Power Grid Corporation of India Limited (PGCIL) and H.G. Infra Engineering Limited have completed the acquisition of project-specific Special Purpose Vehicles (SPVs) from REC Power Development and Consultancy Limited (RECPDCL) after emerging as successful bidders under the tariff-based competitive bidding (TBCB) process. The acquisitions, completed on June 30, 2026, relate to two interstate transmission projects…
Five companies have qualified to participate in the commercial bidding stage for the “Augmentation at Bhadla-III, Ramgarh PS and Kanpur (PG)” interstate transmission project, which is designed to support evacuation of power from Rajasthan’s Renewable Energy Zones (REZ) under Phase III. REC Power Development and Consultancy Limited (RECPDCL), the Bid Process Coordinator, shortlisted the bidders…
REC Power Development & Consultancy Ltd (RECPDCL) and Bihar State Power Transmission Company Ltd (BSPTCL) have signed a memorandum of understanding (MoU) to develop intrastate transmission projects in Bihar through the tariff-based competitive bidding (TBCB) route. In a release, RECPDCL said the partnership aims to build a modern and reliable transmission network to support Bihar’s…
Dilip Buildcon Limited (DBL) has received a Letter of Intent from REC Power Development and Consultancy Limited (RECPDCL) for developing a 400 kV substation at Mekhali along with associated transmission lines in Belagavi District, Karnataka. The award formalises the L-1 position secured by DBL in December 2025. Power Peak Digest had earlier reported DBL’s emergence…
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…
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…
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…
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…
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…
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…