The quantum of transmission line and transformation capacity added in the first seven months (April to October) of FY25 has surpassed the target set for the period. This is the first time in FY25 that achievement has exceeded the target.
In independent developments, bid process coordinators REC Power Development & Consultancy Ltd (RECPDCL) and PFC Consulting Ltd (PFCCL), on November 20, 2024, together incorporated three wholly-owned subsidiaries to act as project special purpose vehicles for development of as many transmission schemes under the tariff-based competitive bidding (TBCB) route.
Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has incorporated two wholly-owned subsidiaries that would act as special purpose vehicles for the development of two ISTS schemes to be awarded under the tariff-based competitive bidding (TBCB) route.