RECPDCL

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Power Grid acquires Bikaner A and B Transmission Projects for Rajasthan REZ
By November 13, 2024November 13, 2024

Power Grid Corporation of India Ltd (PGCIL) has acquired Bikaner A Power Transmission Ltd (BATPL) and Bikaner B Power Transmission Limited, both established to support the “Transmission system for evacuation of power from Rajasthan REZ Phase IV (Part-3: 6 GW) [Bikaner complex]” on a build, own, operate, and transfer (BOOT) basis. The acquisition from REC Power Development and Consultancy Limited (RECPDCL), the bid process coordinator, was completed on November 11, 2024.

Read More Power Grid acquires Bikaner A and B Transmission Projects for Rajasthan REZ
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RECPDCL establishes SPV for Lakadia substation capacity enhancement
By November 8, 2024November 8, 2024

REC Power Development and Consultancy Limited (RECPDCL) has established Lakadia B Power Transmission Limited, a special purpose vehicle (SPV) aimed at augmenting the transformation capacity of the 765/400 kV Lakadia Substation in Gujarat. RECPDCL has been designated as the bid process coordinator to select a transmission service provider for this project through a tariff-based competitive bidding process.

Read More RECPDCL establishes SPV for Lakadia substation capacity enhancement
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RECPDCL forms two SPVs for ISTS projects in Karnataka and Tamil Nadu
By November 6, 2024November 6, 2024

REC Power Development & Consultancy Ltd (RECPDCL), as the bid process coordinator, has launched two wholly-owned subsidiaries to act as special purpose vehicles (SPVs) for ISTS-TBCB schemes currently under bidding. These SPVs, Bidar Transco Ltd and Tuticorin Power Transmission Ltd, will support crucial transmission upgrades and green energy integration. Project SPV Details: Bidar Transco Ltd Incorporation Date: November 5, 2024 Scheme: Augmentation of transformation capacity with 3×500 MVA, 400/220kV and 1×1500 MVA, 765/400kV ICTs at…

Read More RECPDCL forms two SPVs for ISTS projects in Karnataka and Tamil Nadu
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RECPDCL issues RFP for 4.5 GW renewable power transmission project
By October 30, 2024October 30, 2024

REC Power Development and Consultancy Limited (RECPDCL) has issued a Request for Proposal (RFP) for an interstate transmission system (ISTS) project to evacuate 4.5 GW of renewable energy from the Kurnool-IV Renewable Energy Zone (REZ) Phase 1 in Andhra Pradesh. The bid submission deadline is set for December 30, 2024. This RFP follows a recent RECPDCL tender to establish an ISTS project for expanding the pumped hydro storage network near Talegaon, Pune, Maharashtra.

Read More RECPDCL issues RFP for 4.5 GW renewable power transmission project
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RECPDCL establishes subsidiaries for ISTS projects in Gujarat, Rajasthan, and J&K
By October 28, 2024October 28, 2024

REC Power Development & Consultancy Ltd (RECPDCL) has created three wholly-owned subsidiaries to develop interstate transmission system (ISTS) schemes across Gujarat, Rajasthan, and Jammu & Kashmir. On October 25, 2024, RECPDCL incorporated Banaskantha Transco Ltd as a special purpose vehicle (SPV) to implement the “Augmentation of transformation capacity at Banaskantha (Raghanesda) PS (GIS)” project in Gujarat. The bidder selection for this ISTS scheme will be carried out through the tariff-based competitive bidding (TBCB) mechanism. RECPDCL…

Read More RECPDCL establishes subsidiaries for ISTS projects in Gujarat, Rajasthan, and J&K
India | News

RECPDCL incorporates SPV for ISTS project in Jammu & Kashmir
By October 28, 2024October 28, 2024

REC Power Development & Consultancy Ltd (RECPDCL) established a project special purpose vehicle (SPV) named “Ratle Kiru Power Transmission Ltd” on October 23, 2024, as a wholly-owned subsidiary. This SPV will develop the ISTS scheme titled “Transmission scheme for evacuation of power from Ratle HEP (850 MW) & Kiru HEP (624 MW): Part-A” in Jammu & Kashmir. The scheme, estimated to cost Rs 12.14 billion with a gestation period of 24 months, will provide ISTS…

Read More RECPDCL incorporates SPV for ISTS project in Jammu & Kashmir
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RECPDCL floats tender for power evacuation from hydro PSPs
By October 21, 2024October 21, 2024

REC Power Development and Consultancy (RECPDCL), a subsidiary of REC Limited, has issued a tender to select a transmission service provider for establishing an inter-state transmission system (ISTS) as part of a network expansion program in the western region. The project will support pumped hydro storage projects (PSP) near Talegaon, Pune, Maharashtra, through a tariff-based competitive bidding process. The bid submission deadline is December 20, 2024. The project aims to evacuate 1.5 GW of power…

Read More RECPDCL floats tender for power evacuation from hydro PSPs
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Tata Power secures LoI from RECPDCL for power transmission project
By October 21, 2024October 21, 2024

Tata Power Limited has received a letter of intent (LoI) from REC Power Development and Consultancy Limited (RECPDCL), a subsidiary of REC Limited, to acquire the special purpose vehicle (SPV) ERES-XXXIX Power Transmission Limited. The project, to be developed on a build-own-operate-transfer (BOOT) basis, will offer transmission services for 35 years starting from the commercial operation date scheduled for December 31, 2027. The project includes the construction of a 2×1500 MVA, 765/400 kV gas-insulated switchgear…

Read More Tata Power secures LoI from RECPDCL for power transmission project
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PGCIL formally acquires project SPV for “Rajasthan IV H1” ISTS scheme
By October 16, 2024October 16, 2024

On October 15, 2024, Power Grid Corporation of India Ltd (PGCIL) was awarded the project SPV “Rajasthan IV H1 Power Transmission Ltd” by RECPDCL, the bid process coordinator, under the tariff-based competitive bidding (TBCB) route. PGCIL will develop the transmission project on a BOOT (Build, Own, Operate & Transfer) basis. The project involves establishing substations in Madhya Pradesh, including 765/400kV, 400/220kV, and 220/132kV substations with associated reactors. The project aims for completion within 24 months….

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