RECPDCL

RECPDCL transfers SPVs for two ISTS projects to winning bidders

Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has transferred to project special purpose vehicles (SPV) for the development of as many interstate transmission system (ISTS) projects to their winning developers – Adani Energy Solutions Ltd Read more

PGCIL acquires “Bhadla-III Power Transmission” from RECPDCL

Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) handed over project SPV “Bhadla-III Power Transmission Ltd” to Power Grid Corporation of India Ltd (PGCIL), on August 28, 2024. PGCIL emerged as the successful bidder, Read more

Apraava Energy wins its fourth greenfield ISTS-TBCB scheme

Apraava Energy has won its fourth greenfield interstate transmission system (ISTS) scheme under the tariff-based competitive bidding (TBCB) mechanism. On August 21, 2024, bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) formally handed over project SPV “Rajasthan Read more

Three qualify for Navinal TBCB transmission scheme in Gujarat

Three developers have qualified for opening of initial price bids for the ISTS-TBCB scheme housed under “Navinal Transmission Ltd”. It is learnt that Power Grid Corporation of India Ltd (PGCIL), Sterlite Power and Adani Energy Solutions Read more

Two SPVs for ISTS-TBCB schemes handed over to PGCIL

Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL), on August 19, 2024, formally handed over two project special purpose vehicles associated with as many ISTS-TBCB schemes to Power Grid Corporation of India Ltd (PGCIL), the successful Read more

“Rajasthan IV 4B Power Transmission Ltd” incorporated

REC Power Development & Consultancy Ltd (RECPDCL) has announced the incorporation of a wholly-owned subsidiary “Rajasthan IV 4B Power Transmission Ltd” that will act as a project special purpose vehicle (SPV) for development of an Read more

PGCIL gets LoI for Bhadla-III Pooling Station augmentation scheme

Power Grid Corporation of India Ltd (PGCIL) has received the letter of intent for developing an interstate transmission system (ISTS) scheme, related to augmentation at the Bhadla-III Pooling Station in Rajasthan. In a brief stock exchange Read more

G R Infraprojects set to win its third ISTS-TBCB scheme

G R Infraprojects Ltd (GRIL) is set to win its third interstate transmission system (ISTS) scheme under the tariff-based competitive bidding (TBCB) route. In a stock exchange filing, GRIL said that it has Read more

RECPDCL incorporates SPV for RE evacuation scheme in Rajasthan

REC Power Development & Consultancy Ltd (RECPDCL) has incorporated a project special vehicle for development of an interstate transmission system (ISTS) scheme associated with renewable energy evacuation in Rajasthan. The project SPV called “Rajasthan IV 4A Read more

PGCIL emerges L1 for mega HVDC scheme in Rajasthan

Power Grid Corporation of India Ltd (PGCIL) has emerged L1 for a major interstate transmission system (ISTS) scheme, involving extensive use of HVDC technology. In an investor presentation discussing the company’s performance in Q1FY25, PGCIL said Read more