Highlights Public Sector Unit News

RECPDCL Hands Over Barmer and Sakoli SPVs

  • September 25, 2026
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REC Power Development and Consultancy Limited (RECPDCL) has handed over two power transmission project Special Purpose Vehicles (SPVs) to the successful bidders under the Tariff-Based Competitive Bidding (TBCB) process. The handovers took place on September 23, 2026. Barmer HVDC Power Transmission Limited was handed over to Power Grid Corporation of India Limited (PGCIL). Sakoli Power […]

Highlights Public Sector Unit News

Barmer HVDC: POWERGRID Acquires 100% SPV

  • September 24, 2026
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Power Grid Corporation of India Limited (POWERGRID) has acquired Barmer HVDC Power Transmission Limited for about ₹18.98 crore. The acquisition gives POWERGRID 100% ownership of the project special purpose vehicle (SPV). POWERGRID completed the acquisition on September 23, 2026. It emerged as the successful bidder for the project under the Tariff Based Competitive Bidding (TBCB) […]