https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

RECPDCL Transfers Ownership of SPVs For Inter State Power Transmission Project in Maharashtra & UP

RECPDCL) has handed over two project-specific Special Purpose Vehicles (SPVs) formed for implementation of two power transmission projects
Indian Masterminds Stories

REC Power Development and Consultancy Limited (RECPDCL), a subsidiary fully owned by REC Limited – a prestigious Maharatna CPSE under the Ministry of Power and a prominent NBFC – has transferred ownership of two project-oriented Special Purpose Vehicles (SPVs) dedicated to the execution of two distinct power transmission ventures.

One SPV, named Kallam Transco Limited, was established for the “Western Region Network Expansion Scheme in the Kallam region of Maharashtra”, a cross-state transmission initiative sponsored by the Ministry of Power, Government of India. This SPV has now been entrusted to the consortium of M/s Indigrid 2 Limited & Indigrid 1 Limited, who emerged as the winning bidders.

The other SPV, Jalpura Khurja Power Transmission Limited, was created for the “Development of a 400/220 kV, 2×500 MVA GIS substation at Metro Depot (Greater Noida) along with associated lines and a 400/220 kV, 2×500 MVA GIS substation at Jalpura”, a project within the state boundaries of Uttar Pradesh. This SPV has been awarded to M/s The Tata Power Company Limited, marking them as the successful bidder.

The formal handover of these SPVs to the respective winning bidders took place on April 5, 2024, witnessed by the CEO of RECPDCL, Shri Rajesh Kumar, along with senior representatives from RECPDCL, REC Limited, the Central Transmission Utility of India Limited, and the Uttar Pradesh Power Transmission Corporation Limited.

Serving as the Bid Process Coordinator for both projects, RECPDCL facilitated their execution through a competitive tariff-based bidding process.


Indian Masterminds Stories
Related Stories
NEWS
IAS-Officer-Logo
IAS Siddharth Mahajan’s Tenure as Joint Secretary Extended in Department of Commerce
IRS Officers ndian revenue Services
IRS Vikas Singh Appointed Director in Ministry of Petroleum & Natural Gas
Inter cadre Transfer
Two IPS Officer Given Inter-cadre Transfer on the Grounds of Marriage; Check Names Here
Alka Tiwari IAS
Jharkhand: IAS Alka Tiwari Appointed New Chief Secretary Ahead of Elections
Bibek Debroy
Remembering Bibek Debroy: The Economist Who Bridged Ancient Wisdom and Modern Policy
Ministry_of_CorporateAffairs(Corporate)MCA
IRS Kiran Reddy T Appointed Director, Ministry of Corporate Affairs
bribery
Two IRS & Three CGST SIs Arrested By CBI In "Rs. 50 Lakh" Bribery Case
West bengal Government WB
West Bengal: IAS Ravi Kumar Meena Made SDO, Arambagh-Hooghly
Videos
Prakash Singn IPS
Mulayam Singh Introduced Casteism in Police Force
WhatsApp Image 2024-10-25 at 21.23
Why Only Soldiers? Can’t Politicians or Civilians Sacrifice Too?
IMG-20241022-WA0016
IAS Officer’s Mission to Combat Breast Cancer in Rural India | Video Interview
ADVERTISEMENT
Latest
Tejas Krishna Prasad
How COVID-19 Led an Olympic Marksman to Crack UPSC
IAS-Officer-Logo
IAS Siddharth Mahajan’s Tenure as Joint Secretary Extended in Department of Commerce
ADVERTISEMENT
Videos
Prakash Singn IPS
WhatsApp Image 2024-10-25 at 21.23
IMG-20241022-WA0016
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT