RECPDCL hands over six SPVs to Powergrid

REC Power Development and Consultancy Limited (RECPDCL) has handed over six project-specific special purpose vehicles (SPV) through the tariff-based competitive bidding (TBCB) process to Power Grid Corporation of India Limited (Powergrid). The six SPVs are Khavda RE Transmission Li­mited, KPS2 Transmission Limited, KPS3 Transmission Limited, Khavda II-B Transmission Limited, Khavda II-C Transmission Limited and ERWR Tra­nsmission Limited. The first five SPVs will implement transmission system projects in Gujarat. The ERWR Transmission Limited SPV will establish the inter-regional link between the eastern region grid and the western region grid through a 400 kV D/C transmission line between Jeypore (Odi­sha) and Jagdalpur (Chhattisgarh).