Transmission bidding

India | News

PFC transfers Angul Sundargarh transmission project to HG Infra
By July 31, 2025July 31, 2025

Power Finance Corporation Ltd (PFC) has transferred its subsidiary, Angul Sundargarh Transmission Ltd, to HG Infra Engineering Ltd. Angul Sundargarh Transmission Ltd is a special purpose vehicle (SPV) for the Eastern Region Generation Scheme-I (ERGS-I), a central transmission project. The handover was completed on July 28, 2025, under a signed Share Purchase Agreement. The selection was based on tariff-based competitive bidding. HG Infra emerged as the lowest bidder (L-1) by quoting Rs 431.11 million annually…

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India | News

Eight firms qualify for Gujarat RE transmission project, three for ERGS-I
By July 2, 2025July 16, 2025

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 shortlisted bidders are Power Grid Corporation of India Limited (PGCIL), Adani Energy Solutions Limited (AESL), Resonia Limited, Torrent Power Limited, Reliance Industries Limited (RIL), Dineshchandra R Agrawal Infracon Private Limited (DRAIPL), KCC Buildcon Private Limited,…

Read More Eight firms qualify for Gujarat RE transmission project, three for ERGS-I
India | News

Power Ministry expands financial options in transmission bidding norms
By June 23, 2025June 23, 2025

The Ministry of Power has revised the Standard Bidding Documents (SBDs) for the procurement of Inter-State Transmission Services under the Tariff-Based Competitive Bidding (TBCB) framework. The amendments, which took effect on 5th June 2025, expand the financial instruments that developers can use to meet bid security and performance guarantee requirements. These changes were driven by repeated representations from transmission developers who flagged the constraints imposed by the requirement for unconditional and irrevocable bank guarantees. Such…

Read More Power Ministry expands financial options in transmission bidding norms
India | News

PFCCL invites bids for Kurnool-IV REZ Phase-II transmission project
By May 7, 2025May 7, 2025

PFC Consulting Limited (PFCCL) has invited Request for Proposal (RfP) bids to select a transmission service provider (TSP) for a key power transmission project in Andhra Pradesh. The bidding will follow a tariff-based competitive bidding (TBCB) route under a build, own, operate, and transfer (BOOT) model. Bids can be submitted until July 5, 2025. PFCCL is acting as the bid process coordinator for the project. The selected TSP will develop and operate the Inter-State Transmission…

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