RECPDCL incorporates SPV for three transmission projects in Karnataka

REC Power Distribution Company Limited (RECPDCL) incorporated special purpose vehicles (SPVs) for three transmission projects in Karnataka.

These are Hampapura Power Transmission Limited for establishing 400 kV sub-station at Hampapura along with associated transmission lines in Mandya district, Sharavathi Power Transmission Limited for the transmission system for evacuation of power from 2,000 MW Sharavathi pumped storage hydel project and Ryapte Power Transmission Limited for the Transmission system for evacuation of power from 2,000 MW solar park at Ryapte village, Tumkur district, Karnataka. RECPDCL has been appointed as the bid process coordinator  for selection of a transmission service provider for establishment of the projects through tariff based competitive bidding process.