordinator PFC Consulting Ltd (PFCCL) has newly incorporated a project special purpose vehicle (SPV) for developing an ISTS-TBCB scheme for feeding upcoming green hydrogen plants in Andhra Pradesh. In a stock exchange filing, PFCCL said that it Read more

PGCIL acquires two more ISTS-TBCB schemes, takes FY25 tally to 20

Power Grid Corporation of India Ltd (PGCIL) has formally acquired two more project SPVs related to ISTS-TBCB schemes, taking its total tally in FY25 so far to twenty. On February 18, 2025, bid process coordinator REC Power Development & Read more

Four qualify for intrastate TBCB scheme in Madhya Pradesh

Four bidders have technically qualified for submission of price bids for an intrastate transmission system (InSTS) scheme in Madhya Pradesh, being developed under the tariff-based competitive bidding (TBCB) mode. It is learnt that bid process coordinator Read more

New entrant in power transmission development space

A new entrant is seen emerging in the power transmission development space, as seen from the initial bidding results of an ISTS-TBCB scheme housed under “Banaskantha Transco Ltd.” The new entrant is Gurugram-headquartered KCC Buildcon Pvt Ltd, which specializes Read more

PGCIL named successful bidder for two ISTS-TBCB schemes

Power Grid Corporation of India Ltd (PGCIL) has been named as successful bidder under the tariff-based competitive bidding (TBCB) mechanism for two interstate transmission system (ISTS) schemes. In a stock exchange communication, PGCIL Read more

Sterlite Power TL | T&D India

Sterlite Power commissions Nangalbibra-Bongaigaon transmission line

Sterlite Power has announced the successful commissioning of the 400kV double-circuit Nangalbibra - Bongaigaon transmission line, which is part of an interstate transmission system (ISTS) scheme. Through its special purpose vehicle (SPV) execution, the project strengthens Read more

Reliance Industries formally acquires its first ISTS project

Reliance Industries Ltd has formally acquired project SPV “Lakadia B Power Transmission Ltd,” marking the Mukesh Ambani firm’s entry in the power transmission development space. On February 14, 2025, bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) Read more

PGCIL set to close FY25 with over 80 per cent growth in capex

Power Grid Corporation of India Ltd (PGCIL) has projected capital expenditure of Rs.23,000 crore in FY25, which would imply a growth of 84 per cent from the actual FY24 level of Rs.12,500 crore. Read more