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Karnataka to set up transmission system for 2,000 MW Sharavathi pumped storage project

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The Government of Karnataka has issued an order to establish the transmission system for evacuating power from the 2,000 MW Sharavathi Pumped Storage Hydel Project. REC Power Distribution Company Limited (REC PDCL) has been appointed as the bid process coordinator. The project will follow a tariff-based competitive bidding (TBCB) process. REC Power Development and Consultancy Limited (RECPDCL) will oversee the bidding. The project is planned alongside a 2,000 MW solar park in Tumakuru district. Both…

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REC PDCL forms two SPVs for new transmission projects in Maharashtra

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REC Power Distribution Company Limited (REC PDCL) has set up two special purpose vehicles (SPVs) to develop upcoming transmission projects in Maharashtra. On March 28, 2025, Jejuri Hinjewadi Power Transmission Limited was incorporated. It will implement the Network Expansion scheme in Maharashtra for removal of Transmission constraints in Pune Region-I & providing supply to Data Centre Loads. The second SPV, Velgaon Power Transmission Limited, was incorporated on March 29, 2025. It will handle the Establishment…

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PFCCL and REC PDCL invite bids for transmission projects in Madhya Pradesh and Maharashtra

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PFC Consulting Limited (PFCCL) has invited Request for Proposal (RfP) bids for the selection of a transmission service provider (TSP) through a tariff-based competitive bidding (TBCB) process on a build, own, operate, and transfer (BOOT) basis for the Augmentation of transformation capacity & Implementation of line bays at Mandsaur S/s for RE Interconnection. The bidding process commenced on March 11, 2025, with the last date for submissions set for May 16, 2025. PFCCL has been…

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Reliance Industries acquires 100% stake in Lakadia B Power Transmission

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Reliance Industries Ltd (RIL) has formally acquired a 100% equity stake in Lakadia B Power Transmission Limited (LPTL), a special purpose vehicle (SPV) established for the development of the transmission system for the Augmentation of Transformation Capacity at the 765/400 kV Lakadia Substation (S/s) in Gujarat-Part B.  The acquisition follows the invitation of Request for Proposal (RFP) bids by REC Power Distribution Company Limited (REC PDCL) in September 2024. REC PDCL, appointed as the bid…

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REC PDCL forms SPV for transmission system in Rajgarh, Madhya Pradesh

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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…