REC’s subsidiary handed over SPV to Adani Transmission

Sarkaritel
By Sarkaritel June 19, 2018 19:35

REC’s subsidiary handed over SPV to Adani Transmission


New Delhi, June 19 REC Transmission Projects Company Limited, a wholly owned subsidiary of Rural Electrification Corporation Ltd, – a ‘Navratna’ Central Public Sector Undertaking, under Ministry of Power, handed over project specific Special Purpose Vehicle (SPV) “GhatampurTransmission Limited” to M/s Adani Transmission Limited on 19th June, 2018 in the presence of Principle Secretary (Energy), Govt. of UP, CEO, RECTPCL, MD, UPPCL and Senior Officials of UPPTCL and RECTPCL

The selection was carried out through Tariff Based Competitive Bidding based on the Standard Bidding Documents and Guidelines notified by Ministry of Power, Government of India for selection of transmission developers on Build, Own, Operate& Maintain (BOOM) model.

Sarkaritel
By Sarkaritel June 19, 2018 19:35