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RECPDCL, a subsidiary of REC Limited, achieved a significant milestone in India’s power infrastructure development by handing over two project-specific Special Purpose Vehicles (SPVs) on April 5, 2024. These SPVs, Kallam Transco Limited and Jalpura Khurja Power Transmission Limited, were formed through a meticulous tariff-based bidding process, reflecting transparency and competitiveness in project selection. Successful bidders, M/s Indigrid 2 Limited & Indigrid 1 Limited Consortium and M/s The Tata Power Company Limited, secured projects aimed at enhancing the transmission network in Maharashtra and Uttar Pradesh, respectively. Acting as the Bid Process Coordinator, RECPDCL played a crucial role in facilitating these endeavors.
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Note: The above-mentioned news was first published by us in our ProjectX India | 15th April 2024 edition.. To get this issue or our latest issue with full contact details, you can buy this issue by clicking here…
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