REC PDCL incorporates SPVs for three transmission projects in Karnataka
REC Power Distribution Company Limited (REC PDCL) has incorporated three special purpose vehicles (SPVs) for transmission projects in Karnataka. The SPVs were established on May 21, 2025, to facilitate project development under the tariff-based competitive bidding (TBCB) route. Hampapura Power Transmission Limited will implement the project for establishing a 400 kV substation at Hampapura, along with associated transmission lines in Mandya district. Sharavathi Power Transmission Limited has been formed for the transmission system required for…