title RECPDCL hands over two special project-specific SPVs to PGCIL – Smart Governance
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Home Governance

RECPDCL hands over two special project-specific SPVs to PGCIL

Nivedita by Nivedita
August 20, 2024
in Governance, Infrastructure, PSE
RECPDCL hands over two special project-specific SPVs to PGCIL
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Gurugram: REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, the Maharatna CPSU, under the Ministry of Power has handed over two special project-specific SPVs, Rajasthan IV-C and Rajasthan IV-E, to evacuate power from the Rajasthan Renewable Energy Zone Ph-IV (Jaisalmer/Barmer Complex) to Power Grid Corporation of India Limited (PGCIL).

Power Grid Corporation of India Limited (PGCIL) was selected as the Transmission Service Provider (TSP) for the above transmission projects through the Tariff-based Competitive Bidding (TBCB) process led by RECPDCL, the Bid Process Coordinator.

The Rajasthan IV-C Power Transmission Limited project includes the building of 765/400 kV, 3×1500 MVA, and 400/220 kV, as well as a 5×500 MVA pooling station at Mandsaur, 171.75 km of 765 kV line, and ancillary works. The project Rajasthan IV-E Power Transmission Limited includes a 765 kV substation at Rishabdeo, a 339.24 km 765 kV line, and related works.

RECPDCL CEO, Shri T.S.C. Bosh, presented SPVs to PGCIL authorities, announcing initiatives to be implemented over the next two years.

 

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