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RECPDCL Hands Over Ryapte Transmission SPV to Tata Power

RECPDCL Hands Over Ryapte Transmission SPV to Tata Power

Tata Power emerged as the successful bidder in the tariff‑based competitive process, with the project slated for completion in 30 months. REC Power Development and Consultancy Ltd (RECPDCL), a wholly owned subsidiary of power sector financier REC Ltd, handed over Ryapte Power Transmission Ltd, the project‑specific special purpose vehicle (SPV), to Tata Power Co. Ltd...