TBCB

No new interstate transmission scheme under TBCB approved at latest NCT meet

In a rare occurrence, no new interstate transmission system (ISTS) scheme under the tariff-based competitive bidding (TBCB) mechanism was cleared at the latest National Committee on Transmission (NCT). It is reliably learnt that during the latest Read more

Powergrid Narela Transmission likely to fully commission its project soon

Powergrid Narela Transmission Ltd (PNTL), a TBCB subsidiary of Power Grid Corporation of India Ltd (PGCIL), is likely to fully commission its interstate transmission system (ISTS) scheme soon. According to a recent report by Central Electricity Read more

Resonia granted transmission licence for NERES-XXV interstate scheme

Central Electricity Regulatory Commission (CERC), in a very recent order, has granted transmission licence to NER Expansion Transmission Ltd, a subsidiary of Resonia Ltd, which is developing an interstate scheme called “North Eastern Region Expansion Read more

Guidelines formulated for power procurement from grid-connected waste-to-energy projects, under TBCB

The Union power ministry has newly formulated guidelines for deploying the tariff-based competitive bidding (TBCB) framework for procurement of power from grid-connected waste-to-energy (WTE) projects. These guidelines are being issued under Section 63 of the Electricity Read more

Share of TBCB rising in PGCIL’s project pipeline

The share of TBCB projects in Power Grid Corporation of India Ltd’s (PGCIL) work-in-hand has risen appreciably over the years. According to an investor presentation released by PGCIL, Read more

PGCIL awaits final MCA order on merger of TBCB subsidiaries

Power Grid Corporation of India Ltd (PGCIL) is awaiting the final order from Ministry of Corporate Affairs (MCA) with respect to its proposal of merging 17 TBCB subsidiaries. It is learnt that MCA issued a notice Read more

CERC approves transmission charges of Raghanesda RE Transmission

Central Electricity Regulatory Commission (CERC) has adopted and approved the annual transmission charges (tariff) associated with an ISTS-TBCB scheme housed under “Raghanesda RE Transmission Ltd,” a wholly-owned subsidiary of Dineshchandra R. Agrawal Infracon Pvt Ltd (DRAIPL). In a very Read more

Musalgaon substation planned in Maharashtra under TBCB framework

Maharashtra has extended the TBCB philosophy to yet another project, this time a 220kV substation at Musalgaon in Nashik district. REC Power Development & Consultancy Ltd (RECPDCL), the bid process coordinator, has recently initiated the bidder selection process, the 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