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RECPDCL Hands Over SPV for 2,000 MW Karnataka Solar Evacuation Project to Tata Power
REC Power Development and Consultancy has transferred the SPV for the INR 3,200 crore intra-state transmission project to evacuate 2,000 MW of solar power from Ryapte Solar Park in Karnataka to Tata Power.
August 04, 2026. By Mrinmoy Dey
REC Power Development and Consultancy (RECPDCL), a wholly-owned subsidiary of REC, has handed over Ryapte Power Transmission, a project-specific Special Purpose Vehicle (SPV), to the successful bidder, the Tata Power Company.
Tata Power emerged as the successful bidder through the Tariff-Based Competitive Bidding (TBCB) process conducted by RECPDCL, the Bid Process Coordinator, for development of an intra-state transmission project of Karnataka viz. “Evacuation Scheme for 2000 MW solar park at Ryapte Village, Tumkur District” on a Build, Own, Operate and Transfer (BOOT) basis, stated RECPDCL.
The SPV was handed over by Monisha Barua, GM and HoD, RECPDCL, to Tarun Katiyar, CEO and MD, TPTCL, in the presence of Managing Director, KPTCL and other senior officials from KPTCL, Tata Power and RECPDCL.
The transmission project broadly envisages 400/220 kV S/s at Ryapte in Tumkur District, 400/220 kV GIS S/s at Doddathaggalli (Near Hosakote), 400 kV Double Circuit line of around 207 km from Doddathaggalli to Ryapte and Kolar, 220 kV Double Circuit line of around 57 km from Doddathaggalli to Ekarajapura, Hosakote and Sarjapura along with other associated works. The project implementation schedule is 30 months at an estimated cost of INR 3,200 crore, stated RECPDCL.
Tata Power emerged as the successful bidder through the Tariff-Based Competitive Bidding (TBCB) process conducted by RECPDCL, the Bid Process Coordinator, for development of an intra-state transmission project of Karnataka viz. “Evacuation Scheme for 2000 MW solar park at Ryapte Village, Tumkur District” on a Build, Own, Operate and Transfer (BOOT) basis, stated RECPDCL.
The SPV was handed over by Monisha Barua, GM and HoD, RECPDCL, to Tarun Katiyar, CEO and MD, TPTCL, in the presence of Managing Director, KPTCL and other senior officials from KPTCL, Tata Power and RECPDCL.
The transmission project broadly envisages 400/220 kV S/s at Ryapte in Tumkur District, 400/220 kV GIS S/s at Doddathaggalli (Near Hosakote), 400 kV Double Circuit line of around 207 km from Doddathaggalli to Ryapte and Kolar, 220 kV Double Circuit line of around 57 km from Doddathaggalli to Ekarajapura, Hosakote and Sarjapura along with other associated works. The project implementation schedule is 30 months at an estimated cost of INR 3,200 crore, stated RECPDCL.
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