Aravinda Electricals Infra has emerged as the lowest bidder (L1) for a project by Power Transmission Corporation of Uttarakhand (PTCUL). The project involves constructing a 220 kV Gas-insulated Substation (GIS) in Ghansali. The company’s quoted bid value is Rs 1.73 billion.
Tata Power Limited has received a letter of intent (LoI) from REC Power Development and Consultancy Limited (RECPDCL), a subsidiary of REC Limited, to acquire the special purpose vehicle (SPV) ERES-XXXIX Power Transmission Limited. The project, to be developed on a build-own-operate-transfer (BOOT) basis, will offer transmission services for 35 years starting from the commercial operation date scheduled for December 31, 2027. The project includes the construction of a 2×1500 MVA, 765/400 kV gas-insulated switchgear…