INSULOGIX

PGCIL named successful bidder for Bidar ISTS scheme

    Power Grid Corporation of India Ltd (PGCIL) has been named successful bidder for an interstate transmission system (ISTS) scheme in Karnataka, under the tariff-based competitive bidding (TBCB) mechanism. In a brief stock exchange notification, PGCIL said that it has Read more

IndiGrid wins two ISTS schemes in TBCB mode

    India Grid Trust (IndiGrid) has received the letter of intent for two interstate transmission system (ISTS) schemes, won through the tariff-based competitive bidding (TBCB) mechanism. In a release, IndiGrid said that it has received letters of intent from REC Read more

NCT recommends TBCB route for eastern region expansion scheme

    The National Committee on Transmission (NCT), in its latest meeting, has recommended the implementation of a component of the “Eastern Region Expansion Scheme” under the TBCB route. Termed as “Eastern Region Expansion Scheme XXXIX” or “ERES XXXIX,” the scheme Read more

Sterlite Power acquires Neemrana II Kotputli Transmission Ltd

    Sterlite Power has announced the acquisition of project SPV “Neemrana II Kotputli Transmission Ltd” from bid process coordinator PFC Consulting Ltd. The project was awarded to Sterlite Power through the tariff based competitive bidding (TBCB) process in November 2023.Through Read more

ISTS-TBCB schemes: PFCCL transfers three SPVs to winning developers

Bid process coordinator PFC Consulting Ltd (PFCCL) has transferred three project SPVs, incorporated for development of interstate transmission system (ISTS) schemes, to the respective winning bidders. In a stock exchange filing, Power Finance Corporation, the holding company of PFCCL, Read more

Adani Energy Solutions wins “Halvad Transmission” in TBCB mode

    Adani Energy Solutions Ltd (AESL) has won an interstate transmission system (ISTS) scheme, housed under project SPV “Halvad Transmission Ltd” through the tariff-based competitive bidding (TBCB) route. In a release, AESL said that that it has received the Letter Read more

PGCIL commissions Ramgarh ISTS scheme in Rajasthan

    Power Grid Corporation of India Ltd (PGCIL) has commissioned an interstate transmission system (ISTS) scheme in Rajasthan, which it had won under the tariff-based competitive bidding (TBCB) mechanism. In a brief stock exchange filing, PGCIL said that on December Read more

Three SPVs for ISTS-TBCB schemes incorporated

    Three project special purpose vehicles (SPVs) have been newly incorporated for the development of as many interstate transmission system (ISTS) schemes, the developers for which will be selected using the tariff-based competitive bidding (TBCB) mechanism. Bid process coordinators REC Read more

PGCIL wins “Vataman Transmission Ltd” in TBCB mode

    Power Grid Corporation of India Ltd (PGCIL) has won an interstate transmission system (ISTS) scheme, housed under project SPV “Vataman Transmission Ltd,” under the tariff-based competitive bidding (TBCB) route. The scheme for which the letter of intent was received Read more

“Paradeep Transmission” incorporated for Eastern Region scheme

    Bid process coordinator PFC Consulting Ltd has announced the incorporation of a wholly-owned subsidiary “Paradeep Transmission Ltd” that would develop an interstate transmission system (ISTS) scheme in Odisha. In a stock exchange communication, Power Finance Corporation (PFC), the holding Read more