REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, a Maharatna CPSU under the Ministry of Power, handed over two project-specific Special Purpose Vehicles (SPVs), namely Jam Khambhaliya Jamnagar Power Transmission Limited and Lakadia II Power Transmission Limited, to the respective successful bidders on 12^th October 2026.

The projects were awarded through the Tariff-Based Competitive Bidding (TBCB) route, with RECPDCL as the Bid Process Coordinator, for development of the projects on a Build, Own, Operate and Transfer (BOOT) basis.

The SPVs were formally handed over by Shri T. S. C. Bosh, Director (Projects), REC Limited, in presence of other officials from RECPDCL and the respective developers.

Lakadia II Power Transmission Limited — Handed Over to M/s Power Grid Corporation of India Limited 

M/s Power Grid Corporation of India Limited (PGCIL) emerged as the successful bidder for the inter-state transmission project titled “Transmission system for Integration of Power from RE Projects in Lakadia REZ in Gujarat-Phase II (7500MW)”.

The SPV was handed over to Mr. Arup Samanta, General Manager (CS), PGCIL, in the presence of Shri Amit Bhargav, ED (TBCB), PGCIL, and other senior officials from PGCIL and RECPDCL.

The transmission project broadly envisages establishment of 765/400 kV, 6×1500 MVA & 10×500 MVA, 400/220 kV Lakadia-II substation (Near Chitrod) with 2 Nos. of Synchronous Condensers at the Lakadia II substation;  765 kV D/c Lines from Lakadia II to Halvad (141 km), Lakadia II to Ahmedabad (197 km) and Lakadia II to Vataman (261 km) along with other associated works.  The project is scheduled for implementation within 36 months. 

Jam Khambhaliya Jamnagar Power Transmission Limited — Handed Over to M/s Ceigall India Limited

M/s Ceigall India Limited emerged as the successful bidder for the inter-state transmission project titled “Common Transmission System for evacuation of power from Lakadia (Phase-II: 7.5GW), Jam Khambhaliya (Phase-II: 5.5GW) and Jamnagar (Phase-I: 1GW) – Part-B”.

The SPV was handed over to Mr. Mr. Ayyalusamy Saravanan, CEO, Ceigall India Limited, in the presence of other senior officials from Ceigall India Limited and RECPDCL.

The transmission project broadly envisages establishment of 765/400 kV, 3×1500 MVA & 400/220 kV, 3×500 MVA Nasik substation, 765 kV D/c Line from Nasik to South Olpad (266 km), 400 kV D/c line from Nasik to Pimpalgaon (MSETCL) (40 km) along with associated works. The project is scheduled for implementation within 36 months.

Velgaon Power Transmission Limited

RECPDCL handed over Velgaon Power Transmission Limited, an SPV formed for an Intra-State Transmission Project of Maharashtra, to M/s Ceigall India Limited. Ceigall India Limited emerged as the successful bidder through the TBCB process conducted by RECPDCL, the Bid Process Coordinator, for development of the transmission project on a Build, Own, Operate & Transfer (BOOT) basis.

The SPV was formally handed over by Shri Vijay Kulkarni, Senior General Manager & Head of Department (T&D), RECPDCL, to Dr. Sudhir Rao Hoshing, Whole-time Director, Ceigall India Limited, in the presence of senior officials of RECPDCL, Ceigall India Limited and Maharashtra STU. The implementation period of the project is 24 months.

The project broadly covers the establishment of a 400/220 kV Velgaon Substation (GIS) and LILO of 400 kV Double Circuit and 220 kV Double Circuit & Single Circuit lines at Velgaon Substation, along with other associated works.

Jejuri Hinjewadi Power Transmission Limited

On the same day, RECPDCL also handed over Jejuri Hinjewadi Power Transmission Limited, another SPV for an Intra-State Transmission Project of Maharashtra, to M/s The Tata Power Company Limited. The Tata Power Company Limited was selected as the successful bidder through the TBCB process conducted by RECPDCL for development of the transmission project on a Build, Own, Operate & Transfer (BOOT) basis.

The SPV was handed over by Shri Vijay Kulkarni, Senior General Manager & Head of Department (T&D), RECPDCL, to Shri Piyush Kumar, Head BD–T&D (International), The Tata Power Company Limited, in the presence of senior officials of RECPDCL, The Tata Power Company Limited and Maharashtra STU. The implementation period of this project is also 24 months.

The scheme envisages the establishment of a 400 kV Double Circuit transmission line of approximately 115 km from Jejuri (existing) to Hinjewadi, along with other associated works.

The successful handover of these two SPVs underscores RECPDCL’s continued role as a leading Bid Process Coordinator in strengthening the transmission infrastructure of the country through transparent and competitive bidding, thereby facilitating reliable and efficient power evacuation within the State of Maharashtra.