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RECPDCL Transfers Two Key Power Transmission SPVs to Power Grid and Terralight Solar

RECPDCL Transfers Two Key Power Transmission SPVs to Power Grid and Terralight Solar

The successful bidders, chosen through tariff‑based competitive bidding, will develop the projects on a BOOT basis. REC Power Development and Consultancy Ltd (RECPDCL), a wholly owned subsidiary of power financier REC Ltd, handed over two project‑specific special purpose vehicles (SPVs) for inter‑state transmission projects to the respective successful bidders on July 29. The SPVs transferred...