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
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
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
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
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
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
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
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 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
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