REC Power Development and Consultancy Limited (RECPDCL) has established Lakadia B Power Transmission Limited, a special purpose vehicle (SPV) aimed at augmenting the transformation capacity of the 765/400 kV Lakadia Substation in Gujarat. RECPDCL has been designated as the bid process coordinator to select a transmission service provider for this project through a tariff-based competitive bidding process.
KPI Green Energy has signed power purchase agreements (PPAs) with Gujarat Urja Vikas Nigam (GUVNL) for 620 MWAC (917 MWDC) renewable energy projects. The agreement includes a 250 MWAC (275 MWDC) grid-connected solar photovoltaic project, won through a competitive bidding process under Phase-XXIV, aimed at procuring power from 500 MW grid-connected solar projects across India, with an additional greenshoe option for up to 500 MW. Additionally, KPI Green secured a 370 MWAC (642 MWDC) grid-connected…
On October 15, 2024, PFC Consulting Ltd (PFCCL) transferred four special purpose vehicles (SPVs) for interstate transmission system (ISTS) projects to their winning developers, selected through tariff-based competitive bidding (TBCB). The projects were handed over to Power Grid Corporation of India Ltd (PGCIL) and Adani Energy Solutions Ltd (AESL), with each developer receiving two projects. The SPVs, previously incorporated as PFCCL subsidiaries, were transferred as follows: South Olpad Transmission Ltd (incorporated January 19, 2024), handling…
RMC Switchgears Limited has won an engineering, procurement, and construction (EPC) and operation and maintenance (O&M) contract worth Rs 2.01 billion to develop a solar power project aimed at solarising agricultural feeders in Maharashtra. The project was awarded through a competitive bidding process and an e-reverse auction, supporting efforts to enhance the state’s agricultural energy sustainability.
RajCOMP Info Services has issued a call for bids for the commissioning and maintenance of an optical cable network in Rajasthan. The selected bidder will handle the laying, testing, and commissioning of the network on a turnkey basis, up to the nearest RSWAN PoP, through open competitive bidding under the rate running contract (RRC) mode. The contract includes operations and maintenance services for a three-year period. The deadline for bid submission is 21 November 2024.
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