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
Building Material

Ambuja Cements Drags JSW Cement to Court Over ‘Kawach’ Brand

Ambuja Cements, part of the Adani Group, has filed a trademark infringement case against JSW Cement in the Delhi High Court, alleging that its rival copied the ‘Kawach’ brand with its new product ‘Jal Kavach’.Justice Manmeet Pritam Singh Arora issued summons to JSW Cement and its subsidiary, JSW IP Holdings Pvt Ltd, while referring the matter to mediation. Hearings are scheduled to resume on October 15 if no settlement is reached.Ambuja, which registered the ‘Kawach’ trademark in 2019, argues that the term ‘Kavach’—meaning shield—is the distinctive feature of its branding. ..

Next Story
Technology

Bentley Systems Named Innovation Partner of the Year 2025 by Afcons

Bentley Systems, the infrastructure engineering software company, has been recognised by Afcons Infrastructure Limited as its Innovation Partner of the Year 2025 at the Innovation Partners 2025 Felicitation Ceremony in Mumbai. The award acknowledges Bentley’s contribution to Afcons’ engineering digitalisation journey through an enterprise agreement providing access to over 250 Bentley engineering software tools. This adoption has enabled Afcons to accelerate project delivery, standardise digital workflows, and strengthen innovation across its infrastructure portfolio. Among key i..

Next Story
Infrastructure Urban

SBI Sells 13.18% Stake in Yes Bank to Japan’s SMBC

State Bank of India (SBI) has completed the sale of a 13.18 per cent stake in Yes Bank to Japan’s Sumitomo Mitsui Banking Corporation (SMBC) for over Rs 8,889 crore. The divestment is part of a Rs 13,482 crore deal finalised in May with SMBC and seven private banks.Following the transaction, SBI’s shareholding in Yes Bank stands at 10.8 per cent. The deal, involving 4,134.4 million shares at Rs 21.50 each, is the largest cross-border transaction in the Indian banking sector.SBI Chairman C S Setty described the 2020 RBI-led rescue of Yes Bank as a pioneering public-private partnership, addi..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?