REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, the Maharatna CPSU under the aegis of Ministry of Power, handed over a project specific SPV (Special Purpose Vehicle) of ISTS Transmission Project under TBCB route viz, WRNES Talegaon Power Transmission Limited to Adani Energy Solutions Limited on 30th May 2025. The estimated cost of the project is around Rs. 1,807.46 Crore. Adani Energy Solutions Limited 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 by TSC Bosh, CEO, RECPDCL to Sanjay Arvind Johri, Vice President (BD), Adani Energy Solutions Limited in the presence of Senior Officials of RECPDCL, Adani Energy Solutions Limited and Central Transmission Utility of India Limited. The implementation period of the project is till January 1, 2028. The scheme covers establishment of 765/400 kV (2x1500 MVA) Substaion near South of Kalamb, LILO of approx. 89.18 km of 765 KV Pune-III to Boisar-II line along with other associated works.