REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited – A Maharatna CPSE under the Ministry of Power, handed over the project-specific SPV (Special Purpose Vehicle), formed for the construction of Transmission Project viz., ER NER Transmission Limited to Power Grid Corporation of India Limited. The Power Grid Corporation of India Limited has been the successful bidder of the Inter-State Transmission Project of the Ministry of Power, Government of India, and RECPDCL was the Bid Process Coordinator. The project involves the establishment of 2×500 MVA ICT (AIS) at Banka along with associated works, the upgradation of Namsai , and associated works including around 77 Kms of 220 kV double circuit transmission lines. The completion is targeted in 36 months.
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Note: The above-mentioned news was first published by us in our ProjectX India | 15th October 2022 edition.
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