TBCB
PGCIL targets capitalization of over Rs.10,000 crore in FY23
- Feb 8, 2023
Power Grid Corporation of India Ltd (PGCIL) has targeted asset capitalization in the region of Rs.10,000 crore to Rs.12,000 crore in FY23, according to K. Sreekant, CMD, PGCIL. The top PGCIL official noted this while addressing an investor conference Read more
Competition has intensified in TBCB projects, feels PGCIL CMD
- Feb 6, 2023
Competition in transmission projects that are bid out under the tariff-based competitive bidding (TBCB) mechanism is seen intensifying, according to K. Sreekant, CMD, Power Grid Corporation of India Ltd (PGCIL). In a recent investor conference, K. Sreekant observed that Read more
IndiGrid to acquire Khargone Transmission Ltd
- Jan 23, 2023
India Grid Trust (IndiGrid) has proposed to acquire the entire equity capital of Khargone Transmission Ltd (KTL) that owns an operational interstate transmission system. In a stock exchange communication, IndiGrid said that it will be seeking the approval of Read more
Adani Transmission pips four contenders to win ISTS project
- Jan 16, 2023
Adani Transmission has won an interstate transmission system (ISTS) project under the tariff-based competitive bidding (TBCB) route, getting the better of four other contenders. The interstate transmission scheme that Adani Transmission is set to develop on Read more
Sterlite Power achieves financial closure for Kishtwar TBCB project
- Jan 11, 2023
Sterlite Power has achieved financial closure for its Kishtwar transmission project in Jammu & Kashmir, which is being developed by its wholly-owned subsidiary Kishtwar Transmission Ltd. In a release, Sterlite Power said that financial closure was attained after the Read more
IndiGrid and GR Infraprojects partner for power transmission bids
- Dec 21, 2022
India Grid Trust and GR Infraprojects Ltd have announced a strategic partnership in the Indian power transmission sector. An MoU has been signed to jointly bid for identified TBCB (tariff-based competitive bidding) transmission projects aggregating to approximately Rs.5,000 crore. Ministry Read more
Kallam Transmission to develop additional component in RTM mode
- Dec 21, 2022
Kallam Transmission Ltd, a project special purpose vehicle that is developing an interstate transmission system (ISTS) project in the TBCB mode, has been entrusted with an additional component to be built under the regulated tariff mechanism (RTM) modality. In Read more
PGCIL committee approves investment in RTM project
- Dec 16, 2022
Power Grid Corporation of India Ltd (PGCIL) has accorded investment proposal for a transmission scheme in Rajasthan. In a brief stock exchange filing, PGCIL said that its Committee of Directors on Investment on Projects, in its meeting held on Read more
Sterlite Power acquires Kishtwar transmission project from PFC
- Dec 7, 2022
Sterlite Power has formally acquired project SPV “Kishtwar Transmission Ltd” from the bid process coordinator PFC Consulting Ltd (PFCCL) In a release, Sterlite Power said that it has acquired from PFCCL the project SPV that will develop the Kishtwar Read more
CERC issues transmission licence to Neemuch TBCB project
- Dec 5, 2022
Central Electricity Regulatory Commission (CERC), in its order dated December 1, 2022, has granted ISTS transmission licence to Powergrid Neemuch Transmission Ltd. Powergrid Neemuch Transmission Ltd (PNTL, originally known as Neemuch Transmission Ltd) is developing an interstate transmission system Read more