https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

RECPDCL Handed Over 5 Inter State Transmission Projects to Successful Bidders  

Under Prime Minister's Development Package projects, RECPDCL has been executing critical infrastructure upgradation projects in distribution and transmission sectors in the UT of J&K and Ladakh
Indian Masterminds Stories

REC Power Development and Consultancy Limited [RECPDCL], a wholly owned subsidiary of REC Limited, handed over five Inter State Transmission Project, which is Special Purpose Vehicles (SPVs), to the NBFC Maharatna center public sector enterprise under the aegis of Ministry of Power through tariff-based competitive bidding process.  

M/s Power Grid Corporation of India Limited (PGCIL), M/s Indigrid 2 Limited & Indigrid 1 Limited (Consortium) and M/s Apraava Energy Private Limited emerged as the successful bidders for the ISTS Transmission Projects of Ministry of Power, Government of India. RECPDCL was the Bid Process Coordinator. 

The SPVs were handed over to the successful bidders in presence of CEO, RECPDCL, Mr. Rajesh Kumar and senior officials of RECPDCL, REC Limited, PGCIL, Central Electricity Authority (CEA) & CTUIL, on 9 February, 2024. 

Chief Executive Officer, RECPDCL Mr. Rajesh Kumar said: “In line with the visionary directions of Union Minister for Power and New & Renewable Energy Mr. R. K. Singh and Power Secretary Mr. Pankaj Agarwal, RECPDCL is putting in all possible efforts to ensure the growth of renewable power reforms to cater to the electricity demand of the country. Tariff-based Competitive Bidding (TBCB) for the development of transmission system for evacuation of renewable energy is one such noble mission and RECPDCL is privileged to be a Bid Process Coordinator for award of projects through the TBCB route.” 

On the occasion, RECPDCL also handed over Letters of Award (LOAs) to successful bidders, namely, M/s Avaada Energy Private Limited and M/s Juniper Green Energy Private Limited, for setting up 100 MW wind power projects of Damodar Valley Corporation. These LOAs have been given under the “Scheme for flexibility in Generation and Scheduling of Thermal/Hydro Power Stations through bundling with Renewable Energy and Storage Power” of the Ministry of Power. 

Under Prime Minister’s Development Package projects, RECPDCL has been executing critical infrastructure upgradation projects in distribution and transmission sectors in the UT of J&K and Ladakh. With its expert consulting, project implementation and transaction advisory services, RECPDCL is thus playing a key role across the power sector value chain of the country. 


Indian Masterminds Stories
Related Stories
NEWS
IRFC
Hindu College Inaugurates Public Policy Lab in Collaboration with IRFC
Shantanu Roy BEML Limited
BEML CMD Shantanu Roy Honoured with Samarpan PSU Award for Exemplary Leadership
Swapneel Paul IAS
Tinsukia's District Commissioner, IAS Swapneel Paul, Bags Prime Minister's Award for Excellence in Public Administration 2024
MoRTH
GPS-Based Toll Collection: MoRTH Clarifies No Nationwide Rollout from May 1; Know All About the Innovative Toll System
NFL _ National Fertilizers Limited
NFL to Acquire 18% Stake in ₹10,601 Crore Urea Plant JV in Assam
HPCL Mittal Energy MoU
HMEL Signs MoU with IIT Kanpur to Boost Innovation in Sustainable Energy Technologies
Maharashtra govt-logo
2 IAS Officers Appointed to Key Roles in Maharashtra, Jayshree Bhoj Made Secy, Environment
India’s Natural Gas Demand
Govt Strengthens Domestic Gas Allocation Policy to Ensure Affordable, Clean Energy Access
Videos
IRS Padmapani Bora UPSC
IRS Padmapani Bora’s 16-Year-Long Journey in Governance
WhatsApp Image 2025-04-13 at 1.46
This Collector Finds Happiness In Squeaks Of Children With Hearing Impairment Who Start Hearing After Surgery
Meghashree D R IAS
How Wayanad’s Women Turned a Disaster into a Dream Project
UPSC Stories
IRS Padmapani Bora UPSC
IRS Padmapani Bora’s 16-Year-Long Journey in Governance
IRS officer Padmapani Bora's 16-year career transcends typical bureaucracy. Discover his surprising journey...
IAS T Rahul Kumar reddy
How This IAS Officer Overcame 4 Consecutive Mains Failures & 1 Interview Rejection
IAS Officer T. Rahul Kumar Reddy’s journey to success was marked by perseverance through six UPSC attempts....
Indrajeet Sirra IFS new
How This IFS Officer’s Journey Teaches Aspirants to Never Miss Any Opportunity in Their UPSC Dream
Indrajeet Sirra’s journey to becoming an IFS officer after five UPSC attempts teaches aspirants the importance...
Social Media
Tiger
IAS Officer Sanjay Kumar Shares Mesmerising Tigress Patrol Video from Dudhwa Tiger Reserve
In the video, the tigress is seen cooling off in her preferred waterhole before embarking on her evening...
comp-61_1744872235
Tigress Hunts Sambhar in Front of Tourists at Bandhavgarh Tiger Reserve – Video Goes Viral
The incident took place in the Chakradhara area of Tala Zone, one of the most popular safari zones in...
IAS Priyansha Garg
“Welfare and Farewell”: IAS Priyansha Garg Pens Heartfelt Note After Series of Goodbyes
“While sitting on the chair, your job is the welfare of others. You’ll take decisions for people you...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
IRFC
Hindu College Inaugurates Public Policy Lab in Collaboration with IRFC
Shantanu Roy BEML Limited
BEML CMD Shantanu Roy Honoured with Samarpan PSU Award for Exemplary Leadership
Videos
IRS Padmapani Bora UPSC
WhatsApp Image 2025-04-13 at 1.46
Meghashree D R IAS
ADVERTISEMENT
ADVERTISEMENT