4 months, 3 weeks ago

RECPDCL transfers Khavda transmission project SPV to Power Grid Corporation of India

New Delhi, November 20 : REC Power Development and Consultancy Limited, a wholly-owned subsidiary of REC Limited under the Ministry of Power, has successfully handed over the Special Purpose Vehicle for the Khavda V-A HVDC Transmission Project to Power Grid Corporation of India Limited. According to REC, the official transfer ceremony took place in Gurugram, marking a significant milestone in India's power transmission landscape. This pioneering initiative marks a significant milestone as the first-ever HVDC transmission project in India awarded through the Tariff-Based Competitive Bidding route. The SPV transfer was officiated by TSC Bosh, CEO of RECPDCL, and Pankaj Pandey, Executive Director of PGCIL, in the presence of senior officials from RECPDCL, PGCIL, and the Central Transmission Utility of India Limited.

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India Transfer Power Nagpur Rec Pgcil Spv Recpdcl Transmission Project

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