RECPDCL hands over Kallam Transmission SPV to IndiGrid

REC Power Development and Consultancy Limited (RECPDCL) has handed over the special purpose vehicle (SPV) formed for the construction of transmission project for supplying electricity from 1 GW renewable energy projects in Osmanabad to a consortium of IndiGrid 1 Limited and IndiGrid 2 Limited.

The consortium is the successful bidder of inter-state transmission project. The selection of successful bidder was carried out through tariff based competitive bidding (TBCB) process in line with the standard bidding documents and guidelines notified by the Ministry of Power. The work involves establishment of 400/220 kV substation at Kallam and LILO of 400 kV double circuit Parli – Pune transmission line. The project is targeted for completion in 18 months.