TBCB

Developer selection begins for intrastate TBCB schemes in Maharashtra

Bidding has begun for three intrastate transmission system (InSTS) schemes in Maharashtra, under the tariff-based competitive bidding (TBCB) framework. While bid process coordinators REC Power Development & Consultancy Ltd (RECPDCL) has initiated the Read more

Second phase for evacuation from Kurnool REZ planned under TBCB

An interstate scheme for evacuation of a further 3 GW from the Kurnool renewable energy zone (REZ) in Andhra Pradesh has been planned under the tariff-based competitive bidding (TBCB) mechanism. The National Committee on Transmission (NCT), in its latest Read more

GIPCL KEC Pooling | T&D India

PGCIL acquires Kurnool-III PS ISTS scheme in Andhra Pradesh

Power Grid Corporation of India Ltd (PGCIL), on March 27, 2025, formally acquired the project SPV of an interstate transmission system (ISTS) scheme in Andhra Pradesh, from bid process coordinator PFC Consulting Ltd ( Read more

Hydropower evacuation scheme in Himachal may come up for rebidding with revised terms

An ISTS scheme dealing with evacuation infrastructure for two upcoming hydropower projects in Himachal Pradesh might come up for re-bidding with some changes in the scope of work. The bidding process for this ISTS-TBCB scheme was annulled even after Read more

Adani Energy acquires Mahan intrastate scheme in MP, under TBCB

Adani Energy Solutions Ltd (AESL) has formally acquired “Mahan Transmission Ltd” – a project SPV for development of an intrastate transmission system (InSTS) scheme, from bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL). In Read more

Four developers in the fray for Mahan ISTS scheme in Madhya Pradesh

Four developers have technically qualified for opening of initial price bids of an interstate transmission system (ISTS) scheme in Madhya Pradesh. It is reliably learnt that bid process coordinator PFC Consulting Ltd, based on technical bids Read more

India’s power transmission sector is exceptionally attractive for lending institutions: Avener Capital

In this exchange with T&D India, we have Abhishek Kumar, Executive Director, Avener Capital, giving insights into new paradigms in the power transmission sector, touching upon aspects like enhanced involvement of private sector entities thanks to the TBCB Read more

RECPDCL transfers four SPVs of ISTS-TBCB schemes to winning developers, PGCIL gets three

Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL), on March 24, 2025, transferred four special purpose vehicles (SPVs) corresponding to as many interstate transmission system (ISTS) schemes, to their respective winning developers selected Read more

PGCIL formally acquires SPVs for two ISTS-TBCB wins

Power Grid Corporation of India Ltd (PGCIL) has acquired two project special purpose vehicles for the development of as many interstate transmission system (ISTS) schemes. Both the two SPVs were acquired from bid process coordinator PFC Read more

Maharashtra plans more intrastate schemes in TBCB mode

Maharashtra has planned to develop two more intrastate transmission system (InSTS) schemes under the tariff-based competitive bidding (TBCB) framework. This is in addition to three such schemes planned earlier. State utility Maharashtra State Electricity Transmission Company Read more