https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

RECPDCL Transfers SPVs of Major Transmission Projects to Power Grid Corporation

he projects, part of the Inter-State Transmission System (ISTS) under the Tariff-Based Competitive Bidding (TBCB) route, were transferred to PGCIL on March 24, 2025, at a ceremony held in Gurugram.
Indian Masterminds Stories

Gurugram: REC Power Development and Consultancy Limited (RECPDCL), a subsidiary of REC Limited, has handed over three Special Purpose Vehicles (SPVs) for transmission projects to Power Grid Corporation of India Limited (PGCIL). The projects, part of the Inter-State Transmission System (ISTS) under the Tariff-Based Competitive Bidding (TBCB) route, were transferred to PGCIL on March 24, 2025, at a ceremony held in Gurugram.

The three SPVs include:

  1. Banaskantha Transco Limited
    • Project: Augmentation of transformation capacity at Banaskantha (Raghanesda) Pooling Station (GIS) by installing 2×500 MVA, 400/220 kV ICTs.
    • Estimated cost: ₹143.35 crore.
  2. Kurnool-IV Transmission Limited
    • Project: Establishment of a 4×1500 MVA, 765/400 kV and 4×500 MVA, 400/220 kV Kurnool-IV Pooling Station.
    • Transmission lines of 375 km from Kurnool-IV to Bidar and 127 km from Kurnool-IV to Kurnool-III.
    • Estimated cost: ₹4,727.05 crore.
  3. Rajasthan V Power Transmission Limited
    • Project: Transmission system for evacuation of power from Sirohi substation and Sirohi and Merta-II Power Stations.
    • Estimated cost: ₹4,736.23 crore.

The handover was facilitated by Mr T.S.C. Bosh, CEO of RECPDCL, to Mr Pankaj Pandey, Executive Director of PGCIL, with senior officials from RECPDCL, PGCIL, and the Central Transmission Utility of India Limited (CTU) present.

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 the transmission projects on Build, Own, Operate & Transfer (BOOT) basis.

These projects are part of the government’s initiative to enhance transmission infrastructure across the country. The projects are set for completion in 24 months, further contributing to India’s power sector growth and stability.


Indian Masterminds Stories
ADVERTISEMENT
ADVERTISEMENT
Related Stories
ADVERTISEMENT
ADVERTISEMENT
NEWS
IPS Ratan Lal Dangi
Who Is IPS Ratan Lal Dangi? Chhattisgarh Police Officer Accused of Harassment by SI’s Wife; IG Anand Chhabra Assigned Probe - Full Story
Yogi Adityanath Ayodhya visit in Diwali
UP: CM Yogi Adityanath Orders Fire Stations Every 100 Km on Expressways, Approves 1,020 New Posts in Fire Services
SDM Chhotu Lal Sharma
Who Is SDM Chhotu Lal Sharma? The 2015-Batch RAS Officer Caught in Yet Another Scandal After Slapping Petrol Pump Employee
Solar Panels
CERC Proposes Buyout Price Mechanism to Ensure Compliance with Renewable Consumption Obligations
Ministry of New and Renewable Energy MNRE
MNRE Invites Creative Minds to Design Official Logo for National Green Hydrogen Mission
RBI
RBI Proposes Mandatory Unique Transaction Identifier for OTC Derivative Trades from April 2026
INS Trikand
Indian Navy’s INS Trikand Executes Heroic Firefighting and Rescue Operation on MT Falcon in Gulf of Aden
gghghghg
Defence Acquisition Council Approves Rs 79,000 Crore for Advanced Military Systems to Boost India’s Defence Capabilities
ADVERTISEMENT
ADVERTISEMENT
Videos
WhatsApp Image 2025-10-19 at 12.23
UPSC Journey Should Be Enjoyable, Not Cumbersome
WhatsApp Image 2025-10-16 at 15.16
The Many Facets of Former IRS Officer and Author, Giselle Mehta | Video Interview
IDES Saquib Alam
Beyond IAS and IPS: The Inspiring Work of an IDES officer | Video Interview 
ADVERTISEMENT
UPSC Stories
IAS Rupal Rana UPSC
How Rupal Rana Cracked UPSC CSE 2023 with AIR 26 After Four Attempts
UPSC Topper Rupal Rana secured AIR 26 in 2023 after four attempts. Learn her preparation strategy, booklist,...
Ankita Parashar RAS 2023
4 Attempts, 1 Dream, 0 Excuses: Meet RAS Topper Ankita Parashar, Who Fulfilled a Daughter’s Promise & Secured Rank 2 | Exclusive Interview
Ankita Parashar, a teacher-turned-officer from Pushkar, fulfilled her late father’s dream by securing...
Kushal Chaudhary RAS
From Lab Assistant’s Grit to Rajasthan Topper: How Kushal Chaudhary Topped RAS 2023 with Self-Study | Preparation, Strategy & Interview
Kushal Chaudhary, a farmer’s son and lab assistant from Ajmer, topped RAS 2023 through self-study, overcoming...
Social Media
IFS Parveen Kaswan
Heartbreak by the River: 15-Day-Old Elephant Calf Rejected by Mother, Rescued by IFS Parveen Kaswan and His Team
Jaldapra, West Bengal: In a moving incident that tugs at the heart, a 15-day-old elephant calf was rescued...
Ashwini Bhide IAS and Anand Mahindra
Who Is IAS Ashwini Bhide, Hailed as a Role Model for Mumbai Metro Transformation by Anand Mahindra?
From heritage to high-tech: Bhide’s leadership in Metro Line 3 earns public praise and admiration
World Rhino Day India
On World Rhino Day, IFS Officer Parveen Kaswan Shares Rare Insights - India Now Hosts 80% of the World’s One-Horned Rhinos
September 22 Marks Global Call for Rhino Conservation; India Holds 80% of World’s Greater One-Horned...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
IPS Ratan Lal Dangi
Who Is IPS Ratan Lal Dangi? Chhattisgarh Police Officer Accused of Harassment by SI’s Wife; IG Anand Chhabra Assigned Probe - Full Story
Yogi Adityanath Ayodhya visit in Diwali
UP: CM Yogi Adityanath Orders Fire Stations Every 100 Km on Expressways, Approves 1,020 New Posts in Fire Services
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
WhatsApp Image 2025-10-19 at 12.23
WhatsApp Image 2025-10-16 at 15.16
IDES Saquib Alam
ADVERTISEMENT
ADVERTISEMENT