Maharashtra state transco debuts in TBCB, acquires two intrastate schemes

Maharashtra State Electricity Transmission Company Ltd (MSETCL) has debuted in the TBCB space by formally acquiring its first schemes – Umred and Saswad. Bid process coordinator REC Power Development & Consultancy Ltd, on February 26, 2026, formally transferred “Umred Read more

Seven in fray for Umred intrastate-TBCB scheme in Maharashtra

Seven bidders have qualified for opening of initial price bids for an intrastate transmission system (InSTS) scheme in Maharashtra, where bidder selection is taking place through the tariff-based competitive bidding mechanism. It is reliably learnt that bid process coordinator Read more

RECPDCL forms two SPVs for intrastate schemes in Maharashtra

REC Power Development & Consultancy Ltd (RECPDCL) has newly incorporated two wholly-owned subsidiaries that will act as project special purpose vehicles for as many intrastate schemes in Maharashtra. The two entities, incorporated on July 7, 2025, are Umred Power Read more