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DIPAM rejects JV proposal of BHEL with RECPDCL
September 26, 2025October 28, 2025 News, India, Renewable Energy

Bharat Heavy Electricals Limited (BHEL) has informed that the Department of Investment and Public Asset Management (DIPAM) did not approve the proposed joint venture (JV) with REC Power Development and Consultancy Limited (RECPDCL). The board communicated this decision in its meeting on September 25, 2025, following a previous clarification issued on May 10, 2025. The JV, initially announced in March 2024, was intended to develop utility-scale renewable energy projects across India through a special purpose…

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India | News | T&D

RECPDCL invites fresh bids for Himachal hydropower evacuation scheme
September 12, 2025October 28, 2025 India, News, T&D

REC Power Development and Consultancy Limited (RECPDCL) has launched a tariff-based competitive bidding (TBCB) process to select a transmission service provider for evacuating power from the 450 MW Shongtong Karcham hydroelectric project (HEP) and the 150 MW Tidong HEP in Himachal Pradesh. The project, being developed by Himachal Pradesh Power Corporation Limited (HPPCL), is scheduled to be commissioned by July 2026. The transmission scheme will be housed under the special purpose vehicle (SPV) Shongtong Power…

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India | News | T&D

RECPDCL invites bids for Jalna transmission project in Maharashtra
September 4, 2025October 29, 2025 India, News, T&D

REC Power Development and Consultancy Limited (RECPDCL), acting as the bid process coordinator, has issued a request for proposal (RFP) for the “Establishment of 400/132 kV AIS Jalna (Dist-Jalna).” The selected transmission service provider will acquire 100 per cent equity in Jalna Power Transmission Limited and develop the project on a build, own, operate, and transfer basis. The project is invited under the Tariff-Based Competitive Bidding (TBCB) route. The project scope includes setting up a…

Read More RECPDCL invites bids for Jalna transmission project in Maharashtra
India | News

RECPDCL invites bids for Devanahalli and Hosakote transmission projects in Karnataka
August 22, 2025August 22, 2025 India, News

REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, has issued Request for Proposal bids for selection of transmission service providers through tariff-based competitive bidding (TBCB) for two intra-state transmission projects in Karnataka. The first scheme involves establishing a 2 x 150 MVA, 220/66/11 kV gas insulated station at Devanahalli (New) in Bengaluru Rural district. It includes associated 220 kV and 66 kV connectivity elements, along with provisions for future…

Read More RECPDCL invites bids for Devanahalli and Hosakote transmission projects in Karnataka
India | News

RECPDCL to deploy 3.32 million smart meters in Gujarat
July 15, 2025July 15, 2025 India, News

REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, has signed key agreements for deploying 3.32 million smart prepaid meters in Gujarat under Phase II of the Revamped Distribution Sector Scheme (RDSS). The agreements were signed with Paschim Gujarat Vij Company Limited (PGVCL) and cover both the project implementation agency (PIA) role and distribution development fund support. The project will follow a design, build, finance, own, operate, and transfer (DBFOOT)…

Read More RECPDCL to deploy 3.32 million smart meters in Gujarat
India | News

RECPDCL incorporates new SPVs for RE-linked transmission projects
July 10, 2025July 16, 2025 India, News

REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, has set up three new Special Purpose Vehicles (SPVs) to implement upcoming transmission infrastructure projects. The three newly incorporated SPVs are: Ananthapuram II Power Transmission Limited, for the Transmission System for Integration of Ananthapuram-II REZ – Phase-II (3 GW). Davanagere Power Transmission Limited, for Transmission system strengthening at Davanagere to integrate RE generation. Jalna Power Transmission Limited, for the…

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India | News

RECPDCL incorporates three new transmission subsidiaries
July 9, 2025July 9, 2025 India, News

REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, has incorporated three new wholly owned subsidiaries to serve as project-specific Special Purpose Vehicles (SPVs) for upcoming transmission infrastructure projects. 1) Umred Power Transmission Limited Umred Power Transmission Limited was incorporated on July 7, 2025 to execute the intra-state transmission project for the establishment of a 400/220/132 kV substation at Umred in Nagpur district. 2) Sakoli Power Transmission Limited Sakoli Power…

Read More RECPDCL incorporates three new transmission subsidiaries
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RECPDCL invites bids for SR-WR grid strengthening project
June 23, 2025June 23, 2025 India, News

REC Power Development and Consultancy Limited (RECPDCL) issued a Request for Proposal (RfP) on 20 June 2025 to select a Transmission Service Provider (TSP) for a new inter-state transmission project. This project will be awarded through the Tariff Based Competitive Bidding (TBCB) route. The project, titled “Inter-Regional Strengthening between SR Grid and WR Grid” aims to enhance power transfer capacity between the Southern and Western Regions. It is crucial for supporting the Southern Region’s growing…

Read More RECPDCL invites bids for SR-WR grid strengthening project
India | News

RECPDCL transfers four transmission SPVs to PGCIL and IndiGrid
March 26, 2025March 26, 2025 India, News

REC Power Development & Consultancy Limited (RECPDCL) has transferred four special purpose vehicles (SPVs) to Power Grid Corporation of India Limited (PGCIL) and IndiGrid 2 Private Limited for the development of transmission system projects across India. The transfer took place on March 24, 2025. SPVs transferred to PGCIL PGCIL has taken over three SPVs for key transmission projects: Banaskantha Transco Limited – Augmentation of transformation capacity at Banaskantha (Raghanesda) PS (GIS) in Gujarat. Kurnool-IV…

Read More RECPDCL transfers four transmission SPVs to PGCIL and IndiGrid
India | News

CERC grants interstate trading licence to RECPDCL
January 20, 2025January 20, 2025 India, News

The Central Electricity Regulatory Commission (CERC) has granted an interstate trading licence to REC Power Development & Consultancy Ltd (RECPDCL), a wholly-owned subsidiary of REC Ltd. The “Category I” licence allows RECPDCL to engage in interstate electricity trading across India for 25 years. This follows the public notice issued in December 2024, which received no objections, allowing CERC to finalize the licence. RECPDCL is also seeking to become a Project Implementation Agency (PIA) for transmission…

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