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RECPDCL hands over Vizag Power Transmission Limited to Adani Energy Solutions

By Whispers In The Corridors News desk 1 min read
RECPDCL hands over Vizag Power Transmission Limited to Adani Energy Solutions

REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, a Maharatna CPSU under the Ministry of Power, handed over Vizag Power Transmission Limited, the project-specific Special Purpose Vehicle (SPV), to the successful bidder, M/s Adani Energy Solutions Limited, on 14 August.

Adani Energy Solutions Limited emerged as the successful bidder through the Tariff-Based Competitive Bidding (TBCB) process conducted by RECPDCL, the Bid Process Coordinator, for development of inter-state transmission project “Transmission System for Proposed Green Hydrogen / Green Ammonia projects in Vizag area, Andhra Pradesh (Phase-I)” on a Build, Own, Operate and Transfer (BOOT) basis.

The SPV was handed over by Rajkumar Sonkar, HoD (CS), RECPDCL to Shashank Sharma, CBDO, Adani Energy Solutions Limited, in the presence of Ratnesh Kumar, GM (Engg.) and other senior officials from RECPDCL, Adani Energy Solutions Limited and Central Transmission Utility of India Limited.

The transmission project broadly envisages establishment of 4x1500 MVA, 765/400 kV Pendurthi GIS substation and 3x1500, 765/400 kV Khammam-II substation, 765 kV D/c Line from Pendurthi to Srikakulam (226 km), Khammam-II to Warangal New (153 km), Khammam-II to Pendurthi (338 km), 400 D/c line Khammam-II to Khammam (existing) (60 km) along with associated works. The project implementation schedule is 30 months at an estimated cost of Rs. 8,386 crores.

 

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