The project is slated for commissioning by October 15, in step with the hydro generation timelines, at an estimated cost of ₹ 8.40 billion. REC Power Development and Consultancy Ltd (RECPDCL), a wholly owned subsidiary of power sector financier REC Ltd under the Ministry of Power, has handed over Luhri Power Transmission Ltd, the project‑specific special purpose vehicle (SPV), to the successful bidder Terralight Solar Energy Tinwari Pvt....
Tag: Terralight Solar
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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...