RECPDCL Hands Over Hampapura Power Transmission Project SPV to Resonia Limited

Convener News Desk

Karnataka, June 02: 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) of InSTS Transmission Project of Karnataka under TBCB route viz, Hampapura Power Transmission Limited to the successful bidder i.e., M/s Resonia Limited on 30^th May 2026.

An Official while talking to Kashmir Convener said that Resonia Limited emerged as the successful bidder through Tariff-Based Competitive Bidding (TBCB) process conducted by RECPDCL, the Bid Process Coordinator, for development of the transmission project on Build, Own, Operate & Transfer (BOOT) basis.

The SPV was handed over by Monisha Barua, GM & HoD, RECPDCL to Tushar Chhabra, Head (Business Acquisition), Resonia Limited in the presence of Managing Director, KPTCL, Senior Officials of RECPDCL and Officials of Karnataka Power Transmission Corporation Limited. The implementation period of the project is 24 months.

The scheme broadly covers establishment of 400/220/33 kV GIS sub-station at Hampapura, 400 kV Double Circuit line of around 299 km from Jagalur to Kadakola, 220 kV Double Circuit line of around 125 km from Hampapura to Nagamangala, Maddur, Tubinakere & Huygonahalli and LILO of 400kV DC Quad moose line from Jagalur-Kadakola to proposed 765/400kV CN’Halli Station, along with other associated works, he added.