TBCB
Early completion envisaged for Udupi-Kasargode Transmission Scheme
- Oct 24, 2020
The 400kV Udupi-Kasargode transmission system being developed by Sterlite Power, under tariff-based competitive bidding (TBCB) mode, is envisaged for completion by March 2022, which will be eight months ahead of schedule. EPC contracts for major project elements have Read more
Sterlite Power achieves financial closure for Vapi-North Lakhimpur Project
- Oct 21, 2020
Sterlite Power has achieved financial closure for its Vapi II North Lakhimpur Transmission Ltd (VNLTL) project, the company said in a release. The financial closure was achieved with Sterlite Power securing the debt funding of Rs.2070 crore from PFC Read more
No movement in TBCB projects in Q1FY21
- Aug 10, 2020
There has been no movement – in terms of projects awarded or completed — in the TBCB-based power transmission landscape, during the first quarter of the current fiscal year. The nationwide lockdown and the general disruption has had an Read more
Sterlite Power Acquires Vapi-II North Lakhimpur Transmission Ltd from PFC
- Jun 27, 2020
Sterlite Power has announced the acquisition of Vapi II North Lakhimpur Transmission Ltd (VNLTL), a special purpose vehicle from PFC Consulting Ltd. WRSS-XIX and NERSS-IX will serve the growing power needs of Mumbai region, and improve renewable power availability Read more
Adani wins Maharashtra transmission line in TBCB mode
- Jun 27, 2020
Adani Transmission Ltd has signed a share purchase agreement and completed the acquisition of the special purpose vehicle Kharghar Vikhroli Transmission Pvt Ltd (KVTPL), incorporated by Maharashtra State Electricity Transmission Company Ltd. This project is critical to Mumbai as Read more
REC approves seven SPVs for power transmission projects
- Apr 15, 2020
The Board of Directors of REC Ltd in its meeting held on March 25, 2020 inter-alia approved the proposal for incorporation of seven project specific special purpose vehicles (SPVs). These SPVs will be incorporated as wholly-owned subsidiaries of REC Read more
Sterlite Power teams up with key partners for GEC project
- Mar 30, 2020
Sterlite Power announced that it is joining hands with GE T&D India Ltd, Unitech Power Transmission Ltd. (UPTL), Tata Projects Ltd (TPL) and Associate Power Structures Pvt. Ltd (APSPL). This partnership will implement OEM & EPC solutions in Read more
TBCB-based Green Energy Corridor projects taking off
- Sep 15, 2019
Power transmission projects, structured on the tariff-based competitive bidding (TBCB) mechanism and associated with large-scale evacuation of renewable energy, are seen to be taking off, after a sustained period of lull, recent developments suggest. Sterlite Power recently won its Read more
Mega transmission projects see slowdown in FY19
- Jul 15, 2019
Large power transmission projects being developed under the tariff-based competitive bidding (TBCB) route appear to be progressing very slowly. During FY19, not a single new project was awarded. This inference is based on an analysis done by T&D Read more
Consolidation phase for private power transmission
- May 18, 2019
Independent power transmission line concessions, both at the regional and state level, are witnessing a phase of consolidation, notes Venugopal Pillai, in this special study. Recent media reports suggest that Mumbai-headquartered Kalpataru Power Transmission Ltd, a leading EPC contractor Read more