REC Transmission Projects Company Limited, a wholly owned subsidiary of Rural Electrification Corporation Ltd, – a ‘Navratna’ Central Public Sector Undertaking, under Ministry of Power, has handed over project specific Special Purpose Vehicles (SPV) namely Maheshwaram Transmission Limited to M/s Sterlite Grid 3 Limitedwho had emerged as the successful bidder.Competing alongside with the public and private sector majors, M/s Sterlite Grid 3 Limitedquoted the lowest levellised tariff of Rs. 552.51 million per annum for “Connectivity Lines for Maheshwaram (Hyderabad) 765/ 400 kV Pooling S/s”.
Transmission Project involves establishment of Maheshwaram (PG) – Mehboob Nagar 400kV D/C line, Nizamabad – Yeddumailaram (Shankarpalli) 400kV D/C line, 2 No. of 400kV line bays at Mehboob Nagar S/s of TSTRANSCO and 2 No. of 400kV line bays at Yeddumailaram (Shankarpalli) S/s of TSTRANSCO.The selection was carried out 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) basis through Tariff Based Competitive Bidding route.
