RECPDCL

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REC forms SPV for Vizag green hydrogen transmission project
By February 17, 2026February 17, 2026

REC Limited has incorporated Vizag Power Transmission Limited as a wholly owned subsidiary through REC Power Development and Consultancy Limited (RECPDCL). The special purpose vehicle was established on February 16, 2026 for the project titled “Transmission system for proposed Green Hydrogen / Green Ammonia projects in Vizag area, Andhra Pradesh (Phase-I).” The incorporation follows a Gazette Notification issued by the Ministry of Power, Government of India, on December 26, 2025, allocating an inter-state transmission project…

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REC completes transfer of two power transmission subsidiaries
By October 23, 2025October 28, 2025

REC Limited, through its wholly owned arm REC Power Development and Consultancy Limited (RECPDCL), has transferred two special purpose vehicles (SPVs) under the tariff-based competitive bidding process. The transaction was completed on October 17, 2025. Ananthapuram II Power Transmission Limited was acquired by Shivalaya Construction Limited, while SR WR Power Transmission Limited was taken over by Power Grid Corporation of India Limited (POWERGRID). POWERGRID, the successful bidder for SR WR Power Transmission Limited, will implement…

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RECPDCL invites fresh bids for Himachal hydropower evacuation scheme
By September 12, 2025October 28, 2025

REC Power Development and Consultancy Limited (RECPDCL) has launched a tariff-based competitive bidding (TBCB) process to select a transmission service provider for evacuating power from the 450 MW Shongtong Karcham hydroelectric project (HEP) and the 150 MW Tidong HEP in Himachal Pradesh. The project, being developed by Himachal Pradesh Power Corporation Limited (HPPCL), is scheduled to be commissioned by July 2026. The transmission scheme will be housed under the special purpose vehicle (SPV) Shongtong Power…

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RECPDCL invites bids for Devanahalli and Hosakote transmission projects in Karnataka
By August 22, 2025August 22, 2025

REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, has issued Request for Proposal bids for selection of transmission service providers through tariff-based competitive bidding (TBCB) for two intra-state transmission projects in Karnataka. The first scheme involves establishing a 2 x 150 MVA, 220/66/11 kV gas insulated station at Devanahalli (New) in Bengaluru Rural district. It includes associated 220 kV and 66 kV connectivity elements, along with provisions for future…

Read More RECPDCL invites bids for Devanahalli and Hosakote transmission projects in Karnataka
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RECPDCL incorporates new SPVs for RE-linked transmission projects
By July 10, 2025July 16, 2025

REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, has set up three new Special Purpose Vehicles (SPVs) to implement upcoming transmission infrastructure projects. The three newly incorporated SPVs are: Ananthapuram II Power Transmission Limited, for the Transmission System for Integration of Ananthapuram-II REZ – Phase-II (3 GW). Davanagere Power Transmission Limited, for Transmission system strengthening at Davanagere to integrate RE generation. Jalna Power Transmission Limited, for the…

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RECPDCL incorporates three new transmission subsidiaries
By July 9, 2025July 9, 2025

REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, has incorporated three new wholly owned subsidiaries to serve as project-specific Special Purpose Vehicles (SPVs) for upcoming transmission infrastructure projects. 1) Umred Power Transmission Limited Umred Power Transmission Limited was incorporated on July 7, 2025 to execute the intra-state transmission project for the establishment of a 400/220/132 kV substation at Umred in Nagpur district. 2) Sakoli Power Transmission Limited Sakoli Power…

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RECPDCL transfers four transmission SPVs to PGCIL and IndiGrid
By March 26, 2025March 26, 2025

REC Power Development & Consultancy Limited (RECPDCL) has transferred four special purpose vehicles (SPVs) to Power Grid Corporation of India Limited (PGCIL) and IndiGrid 2 Private Limited for the development of transmission system projects across India. The transfer took place on March 24, 2025. SPVs transferred to PGCIL PGCIL has taken over three SPVs for key transmission projects: Banaskantha Transco Limited – Augmentation of transformation capacity at Banaskantha (Raghanesda) PS (GIS) in Gujarat. Kurnool-IV…

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CERC grants interstate trading licence to RECPDCL
By January 20, 2025January 20, 2025

The Central Electricity Regulatory Commission (CERC) has granted an interstate trading licence to REC Power Development & Consultancy Ltd (RECPDCL), a wholly-owned subsidiary of REC Ltd. The “Category I” licence allows RECPDCL to engage in interstate electricity trading across India for 25 years. This follows the public notice issued in December 2024, which received no objections, allowing CERC to finalize the licence. RECPDCL is also seeking to become a Project Implementation Agency (PIA) for transmission…

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RECPDCL transfers SPVs to PGCIL and DRAIPL for Rajasthan REZ Phase IV transmission projects
By December 31, 2024December 31, 2024

REC Power Development and Consultancy Limited (RECPDCL), a subsidiary of REC Limited, has transferred two Special Purpose Vehicles (SPVs) as part of the Rajasthan Renewable Energy Zone (REZ) Phase IV power evacuation projects. The first SPV, Rajasthan IV 4A Power Transmission Limited, was transferred to Power Grid Corporation of India Limited (PGCIL), for the development of “Transmission system for evacuation of power from Rajasthan REZ Ph-IV (Part 4: 3.5 GW): Part B.” Key components include…

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Tata Power acquires SPV for ERES-XXXIX project
By November 21, 2024November 21, 2024

REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, has transferred the special purpose vehicle (SPV), ERES-XXXIX Power Transmission Limited, to Tata Power Company Limited through a tariff-based competitive bidding process. The project involves establishing a 765/400 kV, 2×1500 MVA gas-insulated switchgear substation at Gopalpur in Odisha, along with 199 km of 765 kV transmission lines and 25 km of 400 kV lines, including associated works. The project will be…

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