Gurugram (13.10.2022): REC Power Development and Consultancy Ltd (RECPDCL), a wholly owned subsidiary of REC Limited, handed over the project-specific SPV (Special Purpose Vehicle) formed for the construction of Transmission Project viz., ‘ER NER Transmission Limited’ to M/s Power Grid Corporation of India Ltd.
Power Grid Corporation of India Ltd 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 selection of Power Grid Corporation of India Ltd was carried out through Tariff Based Competitive Bidding (TBCB) for the selection of Transmission Developers in line with the Standard Bidding Documents and Guidelines thereof as notified by the Ministry of Power, Government of India.
The work involves the establishment of 2 X 500 MVA ICT (AIS) at Banka S/s along with associated works, the upgradation of Namsai S/s, and associated works including around 77 Kms of 220 kV double circuit transmission lines. The project for implementation is targeted in 36 months. RECPDCL successfully handed over 41 transmission projects till now costing around ₹54,642 crore under the TBCB route.
Gurugram (13.10.2022): REC Power Development and Consultancy Ltd (RECPDCL), a wholly owned subsidiary of REC Limited, handed over the project-specific SPV (Special Purpose Vehicle) formed for the construction of Transmission Project viz., ‘ER NER Transmission Limited’ to M/s Power Grid Corporation of India Ltd.
Power Grid Corporation of India Ltd 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 selection of Power Grid Corporation of India Ltd was carried out through Tariff Based Competitive Bidding (TBCB) for the selection of Transmission Developers in line with the Standard Bidding Documents and Guidelines thereof as notified by the Ministry of Power, Government of India.
The work involves the establishment of 2 X 500 MVA ICT (AIS) at Banka S/s along with associated works, the upgradation of Namsai S/s, and associated works including around 77 Kms of 220 kV double circuit transmission lines. The project for implementation is targeted in 36 months. RECPDCL successfully handed over 41 transmission projects till now costing around ₹54,642 crore under the TBCB route.
