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RECPDCL transfers Khavda V-A HVDC project SPV to Power Grid Corporation
EPR Magazine (Electrical & Power Review)
|December 2024
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 Bid Process Coordinator, for development of the transmission project on Build, Own, Operate & Transfer (BOOT) basis.
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REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, the Maharatna CPSU under the aegis of Ministry of Power, has handed over the project-specific SPV (Special Purpose Vehicle) of HVDC Transmission Project under TBCB route viz, Khavda V-A Power Transmission Limited to Power Grid Corporation of India Limited on 19th November 2024 at Gurugram.
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