Team News Riveting
New Delhi, March 27
REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, 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 viz, Mahan Transmission Limited to Adani Energy Solutions Limited on Wednesday.
Adani Energy Solutions Limited 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 SPV was handed over to Shashank Sharma, Head Business Development, Adani Energy Solutions Limited in the presence of Senior Officials of RECPDCL, Adani Energy Solutions Limited, MPPMCL and MPPTCL. The implementation period for Rewa (Sagra) Substation is 25.10.2026 and for Amarpatan Substation is 25.04.2027.
The scheme covers construction of 400/220/132 kV Substation at Rewa (Sagra) & 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. The estimated cost of the project is around Rs. 1,996.47 Crore.
