RECPDCL

REC board approves SPVs for eight ISTS-TBCB schemes

The board of REC Ltd has approved the formation of eight special purpose vehicles (SPVs) associated with the development of as many interstate transmission system (ISTS) schemes. In a stock exchange filing, REC said that its Read more

Bidders shortlisted for hydropower evacuation scheme in Himachal Pradesh

Three bidders have been shortlisted for an ISTS scheme to set up evacuation infrastructure for upcoming hydropower projects in Himachal Pradesh. Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has shortlisted Power Grid Corporation Read more

G R Infraprojects acquires “Tumkur-II REZ Power Transmission” from RECPDCL

REC Power Development & Consultancy Ltd (RECPDCL), a wholly owned subsidiary of REC Ltd, handed over a project SPV (special purpose vehicle) "Tumkur-II REZ Power Transmission Ltd" to G R Infraprojects Ltd (GRIL) on September 3, 2024, at Read more

Sterlite Power wins its second green energy evacuation scheme in Gujarat

Sterlite Power has secured Khavda Phase-IV (7GW): Part C project to develop the transmission system for evacuating power from the potential renewable energy zone in the Khavda region of Gujarat. This order win marks Sterlite Power’s second venture into Read more

Khavda IV-A takes Adani Energy’s transmission line portfolio to over 21,700 ckm

The newly-won Khavda IV A transmission project has taken the overall transmission portfolio of Adani Energy Solutions Ltd (AESL) to 21,783 ckm, while the aggregate transformation capacity stands at 61,686 MVA. In a release, AESL said that “Khavda IV Read more

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