REC’s subsidiary RECPDCL handed over SPV ‘WR SR Power Transmission Limited, to M/s Adani Transmission Limited

FPJ BureauUpdated: Monday, January 23, 2023, 12:30 AM IST
article-image

REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited the NBFC Maharatna Company, CPSU under the aegis of Ministry of Power, handed over the project specific SPV (Special Purpose Vehicle), formed for construction of Transmission Project viz., ‘WR SR Power Transmission Limited to M/s Adani Transmission Limited(ATL) on 17th January 2023.

M/s Adani Transmission Limited 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, CEO, RECPDCL to Sh. Bhupendra Singh, DGM & Lead, Business Development from M/s Adani Transmission Limited in the presence of P.S. Hariharan, CGM, RECPDCL, Vijay Kulkarni, Sr. GM, RECPDCL , Narendra Ojha, ATL, Atul Agrawal, Sr. GM, CTUIL, Deepak Krishnan Manager, CTUIL and other senior officials of RECPDCL, ATL & CTUIL.

The selection of M/s Adani Transmission Limited was carried out through Tariff Based Competitive Bidding (TBCB) carried for selection of Transmission Developers in line with the Standard Bidding Documents and Guidelines thereof as notified by Ministry of Power, Government of India.

The work involves implementation of 765 kV double circuit line from Narendra (New) to Pune GIS substation. The project for implementation is targeted in 18 months.

With the handing over of the above SPV, RECPDCL successfully handed over 43 transmission project till now costing around Rs 57,795 crores.

(If you have a story in and around Mumbai, you have our ears, be a citizen journalist and send us your story here. )

(To receive our E-paper on WhatsApp daily, please click here.  To receive it on Telegram, please click here. We permit sharing of the paper's PDF on WhatsApp and other social media platforms.)

RECENT STORIES

Central Bank of India holds Samman Diwas; honours retired employees and pensioners

Central Bank of India holds Samman Diwas; honours retired employees and pensioners

IREDA CMD inaugurates pavilion at India Energy Week 2023

IREDA CMD inaugurates pavilion at India Energy Week 2023

Jio launches 5G services in 10 more cities; total number hits 236

Jio launches 5G services in 10 more cities; total number hits 236

Saket Magnotssav and Rohak 2k23 begins

Saket Magnotssav and Rohak 2k23 begins

City Union Bank hands over 2 Golf Cart to Shree Somnath Temple Trust

City Union Bank hands over 2 Golf Cart  to Shree Somnath Temple Trust