PFCCL forms SPV for intrastate scheme in UP, two bidders in final race

  PFC Consulting Ltd (PFCCL), in its capacity as bid process coordinator (BPC), has incorporated a project special purpose vehicle (SPV) for developing an intrastate transmission scheme in Uttar Pradesh. According to a PFCCL stock exchange filing, the project SPV, Read more

The criticality of efficient green energy evacuation

  Finding ways to evacuate power efficiently is crucial for achieving India’s renewable energy ambitions, notes Naveen Munjal The world will require large and increasing amounts of power Read more

Sterlite NE TBCB | T&D India

PFCCL incorporates two SPVs for interstate transmission schemes

  PFC Consulting Ltd (PFCCL) has incorporated special purpose vehicles (SPVs) for the development of two interstate transmission schemes that will be developed under the TBCB mode. In a recent stock exchange filing, Power Finance Corporation Ltd, of which PFCCL Read more

CERC approves transmission licence to Patran RTM project

  Central Electricity Regulatory Commission (CERC) has approved grant of transmission license to the Patran substation expansion project in Punjab that is being developed under the RTM route. In a recent order, CERC, while approving the grant of transmission license, Read more

PGCIL records modest capex growth in FY23, capitalization falls sharply

  Power Grid Corporation of India Ltd (PGCIL) has recorded a modest year-on-year growth in capital expenditure during FY23, at the consolidated level, while capitalization has declined significantly. According to an investor presentation filed on stock exchanges, PGCIL incurred capital Read more

REC board approves four SPVs for interstate transmission schemes

  The board of REC Ltd, in a recent meeting, has approved the creation of four subsidiaries that will act as special-purpose vehicles for developing interstate transmission schemes. In a stock exchange filing, REC Ltd said that these four entities Read more

KEC

NCT recommends TBCB mode for three ISTS schemes

  The National Committee on Transmission (NCT), in its recent meeting, has recommended three interstate transmission system (ISTS) schemes to be implemented under the tariff-based competitive bidding (TBCB) mechanism. The recommendation has been forwarded to the Read more

transmission

TBCB Report Card for FY23: 8 awarded, 6 completed

  A special study by T&D India, based on official documents, suggests that during fiscal year 2022-23 ending March 31, 2023, a total of eight interstate transmission projects were awarded under the tariff-based competitive bidding (TBCB) route. Further, six Read more

Adani Ghatampur LR | T&D India

Adani Transmission completes four TBCB projects in FY23

  Adani Transmission Ltd (ATL) has fully commissioned four transmission schemes under the tariff-based competitive bidding (TBCB) route during FY23, according to a recent investor update filed by the company on stock exchanges. Of the four schemes, one was an Read more

NCT approves ISTS scheme for RE evacuation in Solapur

  The National Committee on Transmission (NCT), in its recent meeting, approved an interstate transmission system (ISTS) scheme for the evacuation of 1,500 MW worth of upcoming renewable energy projects at Solapur in Maharashtra. The scheme, estimated Read more