REC Power Development and Consultancy Limited (RECPDCL), a subsidiary of REC Limited, has transferred two project specific special purpose vehicles (SPV): Rajasthan IV-C Power Transmission Limited and Rajasthan IV-E Power Transmission Limited to Power Grid Corporation of India Limited (Powergrid). The two SPVs were formed for evacuation of power from the Jaisalmer or Barmer complex of Rajasthan Renewable Energy Zone Ph-IV (Jaisalmer/Barmer Comple). A tariff-based competitive bidding was held by RECPDCL and Powergrid emerged as the winner.
The Rajasthan IV-C Power Transmission Limited project includes construction of 765/400 kV, 3×1,500 MVA, and 400/220 kV, 5×500 MVA pooling station at Mandsaur, along with 171.75 km of 765 kV transmission line. The Rajasthan IV-E Power Transmission Limited project involves setting up a 765 kV substation near Rishabdeo and 339.24 km of 765 kV transmission line. The projects are targeted for implementation in two years.
In May 2024, RECPDCL issued a request for proposals to develop 200 MW ground-mounted solar power project at Jhansi, Uttar Pradesh. In April 2024, they had issued a tender to develop 223 MW inter-state transmission system (ISTS) connected solar projects to be set up in India.
