RECPDCL Hands Over SPV for Inter-State Transmission Project to GR Infraprojects
This initiative marks a crucial step forward in the establishment of the Inter-State Transmission Project for 'Evacuation of Power from RE Projects in Rajgarh (1000 MW) SEZ in Madhya Pradesh - Phase II.'
February 16, 2024. By Abha Rustagi
This initiative marks a crucial step forward in the establishment of the Inter-State Transmission Project for 'Evacuation of Power from RE Projects in Rajgarh (1000 MW) SEZ in Madhya Pradesh - Phase II.'
The SPV, named Pachora Power Transmission Limited, was transferred to the winning bidder, M/s G R Infraprojects Private Limited, during a ceremony attended by senior officials from RECPDCL. Key stakeholders, including representatives from the Central Transmission Utility of India Limited (CTUIL), were also present to witness this milestone event.
Speaking on the occasion, the CEO of RECPDCL, Rajesh Kumar, emphasized the organization's commitment to meeting the nation's growing electricity demands through renewable energy initiatives. “In line with the visionary directions of the Power Minister and Power Secretary, RECPDCL is putting in all possible efforts to ensure the growth of renewable power reforms to cater to the electricity demand of the country. Tariff-based Competitive Bidding for the development of transmission system for evacuation of RE power is one such noble mission and RECPDCL is privileged to be a Bid Process Coordinator for the award of projects through the TBCB route,” he said.
The handover of the SPV signifies a collaborative effort between public and private entities to advance India's renewable energy agenda. It reflects the government's strategic vision, as well as the dedication of organizations like RECPDCL and G R Infraprojects Pvt. Ltd., towards achieving sustainable energy goals and fostering economic growth.
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