PSUs

RECPDCL hands over Umred Power Transmission Ltd to MSETCL

By IndianMandarins- 28 Feb 2026
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recpdcl-hands-over-umred-power-transmission-ltd-to-msetcl

Gurugram (28.02.2026): REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, the Maharatna CPSU under the aegis of Ministry of Power, handed over a project specific SPV (Special Purpose Vehicle) of InSTS Transmission Project of Maharashtra under TBCB route viz, Umred Power Transmission Limited to the successful bidder i.e. Maharashtra State Electricity Transmission Company Limited (MSETCL)  on February 26, 2026.
MSETCL emerged as the successful bidder through Tariff-Based Competitive Bidding (TBCB) process conducted by RECPDCL, the Bid Process Coordinator, for development of the transmission project on Build, Own, Operate & Transfer (BOOT) basis.
The SPV was handed over by Vijay Kulkarni, Sr. GM & HoD (T&D), RECPDCL to Vineeta Shriwani, Company Secretary and Amit Naik, Chief Engineer (TBCB), Maharashtra State Electricity Transmission Company Limited in the presence of Senior Officials of RECPDCL, Maharashtra State Electricity Transmission Company Limited and Maharashtra STU. The implementation period of the project is 24 months.

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