RECPDCL Transfers Umred Transmission SPV To MSETCL
POWER & RENEWABLE ENERGY

RECPDCL Transfers Umred Transmission SPV To MSETCL

REC Power Development and Consultancy (RECPDCL), a wholly owned subsidiary of REC Limited under the Ministry of Power, has handed over Umred Power Transmission Limited, a project-specific special purpose vehicle (SPV) for Maharashtra’s intra-state transmission project, to Maharashtra State Electricity Transmission Company Limited (MSETCL).

MSETCL emerged as the successful bidder through the tariff-based competitive bidding (TBCB) process conducted by RECPDCL, which acted as the bid process coordinator. The project will be developed on a build, own, operate and transfer (BOOT) basis, with an implementation period of 24 months.

The SPV was transferred by Shri Vijay Kulkarni, Senior General Manager & HoD (T&D), RECPDCL, to Ms Vineeta Shriwani, Company Secretary, and Shri Amit Naik, Chief Engineer (TBCB), MSETCL, in the presence of senior officials from RECPDCL, MSETCL and Maharashtra STU.

The scope includes the establishment of a 400/220/132 kV substation at Umred; a 220 kV double-circuit line of around 51 km from Umred (New) to Additional Buttibori (Proposed); a 132 kV double-circuit line of around 38 km from Kolari (Existing) to Umred (New); and LILO of various 400/220/132 kV lines, along with associated works.


REC Power Development and Consultancy (RECPDCL), a wholly owned subsidiary of REC Limited under the Ministry of Power, has handed over Umred Power Transmission Limited, a project-specific special purpose vehicle (SPV) for Maharashtra’s intra-state transmission project, to Maharashtra State Electricity Transmission Company Limited (MSETCL).MSETCL emerged as the successful bidder through the tariff-based competitive bidding (TBCB) process conducted by RECPDCL, which acted as the bid process coordinator. The project will be developed on a build, own, operate and transfer (BOOT) basis, with an implementation period of 24 months.The SPV was transferred by Shri Vijay Kulkarni, Senior General Manager & HoD (T&D), RECPDCL, to Ms Vineeta Shriwani, Company Secretary, and Shri Amit Naik, Chief Engineer (TBCB), MSETCL, in the presence of senior officials from RECPDCL, MSETCL and Maharashtra STU.The scope includes the establishment of a 400/220/132 kV substation at Umred; a 220 kV double-circuit line of around 51 km from Umred (New) to Additional Buttibori (Proposed); a 132 kV double-circuit line of around 38 km from Kolari (Existing) to Umred (New); and LILO of various 400/220/132 kV lines, along with associated works.

Next Story
Real Estate

CREDAI-MCHI to Host 10th Design & Construction Conference

CREDAI-MCHI will host the 10th anniversary edition of its Design & Construction Conference on August 19, 2026, at the Jio World Convention Centre in Mumbai.The event is expected to bring together more than 500 procurement leaders, construction heads, architects, consultants and senior real estate decision-makers, alongside over 50 construction and ancillary brands.The conference will feature product launches, technology showcases, knowledge sessions, strategic business-to-business networking and recognition of procurement professionals contributing to the transformation of the construction..

Next Story
Infrastructure Energy

BorgWarner Wins Extension for High-Voltage Inverter Programmes

BorgWarner has secured a major extension of several high-volume high-voltage inverter programmes from a leading European automotive manufacturer.The contracts cover updated inverter designs for plug-in hybrid and 800V battery-electric vehicle applications. Production is scheduled to begin in 2029.Isabelle McKenzie, President and General Manager, BorgWarner PowerDrive Systems, said the programme extensions demonstrate the company’s position in power electronics and reflect the strength of its technology, in-house expertise and customer relationships.For plug-in hybrid vehicles, BorgWarner wil..

Next Story
Infrastructure Urban

Castrol India Q2 Profit Rises 43% to Rs 3.48 bn

Castrol India reported a 43 per cent year-on-year increase in profit after tax to Rs 3.48 billion for the quarter ended June 30, 2026, supported by growth across its consumer, industrial and institutional businesses.Revenue from operations increased 25 per cent to Rs 18.71 billion during the second quarter of 2026, compared with Rs 14.97 billion in the corresponding period of 2025. EBITDA rose 41 per cent to Rs 4.94 billion from Rs 3.50 billion.Sequentially, revenue increased from Rs 15.45 billion in the first quarter of 2026, while EBITDA rose from Rs 3.29 billion. Profit after tax increased ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement