PGCIL receives letter of intent for Tumkur-II REZ interstate transmission scheme

Power Grid Corporation of India Ltd (PGCIL) has received the letter of intent for developing an interstate transmission system (ISTS) scheme in Karnataka, under the tariff-based competitive bidding (TBCB) mode. In a brief stock exchange filing, Read more

Bidders shortlisted for three ISTS-TBCB schemes

Bid process coordinator PFC Consulting Ltd (PFCCL) has shortlisted bidders for opening of initial price bids with respect to three interstate transmission system (ISTS) schemes being developed under the tariff-based competitive bidding (TBCB) route.   The broad details of the Read more

RECPCDL incorporates SPV for interstate transmission scheme in Karnataka

Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has incorporated a wholly-owned subsidiary that will act as a project special purpose vehicle (SPV) for development of an ISTS scheme associated with renewable energy Read more

Transmission systems for additional RE potential in Karnataka proposed

Two major interstate transmission system (ISTS) schemes for integrating additional RE potential in Karnataka have been proposed for development under the TBCB framework. The two schemes are envisaged to cost over Rs.2,100 crore and would help Read more