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Eight firms qualify for Gujarat RE transmission project, three for ERGS-I

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Eight firms have been shortlisted as technically qualified for the selection of transmission service provider (TSP) through tariff-based competitive bidding (TBCB) for the ‘Transmission System for evacuation of RE power from Raghanesda area of Gujarat – 3GW under Phase-I’. The project will be developed on a build, own, operate, and transfer (BOOT) basis. The shortlisted bidders are Power Grid Corporation of India Limited (PGCIL), Adani Energy Solutions Limited (AESL), Resonia Limited, Torrent Power Limited, Reliance…

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PFCCL incorporates three new SPVs for key transmission projects

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PFC Consulting Limited (PFCCL) has incorporated three new special purpose vehicles (SPVs) to implement power transmission projects in Maharashtra, Andhra Pradesh, and Telangana. These SPVs were formed to execute projects under the Tariff-Based Competitive Bidding (TBCB) framework. The first two SPVs—Wagdari Transmission Limited and Kurnool IV REZ Power Transmission Limited—were incorporated on 14 June 2025. The third, Saswad Transmission Limited, was incorporated on 16 June 2025. Wagdari Transmission Limited This SPV will implement the “Establishment…

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PFCCL invites bids for evacuation of RE power from Dharashiv, Beed

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PFC Consulting Limited (PFCCL) has invited Request for Proposal (RfP) bids for selection of a transmission service provider (TSP) through tariff based competitive bidding (TBCB) process on build, own, operate, and transfer (BOOT) basis for the “Network Expansion scheme in Maharashtra for Evacuation of RE Power from Dharashiv, Beed District in Maharashtra.” The last date for submission of bids is August 1, 2025. PFCCL has been appointed as the bid process coordinator (BPC). The scheme…

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PFCCL wins Rs 649 million project management contract in Tamil Nadu

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PFC Consulting Limited (PFCCL) has secured a Rs 649 million consultancy contract under the Tamil Nadu Revamped Distribution Sector Scheme (RDSS). The Notification of Award (NoA) confirms PFCCL will assist in project management for distribution infrastructure works across the state. The Tamil Nadu Generation and Distribution Corporation Limited (TANGEDCO) had invited bids for this project in May 2023. PFCCL’s role will be to provide support and oversight in implementing the scheme’s objectives. The scope of…

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PFCCL invites bids for consultancy on SR-ER grid strengthening project

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PFC Consulting Limited (PFCCL) has issued a tender for the appointment of a technical consultant for surveying and preparing a report for the Inter-Regional Strengthening between Southern Region (SR) Grid and Eastern Region (ER) Grid. The bid invitation was released on May 13, 2025. The deadline for submission is May 20, 2025. PFCCL has been designated as the bid process coordinator (BPC) for selecting a transmission service provider (TSP) through the tariff-based competitive bidding (TBCB)…

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PFCCL forms three new SPVs for interstate transmission projects

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PFC Consulting Ltd (PFCCL) has incorporated three wholly-owned subsidiaries to act as special purpose vehicles (SPVs) for upcoming interstate transmission system (ISTS) projects. These schemes are being developed under the tariff-based competitive bidding (TBCB) framework. Each SPV will be transferred to the selected transmission service provider after the bidding process. All three projects aim to improve grid connectivity and support renewable energy (RE) integration. The first project, “Augmentation of transformation capacity and implementation of line…

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Resonia secures Ananthapur-II REZ transmission project; PFCCL sets up SPV for Pune expansion

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Resonia Limited, formerly Sterlite Grid 32 Limited, has won the bid for the “Transmission System for Integration of Ananthapur-II Renewable Energy Zone (REZ) Phase-I” project. The contract was awarded through a tariff-based competitive bidding process in 2025. The company will develop the project under a special purpose vehicle (SPV) on a build, own, operate, and transfer (BOOT) basis for 35 years. Meanwhile, PFC Consulting Limited (PFCCL) has incorporated a new SPV, NES Pune East New…

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PFCCL transfers SPV for Kurnool-III transmission project

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PFC Consulting Limited (PFCCL) has transferred Kurnool III PS RE Transmission Limited, a special purpose vehicle (SPV), to Power Grid Corporation of India Limited (PGCIL) for strengthening the transmission system at Kurnool-III PS. The transfer took place on March 27, 2025. POWERGRID received the Letter of Intent (LoI) for the project on March 6, 2025. The project was awarded through Tariff-Based Competitive Bidding (TBCB) and will be executed on a build, own, operate, and transfer…

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PFCCL incorporates two SPVs for transmission projects in Maharashtra

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PFC Consulting Limited (PFCCL) has incorporated two special purpose vehicles (SPVs) for the development of transmission projects in Maharashtra. The SPVs were established on March 21, 2025, to facilitate network expansion for renewable energy evacuation and power supply to data centers. SPVs incorporated: NES Dharashiv Transmission Limited – For the Network Expansion scheme in Maharashtra for evacuation of renewable energy power from Dharashiv, Beed District. NES Navi Mumbai Transmission Limited – For the Network Expansion…

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PFCCL invites bids for Maharashtra transmission expansion; UPPCL seeks environmental expert

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PFC Consulting Limited (PFCCL) has invited Request for Proposal (RfP) bids for the selection of a transmission service provider (TSP) through a tariff-based competitive bidding (TBCB) process. The project, “Network Expansion Scheme in Maharashtra for Providing Supply to Data Centre Loads in Navi Mumbai,”  will be developed on a build, own, operate, and transfer (BOOT) basis. The bidding process was launched on March 24, 2025, with a deadline for submissions set for May 28, 2025….