RECPDCL Transfers Rajasthan SPV to PGCIL
ECONOMY & POLICY

RECPDCL Transfers Rajasthan SPV to PGCIL

REC Power Development and Consultancy Limited (RECPDCL) has officially transferred the special purpose vehicle (SPV) responsible for a crucial power transmission project in Rajasthan to the Power Grid Corporation of India Limited (PGCIL). The SPV was developed to enhance the state’s power transmission capacity, which is crucial for integrating renewable energy into the grid and ensuring the efficient distribution of electricity across Rajasthan. This handover marks a significant milestone in boosting the region's energy infrastructure.

The SPV transfer is part of a strategic effort to improve grid reliability and support the state’s growing energy demands, particularly as Rajasthan continues to emerge as a key hub for renewable energy production, including solar and wind power. By handing over this transmission project to PGCIL, RECPDCL is ensuring that the project benefits from the corporation’s expertise in managing and operating large-scale transmission networks, which will help in delivering uninterrupted power to consumers and industries.

PGCIL, a leading player in India’s power transmission sector, will now oversee the operation and management of this critical infrastructure. This move is expected to streamline power distribution and transmission, improving efficiency and reducing transmission losses. The project is a part of India's broader initiatives to upgrade its energy infrastructure and ensure that renewable energy sources can be seamlessly integrated into the national grid.

As Rajasthan plays a pivotal role in India's renewable energy push, the upgraded transmission lines will be instrumental in transmitting clean energy from renewable power plants to the grid. This development is aligned with India's commitment to enhancing energy security and achieving its ambitious renewable energy targets.

The SPV handover is also a step towards greater collaboration between state-run entities in executing large-scale energy projects. It emphasizes the importance of robust transmission networks in supporting India's transition to a more sustainable energy future.

REC Power Development and Consultancy Limited (RECPDCL) has officially transferred the special purpose vehicle (SPV) responsible for a crucial power transmission project in Rajasthan to the Power Grid Corporation of India Limited (PGCIL). The SPV was developed to enhance the state’s power transmission capacity, which is crucial for integrating renewable energy into the grid and ensuring the efficient distribution of electricity across Rajasthan. This handover marks a significant milestone in boosting the region's energy infrastructure. The SPV transfer is part of a strategic effort to improve grid reliability and support the state’s growing energy demands, particularly as Rajasthan continues to emerge as a key hub for renewable energy production, including solar and wind power. By handing over this transmission project to PGCIL, RECPDCL is ensuring that the project benefits from the corporation’s expertise in managing and operating large-scale transmission networks, which will help in delivering uninterrupted power to consumers and industries. PGCIL, a leading player in India’s power transmission sector, will now oversee the operation and management of this critical infrastructure. This move is expected to streamline power distribution and transmission, improving efficiency and reducing transmission losses. The project is a part of India's broader initiatives to upgrade its energy infrastructure and ensure that renewable energy sources can be seamlessly integrated into the national grid. As Rajasthan plays a pivotal role in India's renewable energy push, the upgraded transmission lines will be instrumental in transmitting clean energy from renewable power plants to the grid. This development is aligned with India's commitment to enhancing energy security and achieving its ambitious renewable energy targets. The SPV handover is also a step towards greater collaboration between state-run entities in executing large-scale energy projects. It emphasizes the importance of robust transmission networks in supporting India's transition to a more sustainable energy future.

Next Story
Real Estate

Dharavi Rising

Dharavi, Asia’s largest informal settlement, stands on the cusp of a historic transformation. With an ambitious urban renewal project finally taking shape, millions of residents are looking ahead with hope. But delivering a project of this scale brings immense challenges – from land acquisition to rehabilitate ineligible residents outside Dharavi and rehabilitation to infrastructure development. It also requires balancing commercial goals with deep-rooted social impact. At the helm is SVR Srinivas, IAS, CEO & Officer on Special Duty, Dharavi Redevelopment Project (DRP), Government..

Next Story
Real Estate

MLDL Records 20.4% Growth in Pre-Sales

Mahindra Lifespace Developers Limited (MLDL), the real estate and infrastructure development arm of the Mahindra Group, announced its financial results for the quarter ended March 31, 2025. In line with INDAS 115, the company recognises revenues using the completion of contract method. Key highlights FY25: Consolidated sales (Residential and IC&IC) of Rs 32.99 billion. Gross development value (GDV) additions in FY25 were Rs 1.81 trillion compared to Rs 440 billion in FY24 (~4x growth). Residential pre-sales of Rs 28.04 billion in FY25, reflecting 20.4% growth o..

Next Story
Infrastructure Transport

UCSL Delivers India's First Green Cargo Vessel to Norway

In a landmark achievement for Indian shipbuilding and the Atma Nirbhar Bharat initiative, Udupi Cochin Shipyard Limited (UCSL), a subsidiary of Cochin Shipyard Limited (CSL), has delivered the first of six next-generation green cargo vessels to Norway-based Wilson Ship Management AS, Europe’s largest short-sea shipping operator. The 3,800 DWT vessel, named Wilson Eco 1, was handed over during a ceremony at New Mangalore Port. The delivery is part of a Rs 5.06 billion project supported by Norway’s green maritime funding programme, marking India's entry into the European eco-friendly ca..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?