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RECPDCL hands over Rajasthan IV-A Power Transmission to Apraava Energy Private Ltd

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 a project specific SPV (Special Purpose Vehicle). viz, Rajasthan IV-A Power Transmission Limited to M/s Apraava Energy Private Limit

By Whispers in the Corridors 1 min read
RECPDCL hands over Rajasthan IV-A Power Transmission to Apraava Energy Private Ltd

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 a project specific SPV (Special Purpose Vehicle). viz, Rajasthan IV-A Power Transmission Limited to M/s Apraava Energy Private Limited (AEPL). The project will facilitate evacuation of power from Rajasthan Renewable Energy Zone Ph-IV (Jaisalmer/Barmer Complex). M/s Apraava Energy Private Limited (AEPL) 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 above transmission project on Build, Own, Operate & Transfer (BOOT) basis. The project covers construction of 765/400 kV, 4x1500 MVA & 400/220 kV, 5x500 MVA Pooling Station at Fategarh -IV, 184.56 Kms of 400 kV line and associated works. The SPV was handed over by T S C Bosh, CEO, RECPDCL to Naveen Munjal, Director (BD), AEPL in the presence of Senior Officials of RECPDCL, AEPL and Central Transmission Utility of India Limited. The project is targeted for implementation in 2 years.

 

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