REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, the Maharatna CPSU under the aegis of Ministry of Power and a leading NBFC, handed over a project specific SPV (Special Purpose Vehicle) of ISTS Transmission Project under TBCB route viz, Davanagere Power Transmission Limited to Power Grid Corporation of India […]
RECPDCL signs major smart metering agreements for 33.26 lakh prepaid meters in Gujarat
RECPDCL, a wholly owned subsidiary of REC Limited, has signed the PIA Agreement and the DDF Agreement for the “Appointment of Advanced Metering Infrastructure (AMI) Service Provider for the rollout of 33.26 Lakh Smart Prepaid Metering (Phase-II Project) under the RDSS Scheme in Paschim Gujarat Vij Company Limited (PGVCL) jurisdiction on DBFOOT basis” on 10.07.2025 […]
RECPDCL transfers Talegaon SPV to Adani energy
REC Power Development and Consultancy Limited (RECPDCL) officially handed over the WRNES Talegaon Power Transmission Limited SPV to Adani Energy Solutions Limited, on May 30, 2025. This project, with an estimated cost of Rs. 1,807.46 crore, is part of the ISTS Transmission initiative under the TBCB route. Adani emerged as the winning bidder and will […]
RECPDCL transfers Mahan Transmission Limited SPV to Adani Energy Solutions
REC Power Development and Consultancy Limited (RECPDCL), a subsidiary of REC Limited under the Ministry of Power, has handed over the Special Purpose Vehicle (SPV) for the Mahan Transmission Limited project to Adani Energy Solutions Limited on March 26, 2025. Adani Energy Solutions Limited was selected as the Transmission Service Provider (TSP) through a Tariff-Based […]
RECPDCL transfers transmission projects to Power Grid
REC Power Development and Consultancy Limited (RECPDCL) has handed over two Special Purpose Vehicles (SPVs) for transmission projects to Power Grid Corporation of India Limited. The projects, aimed at augmenting power transformation capacity in Karnataka and Gujarat, mark a significant step in India’s efforts to modernize its power transmission infrastructure.
RECPDCL transfers Lakadia B Power transmission SPV to Reliance Industries
REC Power Development and Consultancy Limited (RECPDCL), a wholly-owned subsidiary of REC Limited under the Ministry of Power, has officially handed over the Special Purpose Vehicle (SPV) for the Lakadia B Power Transmission Project to Reliance Industries Ltd. This transfer took place on February 14, 2025, in Gurugram. Reliance Industries emerged victorious as the Transmission […]
RECPDCL handovers HVDC transmission projects SPV viz. Rajasthan Part I Power Transmission Limited to Adani Energy Solutions Limited
REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, the Maharatna CPSU under the aegis of Ministry of Power, has handed over the project specific SPV (Special Purpose Vehicle) of HVDC Transmission Project under TBCB route viz, Rajasthan Part I Power Transmission Limited to Adani Energy Solutions Limited on 20th […]
RECPDCL Hands Over Khavda IV-E2 Power Transmission Ltd to Power Grid and NERES XVI Power Transmission Ltd to Techno Electric
Gurugram, 30th May: REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, handed over two project specific SPVs (Special Purpose Vehicles) on 30th May 2024, namely, Khavda IV-E2 Power Transmission Limited and NERES XVI Power Transmission Limited formed for the implementation of Inter-State Transmission Schemes of Ministry of Power for […]