Gurugram (21.04.2023): REC Power Development and Consultancy Limited (RECPDCL) handed over the project specific Special Purpose Vehicle (SPV), formed for construction of Transmission Project viz., ‘KPS1 Transmission Limited to Megha Engineering & Infrastructures Ltd. on April 20, 2023.
Megha Engineering & Infrastructures Ltd has been the successful bidder of the Inter-State Transmission Project of Ministry of Power, Government of India and RECPDCL was the Bid Process Coordinator. The SPV has been handed over by Rahul Dwivedi (IAS: 2010: MH) CEO, RECPDCL to Pravin Sharad Dixit, Vice President, Megha Engineering & Infrastructures Ltd. in the presence of P S Hariharan, CGM, RECPDCL; Chandrakala, Company Secretary, MEIL; Deepak Krishnan, Manager, CTUIL and other senior officials of RECPDCL, MEIL & CTUIL.
The selection of Megha Engineering & Infrastructures Ltd was carried out through Tariff Based Competitive Bidding (TBCB) for selection of Transmission Service Provider in line with the Standard Bidding Documents and Guidelines thereof as notified by Ministry of Power, Government of India. The work involves implementation of KPS1-Khavda PS GIS (KPS2) 765 kV double circuit line & augmentation of Khavda PS1. The project for implementation is targeted in 21 months. With the handing over of the above SPV, RECPDCL successfully handed over 52 transmission projects till now costing around Rs 70,974 crore.
