A project special purpose vehicle has been incorporated for the development of an intrastate power transmission scheme in Uttar Pradesh, under the tariff-based competitive bidding (TBCB) mechanism. Bid process coordinator PFC Consulting Ltd (PFCCL) has incorporated Read more
The Central Electricity of Authority (CEA) has issued draft guidelines for operation & maintenance (O&M) of assets created under the tariff-based competitive bidding (TBCB) mechanism. CEA has prepared a draft memorandum of understanding (MoU) that will be part of Read more
Central Electricity Regulatory Commission (CERC), in a very recent order, has granted transmission licence to “Dharamjaigarh Transmission Ltd”. Dharamjaigarh Transmission Ltd was incorporated as a project special purpose vehicle (SPV) by the bid process coordinator to develop an interstate Read more
In a newly released draft paper, Central Electricity Authority (CEA) has recommended that re-conductoring of transmission lines of the interstate transmission system (ISTS) be carried out under the regulated tariff mechanism (RTM) route as opposed to the tariff-based Read more
The “Committee of Directors on Investment on Projects” of Power Grid Corporation of India Ltd, accorded investment approval to two RTM-based transmission schemes. The said committee, which met on June 28, 2023, approved investment to two transmission schemes, officially Read more
REC Power Development & Consultancy Ltd (RECPDCL), as the bid process coordinator (BPC) has incorporated a project special purpose vehicle for developing an interstate transmission system project in Madhya Pradesh. In a stock exchange filing, REC Ltd, the holding Read more
More transmission infrastructure is being planned in the Kallam area of Maharashtra, to support the growing demand for renewable energy (RE) evacuation. This scheme officially termed as “Western Region Network Expansion Scheme in Kallam area of Maharashtra” is expected Read more
Two important ISTS schemes aimed at evacuating a total of 15 GW of renewable energy from Khavda region in Gujarat have been proposed. The two schemes are officially termed as: Transmission System for Evacuation of Power Read more
PFC Consulting Ltd (PFCCL) has extended the timeline for submission of RfP (technical and financial) for four ISTS schemes being developed under the TBCB mode, all related to evacuation of renewable energy from Rajasthan. The four interstate schemes are Read more
India Grid Trust (IndiGrid), India’s first power sector investment infrastructure trust (InvIT), experienced some very interesting developments in the recent past. These included winning a greenfield TBCB project, securing additional transmission components under the RTM route and signing Read more