REC’s subsidiary handover SPV to Power Grid

Sarkaritel
By Sarkaritel September 4, 2019 10:57

REC’s subsidiary handover SPV to Power Grid


New Delhi, Sep 03 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) ‘Khetri Transco Limited’ to M/s Power Grid Corporation of India Limited on 29th August 2019 in the presence of CEO, RECTPCL and ED, PGCIL.

The selection was carried out through Tariff Based Competitive Bidding (TBCB) based on the Standard Bidding Documents and Guidelines thereof as notified by Ministry of Power, Government of India for selection of Transmission Developers.

Sarkaritel
By Sarkaritel September 4, 2019 10:57