REC Power Development and Consultancy Limited (RECPDCL), a subsidiary of REC Limited, has handed over the project-specific SPV (Special Purpose Vehicle) formed for the construction of ‘Ramgarh II Transmission Limited’ transmission project, to the Power Grid Corporation of India (PGCIL) Limited.
The SPV has been handed over by CEO, of RECPDCL, Shri Rajesh Kumar to the Executive Director, PGCIL, Shri Pankaj Pandey on 26th October 2023. Executive Director, CTUIL, Shri Jasbir Singh; CGM, RECPDCL, Shri P.S. Hariharan and other senior officials of RECPDCL, CTUIL and PGCIL were also present on the occasion. The selection of M/s Power Grid Corporation of India Limited was carried out through Tariff Based Competitive Bidding (TBCB) carried out by RECPDCL
