RECPDCL hands over Rajasthan-IV H-1 Power Transmission Limited to PGCIL
By Staff Report October 16, 2024 2:40 pm IST
By Staff Report October 16, 2024 2:40 pm IST
Power Grid Corporation of India Limited (PGCIL) emerged as the Transmission Service Provider (TSP) through a Tariff-based Competitive Bidding (TBCB) process conducted by REC Power Development and Consultancy Limited (RECPDCL), the BPC (Bid Process Coordinator), for the development of the above transmission project on BOOT (Build, Own, Operate & Transfer) basis.
REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, the Maharatna CPSU under the aegis of the Ministry of Power, handed over a project-specific SPV (Special Purpose Vehicle). Viz, Rajasthan-IV H-1 Power Transmission Limited to M/s Power Grid Corporation of India Limited (PGCIL) on 15th October 2024 at Gurugram.This transfer aims to enhance the region’s power transmission infrastructure, improving efficiency and reliability in electricity delivery. PGCIL’s expertise will support the development and operation of the transmission system in Rajasthan. Power Grid Corporation of India Limited (PGCIL) emerged as the Transmission Service Provider (TSP) through a Tariff-based Competitive Bidding (TBCB) process conducted by RECPDCL, the BPC (Bid Process Coordinator), for the development of the above transmission project on BOOT (Build, Own, Operate & Transfer) basis.
The project covers the establishment of 765/400 kV (2×1500 MVA), 400/220 kV (2×500 MVA) & 220/132 kV (3×200 MVA) Kurawar sub-station with 2×330 MVAR, 765 kV Bus Reactor and 1×125 MVAR, 420 kV Bus Reactor along with associated works. The SPV was handed over by T.S.C. Bosh, CEO, of RECPDCL to Satyaprakash Dash, Company Secretary, Power Grid Corporation of India Limited in the presence of Senior Officials of RECPDCL, PGCIL and Central Transmission Utility of India Limited. The project is targeted for implementation in 24 months.
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