REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, a Maharatna CPSU under the Ministry of Power, handed over Luhri Power Transmission Limited, the project-specific Special Purpose Vehicle (SPV), to the successful bidder, M/s Terralight Solar Energy Tinwari Private Limited, on 21 August 2026.
M/s Terralight Solar Energy Tinwari Private Limited emerged as the successful bidder through the Tariff-Based Competitive Bidding (TBCB) process conducted by RECPDCL, the Bid Process Coordinator, for establishment of “Transmission system for Evacuation of Power from Sunni Dam HEP And Luhri Stage -1 HEP” on a Build, Own, Operate and Transfer (BOOT) basis.
The SPV was handed over by Shri Rajkumar Sonkar, HoD (CS), RECPDCL, to Mr. Nitin Mahajan, General Manager (Bidding), Terralight Solar Energy Tinwari Private Limited, in the presence of Shri Ratnesh Kumar, GM (Engg.), RECPDCL and other senior officials from RECPDCL, Terralight Solar Energy Tinwari Private Limited and Central Transmission Utility of India Limited.
The transmission project broadly envisages establishment of 400/220 kV GIS Nange Pooling station in Himachal Pradesh, 400 KV Nange PS to Koldam D/c line of 50 kms along with other associated works. The project is scheduled for commissioning by 15.10.2029, i.e., matching with schedule of the hydro generation projects (SDHEP/LHEP-I), at an estimated cost of Rs. 839.55 crores.
About REC Limited: REC Limited is an NBFC focusing on Power Sector Financing and Development across India. Established in 1969, REC Ltd. has completed over fifty-five years in the area of its operations. It provides financial assistance to complete power-sector value chain; for various types of projects including Generation, Transmission & Distribution and Renewable Energy. Recently, REC has also diversified into non-power Infrastructure &; Logistics sector to cover areas such as airports, metro, railways, ports, bridges, etc.
About RECPDCL: REC Power Development and Consultancy Limited, RECPDCL, a wholly owned subsidiary of REC Limited, has been providing knowledge-based consultancy and expert project implementation services to several State power distribution companies/Power Departments of States. RECPDCL has also been implementing transmission projects in UTs of J&K and Ladakh.
RECPDCL has also been acting as Bid Process Coordinator (BPC) for Inter-state as well as Intrastate transmission projects and RE-Bundling projects implemented through Tariff Based Competitive Bidding (TBCB). RECPDCL with its expert consulting, project implementation and transaction advisory services is thus playing a key role across the power sector value chain of the country.
