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RECPDCL hands over NERGS-I Power Transmission 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 & a leading NBFC, handed over a project specific SPV (Special Purpose Vehicle) viz, NERGS-I Power Transmission Limited to M/s Techno Electric

By Whispers in the Corridors 1 min read
RECPDCL hands over NERGS-I Power Transmission 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 & a leading NBFC, handed over a project specific SPV (Special Purpose Vehicle) viz, NERGS-I Power Transmission Limited to M/s Techno Electric & Engineering Company Limited, formed for establishment of new 400 kV switching station at Bokajan in Assam and LILO (loop‐in and loop‐out) of both circuits of Misa – New Mariani 400 kV D/c line at Bokajan in Assam. M/s Techno Electric & Engineering Company Limited emerged as the Transmission Service Provider (TSP) for the scheme through Tariff-based Competitive Bidding (TBCB) process conducted by RECPDCL, the Bid Process Coordinator. The SPV was handed over by TSC Bosh, CEO, RECPDCL to Dinesh Parikh, General Manager (Commercial), Techno Electric & Engineering Company Limited in the presence of senior officials of RECPDCL, Central Transmission Utility (CTU) of India Limited and Techno Electric & Engineering Company Limited.

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