RECPDCL hands over two Power Transmission SPVs to successful bidders

Convener News Desk


New Delhi, October 13: REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, has handed over two project-specific Special Purpose Vehicles (SPVs) for inter-state power transmission projects to the successful bidders.

The SPVs—Lakadia II Power Transmission Limited and Jam Khambhaliya Jamnagar Power Transmission Limited—were handed over on Monday to Power Grid Corporation of India Limited (PGCIL) and Ceigall India Limited, respectively.

The projects were awarded through the Tariff-Based Competitive Bidding (TBCB) route, with RECPDCL acting as the Bid Process Coordinator. The projects will be developed on a Build, Own, Operate and Transfer (BOOT) basis.

The SPVs were formally handed over by REC Limited Director (Projects) T. S. C. Bosh in the presence of officials from RECPDCL and the respective developers.

PGCIL emerged as the successful bidder for the project titled “Transmission System for Integration of Power from RE Projects in Lakadia REZ in Gujarat-Phase II (7500MW).” The SPV was handed over to PGCIL General Manager (CS) Arup Samanta.

The project envisages a 765/400 kV Lakadia-II substation near Chitrod, along with synchronous condensers and 765 kV double-circuit transmission lines connecting Lakadia-II with Halvad, Ahmedabad and Vataman. The lines will cover approximately 141 km, 197 km and 261 km, respectively. The project is scheduled for completion within 36 months.

Ceigall India Limited emerged as the successful bidder for the project titled “Common Transmission System for Evacuation of Power from Lakadia (Phase-II: 7.5GW), Jam Khambhaliya (Phase-II: 5.5GW) and Jamnagar (Phase-I: 1GW) – Part-B.”

The SPV was handed over to Ceigall India Limited CEO Ayyalusamy Saravanan in the presence of officials from the company and RECPDCL.

The project envisages establishment of 765/400 kV and 400/220 kV substations at Nasik, along with a 765 kV double-circuit transmission line from Nasik to South Olpad covering 266 km and a 400 kV double-circuit line from Nasik to Pimpalgaon covering 40 km, besides associated works. The project is also scheduled for implementation within 36 months.

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