REC incorporates project SPV for ISTS scheme in Maharashtra

  REC Ltd has incorporated a step-down wholly-owned subsidiary that would act as a project special purpose vehicle (SPV) for development of an interstate transmission scheme in Maharashtra. In a recent stock exchange communication, REC Ltd said Read more

Two in race for intrastate transmission project in Uttar Pradesh

  Two bidders have qualified to submit their price bids for an intrastate transmission project in Uttar Pradesh, under the tariff-based competitive bidding (TBCB) mechanism. It is reliably learnt that bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) Read more

PGCIL clinches another ISTS scheme in Rajasthan

  Power Grid Corporation of India Ltd (PGCIL) has won yet another interstate transmission system (ISTS) scheme in Rajasthan, under the tariff-based competitive bidding (TBCB) mechanism. In a brief stock exchange filing, PGCIL said that it has been declared as Read more

Powergrid Ramgarh Transmission to commission project soon

  The interstate transmission system (ISTS) project housed under project SPV “Powergrid Ramgarh Transmission Ltd” is set to commission soon. According to a recent report by Central Electricity Authority (CEA), all elements of the transmission scheme are Read more

PGCIL declared successful bidder for TBCB scheme in Rajasthan

  Power Grid Corporation of India Ltd (PGCIL) has been named as the successful bidder for an interstate transmission system (ISTS) scheme in Rajasthan, awarded under the tariff-based competitive bidding (TBCB) mechanism. In a brief stock exchange filing, PGCIL said Read more

PGCIL to commission 18 ISTS-RTM projects in FY24

  Power Grid Corporation of India Ltd is expected to commission 18 ISTS projects awarded under the regulated tariff mechanism (RTM) route, in the remaining period of this fiscal year. According to information tabled in Parliament, PGCIL, as of August Read more

Sterlite Power wins another ISTS scheme in Rajasthan

  Sterlite Power has won an interstate transmission system (ISTS) scheme in Rajasthan, under the tariff-based competitive bidding route. This is the second such win for Sterlite Power in recent months. The project officially termed as “Transmission system for evacuation Read more

GE

NCT to deliberate on completion schedule of HVDC-based project in Rajasthan

The National Committee on Transmission (NCT), in its meeting scheduled on August 25, 2023, is expected to deliberate on the completion schedule of a major ISTS scheme involving HVDC technology, in Rajasthan. The project in question is officially termed Read more

TBCB Report Card for 4MFY24: 11 projects awarded, 1 completed

  The first four months of FY24 saw hectic activity in the interstate TBCB power transmission space with as many as 11 new projects getting awarded. According to a special study by T&D India, based on official statistics released by Read more

Interstate transmission to boost PGCIL’s capex plans

  Interstate power transmission projects are expected to dominate the long-term capex plans of Power Grid Corporation of India Ltd (PGCIL). Addressing an investor conference discussing PGCIL’s performance during Q1 of FY24, K. Sreekant, Chairman & Managing Director, PGCIL, said Read more