RECPDCL hands over ₹1996 crore Mahan Transmission SPV to Adani Energy Solutions, ET Government
GURUGRAM: REC Power Development and Consultancy Ltd (RECPDCL), a wholly owned subsidiary of REC Ltd, the Maharatna CPSU under the aegis of Ministry of Power, handed over project specific SPV (Special Purpose Vehicle) of Intra State Transmission Project under TBCB route namely Mahan Transmission to Adani Energy Solutions.
Adani Energy Solutions emerged as the transmission service provider (TSP) 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 estimated cost of the project is around ₹1,996.47 crore, the company said in a statement on Friday.
The SPV was handed over to Shashank Sharma, Head Business Development, Adani Energy Solutions, in the presence of senior officials of RECPDCL, MPPMCL and MPPTCL in Gurugram on Wednesday. The implementation period for Rewa (Sagra) substation is 25.10.2026 and for Amarpatan Substation is 25.04.2027, it said.
The scheme covers construction of 400/220/132 kV substation at Rewa (Sagra) and Amarpatan locations, 166 km of 400 KV transmission line between PTEMPL (MEL) Switchyard & Rewa (Sagra), 50 km of 400 KV line between Rewa (Sagra) & Amarpatan including other associated works of 220kv & 132 Kv lines.
Post Comment