TBCB

PGCIL acquires Kudalankulam ISTS Transmission, wins project under TBCB

Power Grid Corporation of India Ltd (PGCIL) has acquired project SPV “Kudankulam ISTS Transmission Ltd” from bid process coordinator PFC Consulting Ltd. PGCIL, in a stock exchange communication, said that the formal acquisition was completed on January 10, 2025. The Read more

Bidding deadline extended for Anantapur REZ ISTS scheme

Bid process coordinator PFC Consulting Ltd (PFCCL) has extended the bid submission date for an ISTS-TBCB scheme related to the Anantapur-II renewable energy zone in Andhra Pradesh. The submission date for both technical and financial bids Read more

PGCIL receives letter of intent for two ISTS-TBCB schemes

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

PGCIL sweeps ISTS-TBCB market with over 60 per cent tariff share

Power Grid Corporation of India Ltd (PGCIL) clearly dominated the ISTS-TBCB market accounting for a tariff share of over 60 per cent during the first nine months (April to December) of FY25. According to a special study by T&D Read more

PGCIL, Megha Engineering in the fray for Bidar ISTS scheme in Karnataka

Only two contenders – Power Grid Corporation of India Ltd (PGCIL) and Megha Engineering & Infrastructures Ltd (MEIL) – are in the fray for the Bidar pooling station augmentation scheme in Karnataka. It is reliably learnt that PGCIL and Read more

Bidding underway for intrastate transmission scheme in J&K

Bidding has recently begun for development of an intrastate transmission system (InSTS) scheme in the Union territory of Jammu & Kashmir, under the tariff-based competitive bidding (TBCB) mode. Bid process coordinator PFC Consulting Ltd (PFCCL) has Read more

CERC grants transmission licence to Khavda IV-A Power Transmission

Central Electricity Regulatory Commission (CERC) has granted transmission licence to Khavda IV A Power Transmission Ltd, a TBCB-subsidiary of Adani Energy Solutions Ltd (AESL). In its recent order, CERC granted transmission licence that will remain in Read more

RECPDCL formally transfers “Rajasthan IV 4B Power Transmission” to DRAIPL

Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has formally transferred project SPV “Rajasthan IV 4B Power Transmission Ltd” to the winning developer Dineshchandra R. Agarwal Infracon Pvt Ltd (DRAIPL). DRAIPL emerged as the successful bidder under Read more

Bid submission date extended yet again for Khavda HVDC scheme

The last date for submission of bids for a major ISTS-TBCB scheme involving HVDC technology has been extended yet again. The bid submission date for the ISTS-TBCB scheme called “Transmission system for evacuation of power from Read more

PFCCL incorporates SPV for green hydrogen ISTS scheme in Gujarat

Bid process coordinator PFC Consulting Ltd (PFCCL) has newly incorporated a wholly-owned subsidiary that will act as a special purpose vehicle for development of an ISTS-TBCB scheme relating to green hydrogen plants in Gujarat. In a Read more