RECPDCL Pioneers Power Infrastructure Growth with SPV Handovers in Maharashtra and Uttar Pradesh
REC Subsidiary Transfers Key Power Transmission SPVs to Indigrid and Tata Power
REC Power Development and Consultancy Limited (RECPDCL), under REC Limited's aegis, initiates a strategic move in the power sector by handing over two significant Special Purpose Vehicles (SPVs) for advancing power transmission projects in Maharashtra and Uttar Pradesh. Kallam Transco Limited, for the Western Region Network Expansion Scheme in Maharashtra, is now under the consortium of Indigrid 2 Limited & Indigrid 1 Limited. Simultaneously, Jalpura Khurja Power Transmission Limited, for constructing critical GIS substations in Uttar Pradesh, transitions to The Tata Power Company Limited's expertise.
This handover, executed on April 5, 2024, underscores RECPDCL's dedication to enhancing India's power transmission infrastructure through collaborative efforts. Distinguished officials from RECPDCL, REC Limited, and respective Transmission Utilities witnessed this pivotal transition, marking a significant step in the tariff-based competitive bidding process for power transmission projects.
RECPDCL's pivotal role as the Bid Process Coordinator for these projects signifies its commitment to the competitive and efficient execution of power transmission projects, catalyzing the power sector's development across India. These projects, through their innovative execution and strategic significance, aim to fortify the power transmission network, ensuring reliable and uninterrupted power supply across diverse regions of the country.
About RECPDCL: Serving as a linchpin in the power distribution and transmission arena, REC Power Development and Consultancy Limited brings forth its expertise to over fifty state power distribution companies and departments. With a wide array of services spanning consultancy, project implementation, and bid process coordination, RECPDCL stands at the forefront of addressing the dynamic needs of India's power sector. Its involvement in pivotal projects under the Prime Minister's Development Package showcases its dedication to enhancing the infrastructure in Jammu & Kashmir and Ladakh, reinforcing its position as a crucial entity in the nation's power sector development.
About REC Limited: Envisioned as a cornerstone for India's power infrastructure sector, REC Limited's role transcends conventional financing. As a Maharatna CPSU, REC's portfolio includes the financing of projects across the generation, transmission, distribution, and renewable energy sectors, alongside venturing into new technologies that mark the future of energy. Its instrumental role in government schemes emphasizes REC's commitment to electrification and sustainable development across India. The organization's expansion into non-power infrastructure projects further showcases its versatility and commitment to fostering national growth and development.
The successful handover of SPVs to Indigrid and Tata Power not only marks a significant milestone in RECPDCL's journey but also paves the way for a robust and reliable power transmission network across India, embodying the spirit of partnership and progress within the power sector.