REC Limited has announced the incorporation of Zanskar Renewable Energy Limited to develop a 140 MWp solar power project with a 400 MWh Battery Energy Storage System (BESS) in Karsha village, Zanskar, Ladakh. Incorporated on October 29, 2026, the company is a wholly owned subsidiary of REC Power Development and Consultancy Limited (RECPDCL), which REC […]
REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, a Maharatna Central Public Sector Enterprise under the Ministry of Power, handed over the project-specific Special Purpose Vehicle (SPV), Nawada Durgapur Power Transmission Limited, to Shivalaya Construction Limited on October 16, 2026. The project was awarded through the Tariff-Based Competitive Bidding […]
REC Power Development and Consultancy Limited (RECPDCL) has transferred the entire shareholding of two project-specific Special Purpose Vehicles (SPVs) to its successful bidders on 12 October 2026. The transactions involve entities established to develop inter-state transmission systems linked to renewable energy evacuation projects in Gujarat. REC Subsidiary Completes Transfer of Two SPVs RECPDCL transferred Jam […]
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 […]
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) […]
Dilip Buildcon has been selected by RECPDCL for a Maharashtra intra-state transmission project, with the EPC component valued at ₹1,265 crore excluding GST. Dilip Buildcon has been selected as the successful bidder by REC Power Development and Consultancy Ltd (RECPDCL) for a Maharashtra intra-state electricity transmission project. The company disclosed the development in a stock […]
RECPDCL has handed over the Musalgaon Power Transmission Limited SPV for a Maharashtra intra-state transmission project. The RECPDCL Power Project involves an investment of ₹560 crore and includes a 220/132/33 kV substation and around 124 km of transmission lines. Key Highlights RECPDCL, a wholly owned subsidiary of REC Limited, has handed over Musalgaon Power Transmission […]
Luhri Power Transmission Project Moves to Terralight Solar REC Power Development and Consultancy Limited (RECPDCL) has handed over Luhri Power Transmission Limited to Terralight Solar Energy Tinwari Private Limited. The transfer took place on August 21, 2026. The SPV will implement an inter-state power transmission project in Himachal Pradesh. The Luhri Power Transmission Project will […]
RECPDCL has handed over Vizag Power Transmission Limited, a project-specific Special Purpose Vehicle (SPV), to Adani Energy Solutions Limited. The handover took place on August 14, 2026. The project will develop transmission infrastructure to support proposed green hydrogen and green ammonia projects in the Vizag region of Andhra Pradesh. The project has an estimated cost […]
New Delhi, July 11: RECPDCL, a wholly owned subsidiary of REC Limited, has signed the PIA Agreement and the DDF Agreement for the “Appointment of Advanced Metering Infrastructure (AMI) Service Provider for the rollout of 33.26 Lakh Smart Prepaid Metering (Phase-II Project) under the RDSS Scheme in Paschim Gujarat Vij Company Limited (PGVCL) jurisdiction on DBFOOT […]
