REC PDCL forms SPV for transmission system in Rajgarh, Madhya Pradesh
Author: PPD Team Date: December 26, 2024
REC Power Distribution Company Limited (REC PDCL) incorporated Rajgarh III Power Transmission Limited, a special purpose vehicle (SPV) for the development of the Transmission system for Evacuation of Power from RE Projects in Rajgarh (1500 MW) SEZ in Madhya Pradesh-Phase III on December 24, 2024.
REC PDCL has been appointed as the bid process coordinator (BPC) for the selection of a transmission service provider (TSP) for the establishment of the project through tariff based competitive bidding (TBCB) process.