REC Power Development and Consultancy Limited (RECPDCL), a subsidiary of REC Limited under the Ministry of Power, today transferred two project-specific Special Purpose Vehicles (SPVs) – Bikaner A Power Transmission Limited and Bikaner B Power Transmission Limited to Power Grid Corporation of India Limited.
These transmission projects are designed to support the evacuation of 6 GW of renewable energy from the Bikaner Complex in Rajasthan, as part of the state’s Renewable Energy Zone Phase-IV. Part A of the project includes establishing a 765/400 kV pooling station near Bikaner, spanning 236 km of 765 kV transmission lines and 260 km of 400 kV lines, along with associated infrastructure. Part B involves the development of a 765/400 kV substation at Siwani, including 237 km of 765 kV lines and 382 km of 400 kV lines.
In a formal handover ceremony, RECPDCL CEO Shri T S C Bosh transferred control of two Special Purpose Vehicles (SPVs) to Power Grid Corporation representatives Shri Naresh Kumar and Shri Harmeet Singh. The event saw attendance from senior officials across RECPDCL, Power Grid Corporation, and the Central Transmission Utility of India Limited, marking a key milestone in India’s renewable energy infrastructure development. Selected as the Transmission Service Provider (TSP) through a Tariff-Based Competitive Bidding (TBCB) process, Power Grid Corporation will implement the projects on a Build, Own, Operate & Transfer (BOOT) basis. Both projects are aimed at enhancing the renewable energy transmission network in Rajasthan, with a targeted implementation timeline of 24 months.