REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, has successfully handed over Jalna Power Transmission Limited, the Special Purpose Vehicle (SPV) for Maharashtra’s intra-state transmission project, to Maharashtra State Electricity Transmission Company Limited (MSETCL). The ₹912 crore transmission project will strengthen power infrastructure in Maharashtra through a new 400/132 kV substation and 135 km of transmission lines.
Key Highlights
✅ RECPDCL transfers Jalna Power Transmission Limited SPV to MSETCL
✅ Project to be developed under Tariff-Based Competitive Bidding (TBCB) mechanism
✅ ₹912 crore investment planned for Maharashtra transmission infrastructure
✅ Project includes new 400/132 kV substation and 135 km transmission network
REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, a Maharatna Central Public Sector Enterprise under the Ministry of Power, has handed over Jalna Power Transmission Limited, the Special Purpose Vehicle (SPV) established for Maharashtra’s intra-state transmission project, to Maharashtra State Electricity Transmission Company Limited (MSETCL).
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The transfer was completed on June 12, 2026, following the successful conclusion of the Tariff-Based Competitive Bidding (TBCB) process conducted by RECPDCL in its role as the Bid Process Coordinator. Maharashtra State Electricity Transmission Company Limited emerged as the successful bidder and will now undertake the development of the transmission project under the Build, Own, Operate and Transfer (BOOT) model.
The formal handover ceremony was conducted by Shri Ratnesh Kumar, General Manager (Engineering), RECPDCL, who transferred the SPV to Ms. Vineeta Shriwani, Company Secretary, and Shri Amit Naik, Chief Engineer (TBCB), Maharashtra State Electricity Transmission Company Limited. The event was attended by senior officials from MSETCL, Maharashtra State Transmission Utility (STU), and RECPDCL.
The transmission project is aimed at strengthening Maharashtra’s electricity infrastructure and supporting future power demand growth across the region. The project includes the establishment of a 400/132 kV substation at Jalna, along with approximately 135 kilometers of 132 kV double-circuit transmission lines connecting Jalna (New) to Jalna MIDC, Jalna (New) to Partur, and Jalna to Ghansawangi and Utwad.
With an estimated investment of ₹912 crore, the project represents a significant addition to Maharashtra’s transmission network and is expected to improve grid reliability, facilitate power evacuation, and enhance electricity availability for industrial, commercial, and residential consumers.
The infrastructure expansion comes at a time when Maharashtra continues to witness rising electricity demand driven by industrial growth, urbanization, and economic development. The new transmission assets are expected to support efficient power flow, reduce transmission constraints, and improve overall grid stability in the region.
The project has been scheduled for completion within 24 months, reflecting the state’s commitment to modernizing power infrastructure and ensuring uninterrupted electricity supply to support long-term economic growth.
As one of India’s leading power sector financing and project development entities, RECPDCL continues to play a crucial role in facilitating competitive bidding and accelerating transmission infrastructure projects across the country. The successful transfer of Jalna Power Transmission Limited further highlights the effectiveness of the TBCB framework in attracting experienced utilities and ensuring timely execution of strategic power projects.
The handover of Jalna Power Transmission Limited to Maharashtra State Electricity Transmission Company Limited marks an important milestone in strengthening Maharashtra’s power transmission network. With a planned investment of ₹912 crore, a new 400/132 kV substation, and 135 km of transmission lines, the project is expected to enhance grid reliability, support industrial expansion, and meet the state’s growing electricity requirements. The development reinforces India’s broader efforts to modernize transmission infrastructure and build a resilient power ecosystem for future growth.
FAQ Section
1. What is Jalna Power Transmission Limited ?
Jalna Power Transmission Limited is a Special Purpose Vehicle (SPV) created for the development of an intra-state transmission project in Maharashtra.
2. Who received the SPV from RECPDCL?
Maharashtra State Electricity Transmission Company Limited (MSETCL) received the SPV after emerging as the successful bidder through the TBCB process.
3. What is the estimated cost of the project ?
The transmission project is estimated to cost approximately ₹912 crore.
4. What infrastructure will be developed under the project ?
The project includes a new 400/132 kV substation at Jalna and around 135 km of 132 kV double-circuit transmission lines
5. What is the implementation timeline for the project ?
The project is scheduled to be completed within 24 months.
