RECPDCL hands over 2 SPVs to Power Grid

| | Gurugram
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RECPDCL hands over 2 SPVs to Power Grid

Wednesday, 21 August 2024 | PNS | Gurugram

REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, the Maharatna CPSU under the aegis of Ministry of Power, handed over two) project specific SPVs (Special Purpose Vehicles), Rajasthan IV-C Power Transmission Ltd and Rajasthan IV-E Power Transmission Ltd formed for evacuation of power from Rajasthan Renewable Energy Zone Ph-IV (Jaisalmer/Barmer Complex).

Power Grid Corporation of India Limited (PGCIL) emerged as the Transmission Service Provider (TSP) through Tariff-based Competitive Bidding (TBCB) process conducted by RECPDCL, the Bid Process Coordinator, for development of above transmission projects on Build, Own, Operate and Transfer (BOOT) basis. The project Rajasthan IV-C Power Transmission Ltd covers construction of 765/400 kV, 3x1500 MVA & 400/220 kV, 5x500 MVA Pooling Station at Mandsaur, 171.75 Kms of 765 kV line and associated works.

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