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 H-1 Power Transmission Limited to M/s Power Grid Corporation of India Limited (PGCIL) on 15th October 2024 at Gurugram.
M/s Power Grid Corporation of India Limited (PGCIL) emerged as the Transmission Service Provider (TSP) through Tariff-based Competitive Bidding (TBCB) process conducted by RECPDCL, the BPC (Bid Process Coordinator), for development of the above transmission project on BOOT (Build, Own, Operate & Transfer) basis.
The project covers establishment of 765/400 kV (2×1500 MVA), 400/220 kV (2×500 MVA) & 220/132 kV (3×200 MVA) Kurawar sub-station with 2×330 MVAR, 765 kV Bus Reactor and 1×125 MVAR, 420 kV Bus Reactor along with associated works.