TAG: "TBCB"

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Tata Power Awards 50 MW FDRE Project to ACME Solar

Awarded under Tariff-Based Competitive Bidding (TBCB), Tata Power’s FDRE project to be executed by ACME Solar with 40 percent CUF and four hours of peak-hour supply at 90 percent monthly availability.

TBCB | September 03, 2025 | By News Bureau |  909

Odisha to Roll Out Pumped Storage Policy 2025, Eyes 45 Renewable Energy Projects

Odisha will roll out its Pumped Storage Policy 2025, targeting 45 projects with incentives, dual-route allocations, and GRIDCO’s power purchase rights to boost renewable energy integration and grid stability.

TBCB | July 29, 2025 | By EI News Network |  1768

MoP Amends TBCB Rules, Reduces PBG to 3 Percent and Mandates Faster PSA Approvals for RE Projects

The government has revised TBCB guidelines for solar, wind, hybrid, and storage projects—reducing PBG to 3 percent, enforcing 30-day PSA approval, and allowing SCOD extensions for regulatory delays, boosting developer confidence.

TBCB | June 26, 2025 | By EI News Network |  890

PGCIL Acquires 3 Transmission Project SPVs from RECPDCL

Power Grid Corporation of India Ltd. (PGCIL) has acquired three transmission project SPVs from RECPDCL through Tariff-Based Competitive Bidding. The projects aim to enhance grid stability and power evacuation across key regions in India.

TBCB | March 26, 2025 | By EI News Network |  1077

MoP Amends TBCB Guidelines for Wind Power Projects

The Ministry of Power (MoP) amended Tariff-Based Competitive Bidding (TBCB) guidelines for procurement of power from grid-connected wind power projects, introducing location-specific bids, new financial instruments, stricter CUF compliance, and faster PPA timelines to enhance transparency and accelerate renewable energy deployment.

TBCB | February 20, 2025 | By EI News Network |  1593

Ministry of Power Releases TBCB Guidelines for Pumped Storage Plants

The Ministry of Power has issued new tariff-based competitive bidding (TBCB) guidelines for procuring storage capacity from Pumped Storage Plants (PSPs), aiming to enhance transparency and promote PSP development across India.

TBCB | February 18, 2025 | By EI News Network |  2493

SECI Invites Bids for 500 MW ISTS-Connected Solar PV Projects

SECI will enter into 25-year Power Purchase Agreements with the selected developers, with the generated power being supplied to various buying entities across the country.

TBCB | February 15, 2025 | By Abha Rustagi |  1245

PFCCL Forms SPV for Transmission of 3 GW RE Power for Green Hydrogen Manufacturing in Gujarat

Power Finance Corporation Ltd.’s (PFC) subsidiary, PFC Consulting Ltd. (PFCCL), has incorporated a special purpose vehicle, Mundra I Transmission Ltd., to develop a 3 GW power transmission system for green hydrogen/ammonia production in Gujarat.

TBCB | December 27, 2024 | By Mrinmoy Dey |  1520

Madhya Pradesh to Evacuate 2,500 MW of RE with New Transmission Systems

Madhya Pradesh's transmission systems for 2,500 MW of renewable energy projects in Rajgarh and Neemuch have been recommended under TBCB. These upgrades will enhance power evacuation, supporting the state's renewable energy growth and contributing to India's clean energy transition.

TBCB | December 18, 2024 | By EI News Network |  1686

SJVN Invites Bids for 6000 MWh RE Projects with Storage Systems

SJVN Ltd. has issued a Request for Selection (RfS) for 6000 MWh of assured peak power from ISTS-connected renewable energy projects with energy storage systems. Bids are due by January 24, 2025, with key requirements including document fees, EMD, and bid validity.

TBCB | December 09, 2024 | By EI News Network |  3044

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