RECPDCL hands over Tumkur-II REZ Transmission project to G R Infraprojects
REC Power Development & Consultancy Ltd (RECPDCL), a subsidiary of REC Ltd, handed over the special purpose vehicle (SPV) “Tumkur-II REZ Power Transmission Ltd” to G R Infraprojects Ltd (GRIL) on September 3, 2024, in Gurugram. GRIL was selected as the transmission service provider (TSP) through a tariff-based competitive bidding (TBCB) process managed by RECPDCL for the development of this transmission project on a build, own, operate & transfer (BOOT) basis. The handover ceremony saw…