RECPDCL hands over 6 Special Purpose Vehicles to PGCIL

By IndianMandarins- 22 Mar 2023


Gurugram (22.03.2023): REC Power Development and Consultancy Limited (RECPDCL) handed over six projects’ specific Special Purpose Vehicles (SPV) mostly formed for the construction of Transmission Projects in Khavda region through Tariff Based Competitive Bidding process on March 21, 2023.


Power Grid Corporation of India Limited (PGCIL) was the successful bidder for all of the six Projects of the Ministry of Power, Government of India and RECPDCL was the Bid Process Coordinator. The SPVs were handed over by Rahul Dwivedi, IAS, CEO, RECPDCL to AK Singhal, Executive Director of Power Grid Corporation of India Limited in the presence of Vivek Kumar Dewangan, CMD, REC Limited, Ajoy Choudhury, Director (Finance), REC Limited, Vijay Kumar Singh, Director (Technical), REC Limited, TSC Bosh, Executive Director, REC Limited, and Abhay Choudhary, Director (Projects), Power Grid Corporation of India Limited.

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