RECPDCL Hands Over SPVs for Two Power Transmission Projects to Successful Bidders
RECPDCL played a crucial role as the bid process coordinator for both projects, which were executed through a tariff-based bidding process.
April 08, 2024. By Abha Rustagi
One of the SPVs, named Kallam Transco Limited, has been established for the 'Western Region Network Expansion Scheme in Kallam area of Maharashtra,' an inter state transmission project of the Ministry of Power, Government of India. This SPV has been handed over to M/s Indigrid 2 Limited and Indigrid 1 Limited (Consortium), the successful bidder.
Similarly, another SPV named Jalpura Khurja Power Transmission Limited has been created for the 'construction of 400/220 kV, 2×500 MVA GIS substation metro depot (Greater Noida) with associated lines and 400/220 kV, 2×500 MVA GIS substation Jalpura,' an Intra-state project of the Government of Uttar Pradesh. This SPV has been handed over to M/s The Tata Power Company Limited, the successful bidder.
The transfer of SPVs to the successful bidders occurred in the presence of CEO, RECPDCL, Rajesh Kumar, and senior officials of RECPDCL, REC Limited, Central Transmission Utility of India Limited, and Uttar Pradesh Power Transmission Corporation Limited.
RECPDCL played a crucial role as the bid process coordinator for both projects, which were executed through a tariff-based bidding process.
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