RECPDCL Hands Over Bikaner A & B Transmission SPVs to Power Grid

23 Nov 2024

REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, the Maharatna CPSU under the aegis of Ministry of Power, has handed over 2 Nos. project specific SPVs (Special Purpose Vehicle). viz, i) Bikaner A Power Transmission Limited & ii) Bikaner B Power Transmission Limited to Power Grid Corporation of India Limited on 11th November, 2024 at Gurugram.

 Power Grid Corporation of India Limited emerged as the Transmission Service Provider (TSP) through Tariff-Based Competitive Bidding (TBCB) process conducted by RECPDCL, the Bid Process Coordinator, for development of the both the transmission projects on Build, Own, Operate & Transfer (BOOT) basis.

 The transmission schemes are planned for evacuation of 6 GW RE power from Bikaner Complex of Rajasthan Renewable Energy Zone Phase-IV. The ‘Part A’ of the scheme covers 765/400 kV, 6 X1500 MVA and 400/220 kV, 6 X 500 MVA Bikaner -IV pooling station near Bikaner, 236 Kms of 765 kV line and 260 Kms of 400 kV line along with associated works. Whereas, ‘Part B’ of the scheme covers 765/400 kV, 6 X1500 MVA substation at Siwani, 237 Kms of 765 kV line and 382 Kms of 400 kV line along with associated works.

The SPVs were handed over by Shri T.S.C. Bosh, CEO, RECPDCL to Shri Naresh Kumar and Shri Harmeet Singh, Power Grid Corporation of India Limited in the presence of Senior Officials of RECPDCL, Power Grid Corporation of India Limited and Central Transmission Utility of India Limited. The projects are targeted for implementation in 24 months