RECPDCL Handover WRNES Talegaon Power Transmission Limited SPV to Adani Energy

Dil Bar Irshad | May 31, 2025 | 10:13 PM IST | Breaking News, Business, India | Follow on Google News

RECPDCL Handover WRNES Talegaon Power Transmission Limited SPV to Adani Energy – The estimated cost of the project is around Rs. 1,807.46 Crore

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 ISTS Transmission Project under TBCB route viz, WRNES Talegaon Power Transmission Limited to Adani Energy Solutions Limited on 30th May 2025. The estimated cost of the project is around Rs. 1,807.46 Crore.

Adani Energy Solutions Limited 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.

Also Read – RECPDCL Handovers HVDC Transmission Project’s SPV viz. Rajasthan Part I Power Transmission Limited to Adani Energy Solutions Limited

The SPV was handed over by Shri T.S.C. Bosh, CEO, RECPDCL to Shri Sanjay Arvind Johri, Vice President (BD), Adani Energy Solutions Limited in the presence of Senior Officials of RECPDCL, Adani Energy Solutions Limited and Central Transmission Utility of India Limited. The implementation period of the project is till 01.01.2028.

Also Read – RECPDCL Handovers Lakadia B Power Transmission Limited SPV to Reliance Industries Limited

The scheme covers establishment of 765/400 kV (2×1500 MVA) Substaion near South of Kalamb, LILO of approx. 89.18 km of 765 KV Pune-III to Boisar-II line along with other associated works.

Dil Bar Irshad

Dil Bar Irshad is a seasoned journalist, hails from Jammu Kashmir's Doda, covers political, social, business stories, index stories.