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RECPDCL incorporates SPV for ISTS project in Jammu & Kashmir

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…

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PGCIL secures LoIs for two ISTS schemes in Rajasthan

Power Grid Corporation of India Ltd (PGCIL) has received letters of intent (LoIs) for two interstate transmission system (ISTS) schemes for evacuating renewable energy from Rajasthan’s Renewable Energy Zone (REZ) Phase IV (6 GW) [Bikaner complex]. The LoIs were issued on October 21, 2024, with PGCIL confirming the notifications on October 22, 2024. The two schemes are: Transmission system for evacuation of power from Rajasthan REZ Phase IV (Part-3: 6 GW) [Bikaner complex]: Part A-…

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PGCIL wins Barmer I Transmission in Rajasthan

Power Grid Corporation of India Ltd (PGCIL) has been declared the successful bidder for the interstate transmission system (ISTS) project under “Barmer I Transmission Ltd” through tariff-based competitive bidding (TBCB). This project, known as “Transmission system for evacuation of power from Rajasthan REZ Ph-IV (Part-2: 5.5 GW),” includes the establishment of a new 765/400/220kV Barmer-I pooling substation and transmission lines, with interconnectivity to the upcoming Sirohi Pooling Station. The project, valued at Rs 27.35 billion,…