Author: PPD Team Date: 16/06/2025
Power Grid Corporation of India Limited (PGCIL) has proposed the merger of 17 Inter-State Transmission System (ISTS) subsidiaries, set up under the Tariff Based Competitive Bidding (TBCB) route, into two existing TBCB subsidiaries.
Under Part 1 of the plan, five subsidiaries will be amalgamated into Vataman Transmission Limited. These include:
- Bhadla III Transmission Limited
- Ramgarh II Transmission Limited
- Beawar Dausa Transmission Limited
- Bikaner III Neemrana Transmission Limited
- Sikar Khetri Transmission Limited (SKTL)
Under Part 2, twelve subsidiaries will be merged into Bidar Transmission Limited (BTL). These are:
- Khavda II-B Transmission Limited
- Khavda RE Transmission Limited
- KPS2 Transmission Limited
- KPS3 Transmission Limited
- ERWR POWER Transmission Limited (EPTL)
- Raipur Pool Dhamtar Transmission Limited
- Dharamjaigarh Transmission Limited
- Bhadla Sikar Transmission Limited (BSTL)
- Ananthpuram Kurnool Transmission Limited
- Neemrana II Bareilly Transmission Limited
- Koppal II Gadag II Transmission Limited (KIIGIITL)
- Khavda II-C Transmission Limited
The restructuring is designed to simplify the corporate structure of PGCIL’s TBCB operations.