REC Power handed over SPV for power evacuation from RE projects
POWER & RENEWABLE ENERGY

REC Power handed over SPV for power evacuation from RE projects

REC Power Development and Consultancy Limited (RECPDCL), a subsidiary of REC Limited, has handed over the project-specific Special Purpose Vehicle (SPV), formed for the construction of transmission projects through a transmission system for power evacuation from renewable energy projects in Maharashtra to the consortium of IndiGrid 1 Limited and IndiGrid 2 Limited.

The consortiums were the winning bidders of the inter-state power transmission project, under the Ministry of Power, Government of India and RECPDCL as the bidding process coordinator.

CEO of RECPDCL, R Lakshmanan and Joint CEO of RECPDCL, TSC Bosh, handed over the SPV to Bigyan Parija from IndiGrid 1 Limited and Aditya Kislay from IndiGrid 2 Limited. Other senior officials of all the three companies were also present there.

The transmission developers who participated in the bidding were selected through the Tariff-Based Competitive Bidding (TBCB) process in line with the Standard Bidding Document and guidelines of the Ministry of Power and the government of India.

The scope of transmission project work includes setting up a 400/220 kV sub-station at Kallam and a LILO of 400 kV double circuit in the Pune transmission line. The deadline to complete the project is 18 months.

Image Source

REC Power Development and Consultancy Limited (RECPDCL), a subsidiary of REC Limited, has handed over the project-specific Special Purpose Vehicle (SPV), formed for the construction of transmission projects through a transmission system for power evacuation from renewable energy projects in Maharashtra to the consortium of IndiGrid 1 Limited and IndiGrid 2 Limited. The consortiums were the winning bidders of the inter-state power transmission project, under the Ministry of Power, Government of India and RECPDCL as the bidding process coordinator. CEO of RECPDCL, R Lakshmanan and Joint CEO of RECPDCL, TSC Bosh, handed over the SPV to Bigyan Parija from IndiGrid 1 Limited and Aditya Kislay from IndiGrid 2 Limited. Other senior officials of all the three companies were also present there. The transmission developers who participated in the bidding were selected through the Tariff-Based Competitive Bidding (TBCB) process in line with the Standard Bidding Document and guidelines of the Ministry of Power and the government of India. The scope of transmission project work includes setting up a 400/220 kV sub-station at Kallam and a LILO of 400 kV double circuit in the Pune transmission line. The deadline to complete the project is 18 months. Image Source

Next Story
Resources

Madhya Pradesh Champions Inclusive Tourism at Heritage Sites

On the occasion of World Heritage Day, Madhya Pradesh is taking a significant step toward inclusive tourism by making its historical sites accessible to all — especially persons with disabilities. The state is rolling out its ‘Accessibility Infrastructure and Development’ project at Maheshwar, Mandu, Dhar, and Orchha, aiming to create a more welcoming experience at these iconic cultural destinations.The initiative, under the leadership of Chief Minister Dr Mohan Yadav and Tourism Minister Shri Dharmendra Bhav Singh Lodhi, includes infrastructure upgrades such as ramps, Braille signage, w..

Next Story
Resources

Runwal Realty Onboards Sonam Kapoor as Brand Ambassador

Real estate major Runwal has unveiled a refreshed identity as Runwal Realty, signalling a renewed commitment to crafting spaces that stand the test of time. With this refresh, the brand unveils its new philosophy: “Building for Generations to Come” and welcomes Bollywood star and global fashion icon Sonam Kapoor as its brand ambassador. This evolved identity reflects Runwal Realty’s commitment to creating not just homes, but heirlooms—crafted through visionary design, meticulous planning, global design expertise and an unwavering focus on quality. With the customer at its core, each de..

Next Story
Infrastructure Urban

Emerging Trends in Infrastructure and Transport 2025: KPMG

KPMG’s latest report, The Great Reset: Emerging Trends in Infrastructure and Transport 2025 edition, sheds light on the profound changes transforming the global infrastructure landscape. As industries adapt to the challenges posed by climate change, economic pressures, and technological advancements, the report identifies key trends and provides actionable insights for leaders in infrastructure and transport sectors. “In today’s interconnected world, the lack of standardized supply chain practices is not just an operational challenge—it’s an environmental and economic one. We’..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?