State-run Power Grid, Sterlite, Adani and Essel have submitted their financial bids for the Rs 6,000 crore Warangal transmission project. Reliance Power Transmission, which had qualified the technical round, did not submit its financial bid. To develop the country´s power transmission capacity, the government is in the process of auctioning projects worth Rs 1 lakh crore in the current fiscal. These are auctioned through the tariff-based competitive
bidding (TBCB) process.