The Central Electricity Regulatory Commission (CERC) has issued orders proposing the grant of transmission licences for two interstate transmission system (ISTS) projects for strengthening renewable energy evacuation infrastructure in Gujarat and Karnataka. Both projects will be developed under the Tariff-Based Competitive Bidding (TBCB) route. The first order relates to an application filed by Adani Energy…
CESC Limited has signed a 25-year power purchase agreement (PPA) with Bhojraj Renewables Energy Private Limited on April 28, 2025. Bhojraj Renewables is a subsidiary of Purvah Green Power Private Limited, which is wholly owned by CESC. The agreement covers the development of 300 MW Inter-State Transmission System (ISTS)-connected wind-solar hybrid power projects across India….
The National Committee on Transmission (NCT) has recommended two interstate transmission system (ISTS) projects to the Ministry of Power (MoP) for final clearance under the tariff-based competitive bidding (TBCB) mode. The first project involves the transmission system for evacuating power from renewable energy projects in the Rajgarh Special Economic Zone (SEZ) in Madhya Pradesh, Phase…
REC Power Development & Consultancy Ltd (RECPDCL) has created three wholly-owned subsidiaries to develop interstate transmission system (ISTS) schemes across Gujarat, Rajasthan, and Jammu & Kashmir. On October 25, 2024, RECPDCL incorporated Banaskantha Transco Ltd as a special purpose vehicle (SPV) to implement the “Augmentation of transformation capacity at Banaskantha (Raghanesda) PS (GIS)” project in…
India Grid Trust (IndiGrid) has estimated a bid pipeline worth over Rs 651 billion in the power transmission sector, as disclosed in its Q2 FY25 investor presentation. The pipeline includes interstate transmission system (ISTS) projects with issued requests for proposal (RfP). Additionally, IndiGrid sees an estimated Rs 35 billion opportunity in the battery energy storage…
Adani Energy Solutions Ltd (AESL) has added over 2,000 circuit kilometers (ckm) to its under-construction power transmission portfolio with three new project wins in Q2 FY25. These projects, totalling 2,059 ckm of transmission lines and 13,500 MVA of substation capacity, bring AESL’s total under-construction portfolio to 5,155 ckm of lines and 35,071 MVA. All three…