26th February 2026: REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, the Maharatna CPSU under the aegis of Ministry of Power, handed over a project specific SPV (Special Purpose Vehicle) of InSTS Transmission Project of Maharashtra under TBCB route viz, Umred Power Transmission Limited to the successful bidder i.e. M/s Maharashtra State Electricity Transmission Company Limited on 26th February 2026.
M/s Maharashtra State Electricity Transmission Company Limited emerged as the successful bidder through Tariff-Based Competitive Bidding (TBCB) process conducted by RECPDCL, the Bid Process Coordinator, for development of the transmission project on Build, Own, Operate & Transfer (BOOT) basis.
The SPV was handed over by Shri Vijay Kulkarni, Sr. GM & HoD (T&D), RECPDCL to Ms. Vineeta Shriwani, Company Secretary and Sh. Amit Naik, Chief Engineer (TBCB), Maharashtra State Electricity Transmission Company Limited in the presence of Senior Officials of RECPDCL, Maharashtra State Electricity Transmission Company Limited and Maharashtra STU. The implementation period of the project is 24 months.
The scheme broadly covers establishment of 400/220/132 kV Substation at Umred, 220 kV Double Circuit line of around 51 km from Umred (New) to Add. Buttibori (Proposed), 132 kV Double Circuit line of around 38 km from Kolari (existing) to Umred (New) and LILO of different lines at 400/220/132 kV, along with other associated works.
