REC Subsidiary Handovers Mahan Transmission SPV to Adani Energy

29 Mar 2025 CW Team

REC Power Development and Consultancy (RECPDCL), a wholly owned subsidiary of REC, the Maharatna CPSU under the aegis of Ministry of Power, handed over project specific SPV (Special Purpose Vehicle) of Intra State Transmission Project under TBCB route viz, Mahan Transmission Limited to Adani Energy Solutions on 26th March 2025.

Adani Energy Solutions emerged as the Transmission Service Provider (TSP) 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 to Shashank Sharma, Head Business Development, Adani Energy Solutions in the presence of Senior Officials of RECPDCL, Adani Energy Solutions, MPPMCL and MPPTCL. The implementation period for Rewa (Sagra) Substation is 25.10.2026 & for Amarpatan Substation is 25.04.2027.

The scheme covers construction of 400/220/132 kV Substation at Rewa (Sagra) & Amarpatan locations, 166 km of 400 KV transmission line between PTEMPL (MEL) Switchyard & Rewa (Sagra), 50 km of 400 KV line between Rewa (Sagra) & Amarpatan including other associated works of 220kv & 132 Kv lines. The estimated cost of the project is around Rs 19 billion.

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